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LoanDepot says it’s going public (for real this time)

Housing Wire

After a dramatic false start in 2015, California-based lender loanDepot says it’s finally going public. LoanDepot , backed by private equity shop Parthenon Capital Partners, first announced plans to go public in September 2015 , but canceled the IPO hours before pricing due to what the company called adverse “market conditions.”

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Daren Blomquist’s 2023 housing outlook

Housing Wire

Foreclosure auction buyers on the Auction.com platform purchased at an average discount of 29% below estimated “as-is” market value in the fourth quarter of 2022, up from 23% in the third quarter and up from a pandemic low of 9% in the first quarter of 2021. percent, according to ATTOM Data Solutions.

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LoanDepot could make public debut this year at up to $15B

Housing Wire

LoanDepot, backed by Parthenon Capital Partners, announced plans to go public in September 2015 , but canceled the IPO hours before pricing due to what the company called adverse “market conditions.” ” At the time, loanDepot had sought a market value of $2.4 billion to $2.6

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Upcoming IPO could value loanDepot at $6.5B

Housing Wire

LoanDepot , backed by private equity firm Parthenon Capital Partners, first announced plans to go public in September 2015 but canceled the IPO just hours before pricing, citing adverse “market conditions.” At the time, LoanDepot had sought a market value of $2.4 billion to $2.6

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LoanDepot files paperwork to go public in 2021

Housing Wire

LoanDepot , backed by private equity firm Parthenon Capital Partners, first announced plans to go public in September 2015 but canceled the IPO just hours before pricing, citing adverse “market conditions.” At the time, LoanDepot had sought a market value of $2.4 billion to $2.6

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Opinion: Pass the Neighborhood Homes Investment Act

Housing Wire

Neighborhood Homes is a practical solution for communities in which the cost of renovating or building a home exceeds its market value after the work is complete. In 2015, Rocket Mortgage partnered with the Detroit Land Bank Authority on Rehabbed & Ready, a program similar to Neighborhood Homes, in Detroit, Michigan.

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A transparent foreclosure marketplace reveals hidden equity

Housing Wire

The share of Auction.com foreclosure sales with surplus funds has steadily risen in recent years, hitting a new record high of 46% in 2019 before slipping slightly to 44% in 2020 — still more than twice the share of foreclosure sales with surplus funds between 2012 and 2015.

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