loanDepot, Movement Mortgage file motion to dismiss poaching lawsuit

Mortgage lenders loanDepot and Movement Mortgage have agreed to end a one-year dispute over the poaching of employees, according to a document filed Friday in a district court in Delaware. In June 2023, California-based loanDepot accused its competitor of damaging its business by hiring more than 25
Read MoreYour roadmap to the ever-evolving landscape of mortgage regulations

The mortgage world is fast-paced and constantly evolving, driven by shifts in laws and economic conditions. Both lenders and borrowers need to grasp these changes to skillfully move through the maze of mortgage regulations. This guide will walk you through the need-to-knows, helping you thrive in to
Read MoreNew listings have peaked for 2024: It’s the second-lowest year on record

One of my critical forecasts for 2024 was the growth of new listings data and active inventory, even with higher mortgage rates. However, the new listings data has slightly disappointed me. Many of my CNBC interviews, starting from late last year and just last week, have been on this theme, and new
Read MoreSelling your home to a family member in 5 easy steps

If handled correctly, selling your home to a family member can be a good way to help a loved one save money on a home and build wealth. However, an off-market transaction between family members requires careful planning and transparent communication to avoid misunderstandings and ensure a seamless p
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