LoanDepot boosts lending and profit margins, trims Q1 loss
Company founder Anthony Hsieh, who returned to the executive leadership team in March, says investments in technology, connections to real estate agents and joint ventures with homebuilders will help it scale.
Fathom Holdings promotes 2 execs in strategic growth, mortgage roles
Sean Varin and Paul Marsh have been promoted to senior roles at Fathom Holdings and Fathom Holdings' subsidiary, Encompass Lending Group. The duo will be responsible for stoking growth opportunities at both companie...
UWM shrugs off $241M Q1 net loss on loan servicing writedown
Executives put a positive spin on prospects for growth, with loan origination volume up 17 percent from a year ago to $32.4 billion and revenue up 5 percent to $613.4 million.
In a bid to blunt gentrification after fire in Altadena, nonprofits look to buy burned lots
Some nonprofits are buying burned lots in Altadena in an effort to limit disaster gentrification as for-profit developers score the community to build.
Amid tariff turmoil, these warehouses are in big demand in L.A.
Some importers that are still receiving shipments are scrambling to rent space in bonded buildings where they hope to buy time for the tariff tensions to ease.
L.A.'s office market takes a hit amid trade wars, fires and economic uncertainty
Tenants hunting for office space in the Los Angeles area are in the driver's seat as vacancies plague many landlords trying to fill their buildings with people.
City terminates application for Chinatown tower at 643 N. Spring Street
City terminates application for Chinatown tower at 643 N. Spring Street Steven Sharp Wed, 05/07/2025 - 06:15 A pre-pandemic proposal which would have brought a Studio Gang-designed tower to Chinatown...
Metro to close D Line from May 17 to July 25 for subway construction
Metro to close D Line from May 17 to July 25 for subway construction Steven Sharp Wed, 05/07/2025 - 06:10 Metro will temporarily shut down service on the D Line subway between Downtown Los Angeles an...
Student housing coming to Long Beach City College
Student housing coming to Long Beach City College Steven Sharp Wed, 05/07/2025 - 06:05 Long Beach City College is moving ahead with plans for an on-campus student housing complex, per a new environme...