Skip to main content

loanDepot And mellohome's 'Grand Slam' Experience Builds Momentum

Navi Persaud
Dec 08, 2021

After recently launching Grand Slam, a new buying experience, loadDepot and its sister company, mellohome, has seen more than 1,400 accepted customer offers.

The companies stated that the 1,400 accepted offers through the Grand Slam program represent more than $500 million in purchase and sale volume.

“We developed the loanDepot Grand Slam with mellohome as a means to better serve homebuyers by simplifying one of life's most important and complex financial transactions,” said Anthony Hsieh, founder and CEO, loanDepot.

According to the companies, the product package combines digital-first simplicity with an expansive suite of services and a set of incentives.

Hsieh states that real estate service industries are moving towards consolidation of products and services for homeowners and that his company will continue to do so as well by using technology to achieve its mission.

Published
Dec 08, 2021
Home Builder Confidence Dips Due To Inflation And Supply Chain Concerns

Home builder confidence in the market for newly built, single-family homes fell by one point to 83 in January 2022, according to the National Association of Home Builders and Wells Fargo's Housing Market Index report.

Construction
Jan 18, 2022
Milo Releases First-Ever U.S. Crypto Mortgage

This will make it easier for crypto investors to purchase U.S. real estate.

Industry News
Jan 18, 2022
Total Expert Hires John Emerick As CFO

Emerick served as CFO for two rapidly growing software-as-a-service companies: Code42 and CyberGrants.

Industry News
Jan 18, 2022
Home Partners Of America Launches Choice Lease Program

Home Partners of America launched its Choice Lease program aimed at addressing the affordable housing crisis and mortgage access challenges, that are faced by low-to-moderate-income families and underrepresented communities.

Industry News
Jan 17, 2022
KBRA Assigns Preliminary Ratings To OBX 2022-NQM1 Trust

Kroll Bond Rating Agency assigned preliminary ratings to six classes of mortgage pass-through notes from OBX 2022-NQM1 Trust, a $556.7 million non-prime RMBS transaction.

Non-QM
Jan 17, 2022
Zillow: Black Mortgage Applicants Denied 84% More Often Than White

Zillow recently analyzed data from the Home Mortgage Disclosure Act and found that Black mortgage applicants are denied a mortgage 84% more often than white applicants.

Analysis and Data
Jan 13, 2022