Housing Wire

JUNE 20, 2024

A loanDepot subsidiary, LD Holdings Group LLC, will exchange its outstanding senior notes due in 2025, paying 6.5%, for senior secured notes due in 2027, paying 8.75%, according to an 8-K filing sent Thursday to the Securities and Exchange Commission (SEC). Investors representing 96% of the old notes tendered and accepted the transaction.

Investing 441

Investing Lending Investors Mortgage 441

Housing Wire

JUNE 18, 2024

The company said the proceeds of the debt offering are expected to fund, among other things, the firm’s residential lending business, the acquisition of mortgage-backed securities (MBS), and strategic acquisitions and investments. Other companies in the space have also recently issued or are about to issue debt.

Investing 417

Investing Real Estate Lending Investors 417

Housing Wire

APRIL 26, 2022

A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. It’s an open platform. We’re not huge, but we’re not small either.”.

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Mortgage Technology Investing Investors 476