loanDepot

loanDepot, Inc. engages in the consumer lending business. It provides personal and home equity loans. The company was founded by Anthony Hsieh on July 10, 2015 and is headquartered in Irvine, CA.

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loanDepot exceeds expense reduction goals and targets growth in underserved markets

loanDepot's Q4 2022 earnings call showcased strong financial performance, strategic initiatives, and a focus on operational excellence. Despite market challenges, the company remains committed to driving shareholder value through innovative solutions and cost reduction efforts.

loanDepot reports strong Q1 performance amidst housing market challenges

loanDepot's Q1 2023 performance showed revenue growth, cost reduction, and progress on strategic goals. Challenges in the housing market and operational expenses were addressed, with opportunities identified for future growth.

loanDepot reports robust Q2 earnings, eyes growth amid expense challenges

loanDepot's Q2 2023 earnings call highlighted strong financial performance, progress on its Vision 2025 plan, and a focus on supporting diverse homebuyers. While facing challenges with increased expenses, the company aims to invest in growth opportunities and maintain strong liquidity for future expansion.

loanDepot reports stable Q3 revenues, eyes growth through efficiency

loanDepot's Q3 performance highlighted stability in revenues, improved margins, and cost reduction efforts leading to lower operating losses. While facing challenges in origination volume, the company's focus on efficiency improvements and growth initiatives under the Vision 2025 plan sets the stage for future opportunities and profitability.

loanDepot narrows losses, focuses on growth and efficiency in 2023

loanDepot's Q4 2023 performance showcased a strategic focus on cost reduction, revenue growth, and operational efficiency amidst market challenges and opportunities.
Vision 2025 initiatives position loanDepot as a trusted partner in homeownership, with investments in automation and customer experience enhancing its competitive edge.
While facing challenges such as restructuring costs and market dynamics, loanDepot's strategic direction and focus on growth present opportunities for expansion and profitability.

loanDepot reports revenue growth and cost efficiency amidst cyber challenges

loanDepot navigated the challenges of a cyber incident to achieve revenue growth and expense reduction in Q1 2024.
Strategic focus on Vision 2025 goals and servicing income growth indicate a resilient and forward-thinking approach to business.
While facing short-term challenges from the cyber incident and financial restructuring, loanDepot is poised to capitalize on opportunities for long-term growth and stability.

loanDepot reports improved Q2 performance and outlines growth strategies

loanDepot's Q2 2024 performance showed significant improvement with positive adjusted EBITDA and reduced net loss.
The company's strategic focus on Vision 2025, market expansion, and financial stability positions it for future growth.
While facing challenges such as market uncertainties and cybersecurity risks, loanDepot remains proactive in addressing risks and seizing opportunities.

loanDepot reports Q3 profitability, eyes growth through strategic initiatives

loanDepot's Q3 performance reflected profitability driven by increased origination volumes and margin expansion.
Strategic initiatives like Vision 2025 and Project North Star are positioning the company for sustainable growth and operational efficiency.
While facing challenges in managing expenses and optimizing profitability, loanDepot has opportunities for revenue growth and business development.

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loanDepot, Inc. engages in the business of originating, financing, selling, and servicing residential mortgage loans, title, escrow, and settlement services for mortgage loan transactions. It also offers a variety of loan products and in-house servicing platforms. The company was founded by Anthony Hsieh in December 2009 and is headquartered in Irvine, CA.

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot introduced a new home equity loan to its equityFREEDOM product suite.

loanDepot Adds Home Equity Loan to its equityFREEDOM Suite of Home Equity Products

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot announced that three of the company's talented women leaders have been recognized for blazing trails in the housing industry.

loanDepot's Trailblazing Women Earn Housing Industry Accolades

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot announced that President and CEO Frank Martell earned Inman's 2024 “Best of Finance” award for the second consecutive year.

loanDepot President and CEO Frank Martell Receives Inman's “Best of Finance” Award for Second Consecutive Year

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SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #housingwire--SmartRent, Inc. today announced the addition of Frank Martell, President and CEO of loanDepot, Inc., to its Board of Directors.

SmartRent Names Frank Martell to Board of Directors

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--For the fourth consecutive year, loanDepot originators have been recognized for their excellence by the NAHREP.

