loanDepot claims West Capital Lending used illegal playbook to become a top brokerage
loanDepot is accusing West Capital Lending (WCL) of hiring hundreds of loan originators as independent contractors and paying them revenue splits — practices that loanDepot claims are illegal and enabled WCL to become one of the largest mortgage brokerages in the country in just three years. The len
Friday Harbor’s AI originator assistant now supports overlays
Friday Harbor, an AI-powered platform that helps loan officers build compliant loan files in real time, announced this week that its AI Originator Assistant can now assess loans against lender and investor overlays in addition to standard program guidelines. The update aims to give lenders greater c
ADU innovation spells affordable housing progress in North Carolina
In Wilmington, North Carolina’s tight housing market — where infill land is scarce and prices have climbed sharply — Jeffrey and Becky Maynard of Our House Your Home LLC are finding creative ways to keep their mission of affordable family housing alive. What began a decade ago as a small real estate
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