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LoanDepot kinds JV with homebuilder LGI Properties

Top retail mortgage lender loanDepot has fashioned but one other strategic joint-enterprise with a mercurial-rising homebuilder. California-based mostly loanDepot has fashioned a JV partnership with LGI Properties, called LGI Mortgage Solutions, the companies launched on Thursday. “Having been a most standard lender with LGI Properties since 2015, now we cling been extraordinarily impressed by every other’s ability to scale whereas gathered delivering industry-leading customer support,” talked about Dan Peña, govt vp of nationwide joint ventures for loanDepot. Headquartered in The Woodlands, Texas, LGI Properties affords entry-degree homes and pass-up homes under the LGI Properties heed title, and luxury series homes under the Terrata Properties heed. As of December 31, 20...