LendingLife – Page 7 – Cantilever Real Estate

Federal judge blocks DOJ subpoenas targeting Federal Reserve Chair Powell

March 13, 2026 by bp56691

A federal judge on Friday blocked subpoenas that the U.S. Department of Justice (DOJ) served the Federal Reserve in a case involving Jerome Powell’s Congressional testimony on the central bank’s headquarters renovation.

loanDepot reports $108M loss in 2025 even as volume, margins improve

March 10, 2026 by bp56691

loanDepot cut its 2025 net loss to $108 million as revenue rose 12% to $1.19 billion, but margins fell to 324 bps in Q4.

UWM raises revenue guidance ahead of Two Harbors vote

March 10, 2026 by bp56691

The parent of United Wholesale Mortgage raised the bar on 2026 revenue expectations just days ahead of a shareholder vote from Two Harbors Investment Corp. on a proposed $1.3 billion merger.

West Capital Lending sues loanDepot, alleges unlawful pay scheme

March 9, 2026 by bp56691

West Capital Lending has sued loanDepot, accusing the California-based mortgage lender of engaging in a long-running compensation scheme that violates the Truth in Lending Act.

Redwood launches Aspire securitization shelf with $391M non-QM deal

March 6, 2026 by bp56691

Redwood Trust closed a $391 million securitization backed by nonqualified mortgages, marking the inaugural deal from its Aspire platform that was expanded in early 2025.

Experian imposes another price increase on mortgage credit reports, resellers say

March 2, 2026 by bp56691

Resellers say Experian added another mortgage lender price increase of about 3%, after 2026 credit report hikes reached as much as 50%.

Rocket Pro doubles broker credits with Compass deal, unveils ‘Jupiter’ LOS

February 26, 2026 by bp56691

Rocket Pro announced a partnership with Compass to offer additional credits to brokers and unveiled a new loan origination system during its Ignite26 event.

Rocket grows revenue to $6.7B, expands market share in 2025

February 26, 2026 by bp56691

Rocket CEO Varun Krishna said the results capped a “transformational year” for the company, citing stronger market share and growth.

C2 Financial pushes for nationwide growth, top broker ranking

February 23, 2026 by bp56691

C2 Financial plans to boost volume beyond 10,000 loans and $5.5 billion, using AI, recruiting and expansion from 42 states to 50.

Bank capital relief may not quickly shift mortgage market dynamics

February 18, 2026 by bp56691

Regulatory changes to how banks treat mortgage assets — anticipated this week by Federal Reserve Vice Chair Michelle Bowman — may have an impact on the mortgage market over time, analysts said.