Some of Loandepot’s finances are moving in the right direction but the company remains mired in the red. The lender and servicer Thursday disclosed a $25 million net loss for the second quarter, after posting a $40.7 million net loss in the first quarter. It’s a marked improvement from last spring, when the company factored […]
Loandepot narrows losses as CEO Hsieh mulls turnaround Read More »
Guild Mortgage saw profits and business volume return to the upside in the second quarter in one of its final earnings reports issued as a publicly traded company. The San Diego-based lender and servicer posted net income of $18.7 million for the three-month period, improving from a $23.9 million loss at the end of the
Guild swings to profit ahead of privatization deal Read More »
President Donald Trump said Thursday that he will nominate Stephen Miran, chairman of the White House Council of Economic Advisers, to fill a recent vacancy on the Federal Reserve Board.Bloomberg News WASHINGTON — President Donald Trump said he will nominate Stephen Miran, currently the chair of the Council of Economic Advisers, to the Federal Reserve
Trump says he will nominate Stephen Miran to Fed Read More »