online lending

In its third quarter earnings call, Finance of America leadership took pains to paint a bright future for the troubled company, which recently shuttered its forward-mortgage operations. For the third quarter, FOA lost $302 million,…
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LoanDepot reported a nine-figure loss in the third quarter, but executives professed faith in the company's massive cost-cutting exercise and new loan product expected to revive diminishing gain-on-sale margins. The Foothill Ranch,…
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The downward trend forecasted shows origination to decrease to $2.05 trillion in the upcoming year, down from $2.26 trillion predicted for 2022. Those who are actively getting ahead of the trend curve, have been focused on adaptation,…
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