loanDepot
Weely Real Estate News

loanDepot Unveils melloNow Underwriting Engine

loanDepot Inc. (NYSE: LDI) has released its melloNow underwriting engine, which is designed to provide conditional loan approval in minutes. According to the Irvine, California-based company, melloNow uses a fully digital verification process to evaluate […]

Refinancing
Mortage News

Refinancing Activity Responds to Rate Drop

Borrowers took advantage of lower mortgage rates again last week, seizing the opportunity, especially for refinancing. The Mortgage Bankers Association (MBA) said its seasonally adjusted Market Composite Index, a measure of mortgage loan application volume, […]