One former loanDepot official had this to say about the rumor: “It makes sense. loanDepot has plenty of loan officers handling inbound leads. Amazon could create a ton more and compete with Quicken….”
Eli Global is hardly a household name in residential finance, but the privately held investment firm aims to be a player in the industry by purchasing mortgage companies and running them as separate entities.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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