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Alleging undue similarity between the "fello" and "mello" platforms, loanDepot takes legal action to protect its brand identity and prevent consumer deception in the competitive real estate market.
Mortgage industry veteran to lead expansion efforts across nine states in the southeast, bringing decades of experience to the role.
Federal judge's ruling targets operators of deceptive scheme, FTC and DFPI collaboration yields win for consumer protection.
Decision could make process harder for first-time buyers
Building permits rise year-over-year, signaling growth, while a significant decline in housing starts and completions points to ongoing challenges and market volatility.
The Mortgage Bankers Association reports a 19.1% year-over-year increase in new home purchase applications, with a seasonally adjusted annual rate reaching 700,000 units, the highest since October 2023.
Pending home sales slowed in January.
Guaranteed Rate's Banosian brings extensive experience to healthcare-focused real estate firm, aiding plans for growth and strategic investment opportunities.
Freddie Mac's Primary Mortgage Survey shows rates up to 6.77% last week.