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LoanDepot boosts lending and profit margins, trims Q1 loss

USA Real Estate News-Inman - Tue, 2025-05-06 17:35
Company founder Anthony Hsieh, who returned to the executive leadership team in March, says investments in technology, connections to real estate agents and joint ventures with homebuilders will help it scale.

Fathom Holdings promotes 2 execs in strategic growth, mortgage roles

USA Real Estate News-Inman - Tue, 2025-05-06 17:26
Sean Varin and Paul Marsh have been promoted to senior roles at Fathom Holdings and Fathom Holdings' subsidiary, Encompass Lending Group. The duo will be responsible for stoking growth opportunities at both companies.

UWM shrugs off $241M Q1 net loss on loan servicing writedown

USA Real Estate News-Inman - Tue, 2025-05-06 16:38
Executives put a positive spin on prospects for growth, with loan origination volume up 17 percent from a year ago to $32.4 billion and revenue up 5 percent to $613.4 million.

Redfin unfazed by 2% revenue drop as it finalizes deal with Rocket

USA Real Estate News-Inman - Tue, 2025-05-06 16:04
Despite a year-over-year decline in Q1, CEO Glenn Kelman voiced confidence in a statement on Tuesday as Redfin continued to finalize its $1.75 billion all-stock merger with Rocket Companies.
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