C-Suite Strategies

loanDepot Faces NYSE Warning Despite Turnaround Gains

The lender’s shares have traded below the exchange’s $1 threshold, putting a potential reverse stock split on the table

C-Suite Strategies
Wholesale
Analysis and Data
Better Board Says Garg Must Stay Out As Control Fight Escalates

Directors point to early operating progress and Better’s planned wholesale launch as evidence that the lender should continue without its founder in management

C-Suite Strategies
CrossCountry Clears Final Hurdle To Take Control Of Two Harbors

Closing will put RoundPoint’s servicing platform and Two Harbors’ MSR operation under CrossCountry, while UWM’s $500 million-plus lawsuit remains unresolved

C-Suite Strategies
NEXA Acquires UMortgage, Offering Blueprint For Broker Consolidation

UMortgage will retain its brand and sales culture while moving onto NEXA’s larger operating platform, a model NEXA is openly pitching to other broker owners

C-Suite Strategies
Better Deploys Poison Pill In Escalating Fight With Garg

The shareholder rights plan adds a 15% ownership trigger while the former CEO solicits shareholder consent to remove five of Better’s eight directors

Courts
C-Suite Strategies
Better Sues Garg After His Claimed Voting Majority Falls Short

The former CEO acknowledges an “administrative error” left him without enough consents to remove five directors, but his formal campaign for board control is moving forward

Courts
C-Suite Strategies
Real-RE/MAX Deal Nears Closing, Putting 180,000-Agent Mortgage Network Within Reach

Shareholder approval clears a major hurdle as Real prepares to bring One Real Mortgage, Motto Mortgage, Wemlo, title, and more than 1 million annual consumer leads under one corporate umbrella

C-Suite Strategies
Better Says Garg Falls Short In Bid To Retake Control

The mortgage lender says its former CEO’s board-removal campaign has fallen short, but an SEC filing confirms Garg has investors discussing leadership changes

C-Suite Strategies
Better Says It Fired Vishal Garg After He Moves To Oust Board

Founder claims majority shareholder support; company blames him for its delayed 10-Q and raises possible securities-law concerns

C-Suite Strategies
Beeline CEO Puts Another $500,000 Behind Non-QM And Home Equity Pivot

The convertible note will become common stock without a market discount as Beeline pursues higher-margin lending and its proposed TYTL combination

C-Suite Strategies
Non-QM