LendingLife – Page 12 – Cantilever Real Estate

OneTrust challenges mortgage coaching neutrality in suit over trade secrets

August 13, 2025 by bp56691

Filed Monday in the U.S. District Court for the Southern District of California, the complaint alleges breach of contract, misappropriation of trade secrets, business disparagement and civil conspiracy.

VA’s John Bell III stepping into new role at Office of Mission Support

August 12, 2025 by bp56691

Patrick Zondervan, who has been at the VA for nearly 25 years, succeeds Bell as the executive director for the Loan Guaranty Service.

Treasury eyes Bowman, Jefferson and Logan for Fed Chair

August 11, 2025 by bp56691

However, additional candidates will be interviewed in the coming weeks, Bloomberg reported.

Guild’s profit rebound and rising refi recapture bolster Bayview bid

August 11, 2025 by bp56691

Guild reported net income of $18.7 million for the second quarter of 2025, reversing a $23.9 million loss in the prior quarter.

Trump’s GSE stock offering plan challenged by analysts

August 8, 2025 by bp56691

The valuation and timeline are seen as overly optimistic, with some estimates at half the proposed figure ahead of a planned IPO this year.

With Hsieh in the driver’s seat, loanDepot posts revenue of $283M

August 7, 2025 by bp56691

loanDepot grew originations 30% and cut expenses in Q2 2025, narrowing its net loss as founder Anthony Hsieh resumed CEO duties

Rocket revamps real estate arm, moves home search to Redfin

August 4, 2025 by bp56691

Users who visit the Rocket Homes website are now met with a message stating they “can search for homes on Rocket until August 4.” After that, they will be redirected to Redfin’s platform, which will serve as Rocket’s primary home search tool.

Trigger lead ban bill advances to Trump’s desk

August 3, 2025 by bp56691

The Homebuyers Privacy Protection Act (H.R. 2808) passed through the U.S. Senate with unanimous consent and without amendments late Saturday.

The Fed could cut rates in September. Mortgage pros are skeptical of the impact

August 1, 2025 by bp56691

While many expect the Federal Reserve to cut interest rates at its September meeting, mortgage professionals caution that even if it happens, it won’t significantly impact the industry.

Rocket returns to profitability in Q2, yields early benefits from Redfin deal

July 31, 2025 by bp56691

Rocket Companies has returned to profitability despite a challenging second quarter for the mortgage industry, marked by economic uncertainties in the U.S.