27 loanDepot Originators Recognized by NAHREP

IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot Announces Final Results of Exchange Offer.

loanDepot Announces Final Results of Exchange Offer

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot announced it has promoted Viviana Abarca to the position of managing director of mortgage lending operations.

loanDepot Promotes Viviana Abarca to Managing Director – Mortgage Lending Operations

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot announced that CMO Alec Hanson was named a “2024 HousingWire Marketing Leader.”.

loanDepot CMO Alec Hanson Named a “2024 HousingWire Marketing Leader”

IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot Announces Amendments to Exchange Offer and Consent Solicitation for 6.500% Senior Notes due 2025.

loanDepot Announces Amendments to Exchange Offer and Consent Solicitation for 6.500% Senior Notes due 2025

IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot Commences Exchange Offer and Consent Solicitation for 6.500% Senior Notes due 2025.

loanDepot Commences Exchange Offer and Consent Solicitation for 6.500% Senior Notes due 2025

DALLAS--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot announced the completion of the newly renovated and expanded STEM lab at Boys & Girls Clubs of Greater Dallas' Oak Cliff branch.

loanDepot Supports STEM Education With Lab Overhaul for Boys & Girls Clubs of Greater Dallas

LoanDepot expects the mortgage industry to continue facing a challenging environment. Recent interest rate increases have reduced industry forecasts for market volumes for the year, the company said in a Tuesday (May 7) earnings release.

LoanDepot Says ‘Higher for Longer' Interest Will Keep Challenging Mortgage Industry

loanDepot, Inc. (NYSE:LDI ) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Gerhard Erdelji - Senior Vice President-Investor Relations Frank Martell - President & Chief Executive Officer Dave Hayes - Chief Financial Officer Conference Call Participants Doug Harter - UBS Kyle Joseph - Jefferies Operator Good afternoon and welcome to loanDepot's First Quarter 2024 Earnings Call. After the speaker's remarks, there will be a question-and-answer session.

loanDepot, Inc. (LDI) Q1 2024 Earnings Call Transcript

Although the revenue and EPS for loanDepot (LDI) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

loanDepot (LDI) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

LoanDepot (LDI) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.25 per share a year ago.

LoanDepot (LDI) Reports Q1 Loss, Misses Revenue Estimates

IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot announces first quarter 2024 financial results.

loanDepot Announces First Quarter 2024 Financial Results

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The Financial Select Sector SPDR Fund ETF (NYSEARCA: XLF ) is down by approximately 3% month-over-month, illustrating the interim negativity attached to the financial sector.  Interest rate uncertainty paired with inconsistent real economic factors will lead to a sectoral drawdown.

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IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot's “Home School” supports every stage of the homeownership journey delivering content across podcasts, videos, and written articles.

loanDepot Builds on its Commitment to Consumer Education With New Home School Platform

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot has added a new, purpose-built ‘VA Loan Officers Master Class' to its robust suite of training and originator support resources.

loanDepot Introduces New ‘VA Loan Officer Master Class' for Originators Seeking to Better Serve the Military Community and Grow Their Business

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. ("LDI" or "Company") (NYSE: LDI), a leading provider of home lending solutions that enables customers to achieve the dream of homeownership, announced that Senior Vice President of Accounting Systems Jennifer Edwards has received HousingWire's Rising Star award, which spotlights leaders 40 years and younger who demonstrate leadership and innovation that inspires not only those within their organizations but in their communities and the industry a.

loanDepot's Jennifer Edwards Named to HousingWire's 2024 Class of Rising Stars

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot, Inc. ("LDI" or "Company") (NYSE: LDI), a leading provider of home lending solutions that enables customers to achieve the dream of homeownership, has appointed Jeff Wilkish to be its Regional Vice President for New England, managing a geography that includes New Hampshire, Rhode Island, Massachusetts, Maine, and Vermont. “In line with our Vision 2025 plan, we are continuously recruiting top talent,” said loanDepot Executive Vice President John Bianchi.

loanDepot Names Jeff Wilkish Regional Vice President for New England

IRVINE, Calif.--(BUSINESS WIRE)---- $LDI #LDI--loanDepot, Inc. to report first quarter 2024 financial results on May 7, 2024.

loanDepot, Inc. to Report First Quarter 2024 Financial Results on May 7, 2024

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot introduced its new AccessONE+ program, intended to remove barriers and make homeownership more accessible.

loanDepot's New AccessONE+ Program Provides First-Time Homebuyers With up to $9,000 in Down Payment Assistance

NEW YORK, NY / ACCESSWIRE / April 18, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against loanDepot, Inc. (NYSE:LDI). The settlement provides for a fund of $3,500,000 to benefit class members.

Levi & Korsinsky, LLP Notifies Shareholders of loanDepot, Inc. (LDI) an Upcoming Claims Deadline in a Class Action Settlement

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot is proud to announce that 52 of its retail loan originators have been recognized in Scotsman Guide's Top Originators 2024 rankings.

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