During the firm’s earnings call, founder and CEO Anthony Hsieh assured analysts the nonbank has plenty of liquidity and will gain market share in the year ahead.

The general consensus among executives and loan officers over the past two weeks is that layoffs likely are on the way — it’s just a matter of when.

Where does the mortgage industry fit in? “The biggest barrier left to scaling up ADUs is finance,” said Karen Chapple, a professor from the University of California at Berkeley.

For now, the bank will continue to service its residential loans and HELOCs...

One contributor to the deal: Impac Mortgage...

Loan originators note that debt service coverage ratio loans are easier to underwrite than conforming mortgages...

loanDepot went public roughly a year ago. Its stock once traded as high as $39 a unit...

Application whiplash? But in a good way...

In a bit of a surprise, loanDepot also recorded negative changes to the fair market value of its mortgage servicing portfolio totaling $118.7 million.

Thompson acknowledged that it simply costs more to buy a home in places like San Francisco and New York...