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loanDepot narrows Q2 net loss as home equity lifts margins

loanDepot reported a sharply narrower net loss in the second quarter as the lender expanded its home equity business, increased loan production and improved operating leverage. The company posted a net loss of $6.6 million for the second quarter ended June 30, compared with a loss of $54.9 million in the first quarter. Revenue increased […]

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M/I Homes doubles down on specs as other builders pull back

As many homebuilders scale back on spec inventory to preserve margins, M/I Homes continues to hew to a contrarian strategy: More specs.  During earnings calls for Q4 2025 and Q1 2026, M/I Homes executives reiterated their plans to maintain a spec-heavy playbook. The company’s Q2 2026 earnings call last week indicates that the M/I team

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BankSouth Mortgage hires Erin Dee as chief innovation officer

BankSouth Mortgage announced on Tuesday that it has appointed Erin Dee as senior vice president and chief innovation officer, a role where she will focus on artificial intelligence, workflow modernization, enterprise transformation and customer experience. Dee will lead initiatives involving technology, operational oversight and organizational transformation as the company works to increase annual mortgage production

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