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.

FOOTHILL RANCH, Calif., Jan. 21, 2022 /PRNewswire/ -- loanDepot, Inc. (NYSE: LDI), (together with its subsidiaries, "loanDepot" or the "Company"), the innovative consumer lending and real estate services provider that is using its proprietary mello® technology to deliver best-in-class experiences to its customers, today announced that Elijah Pallante has been promoted to Chief Data Officer.

loanDepot names Elijah Pallante as Chief Data Officer

FOOTHILL RANCH, Calif., Jan. 13, 2022 /PRNewswire/ -- loanDepot, Inc. (NYSE: LDI) (together with its subsidiaries, "loanDepot" or the "Company"), the nonbank lending innovator that is using its proprietary mello® technology to transform the mortgage industry, today announced that the Company will release its year-end and fourth quarter 2021 financial results on February 1, 2022 before market open.

loanDepot, Inc. to report year-end and fourth quarter 2021 financial results on February 1, 2022

FOOTHILL RANCH, Calif., Jan. 11, 2022 /PRNewswire/ -- Soon after launching "Closing Connection" in its mello®Broker Portal, loanDepot Wholesale, a top five wholesale lender, will introduce new upgrades to further streamline the closing process for brokers and settlement agents through its user-friendly, proprietary technology.

loanDepot Wholesale adds new functionality to mello®Broker Portal

FOOTHILL RANCH, Calif., Jan. 3, 2022 /PRNewswire/ -- Continuing the momentum of its growing servicing portfolio, loanDepot, the nation's second largest nonbank retail lender, is bringing the servicing of FHA, VA and USDA funded Ginnie Mae loans in-house.

loanDepot brings servicing for Ginnie Mae loans in-house

FOOTHILL RANCH, Calif., Dec. 23, 2021 /PRNewswire/ -- Celebrating the season, loanDepot, the nation's second largest nonbank retail lender, helped Boys & Girls Clubs of Central Orange Coast bring the magic of the holidays to life for more than 1,000 kids as title sponsor of the Clubs' marquee "Winter Wonderland" event.

loanDepot helps Boys & Girls Clubs of Central Orange Coast create holiday magic as title sponsor of Winter Wonderland event

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FOOTHILL RANCH, Calif., Dec. 13, 2021 /PRNewswire/ -- loanDepot.com, LLC, a subsidiary of loanDepot, Inc. (NYSE: "LDI"), the nonbank lending innovator that uses its proprietary mello® technology to transform the mortgage industry, today announced that Bill Wied has joined the company as senior vice president and chief technology officer.

Bill Wied joins loanDepot as senior vice president and chief technology officer

FOOTHILL RANCH, Calif., Dec. 7, 2021 /PRNewswire/ -- Having recently launched the industry-disrupting "Grand Slam" unique buying experience in August 2021 with sister company mellohome, loanDepot, the nation's second largest nonbank retail lender has seen more than 1,400 accepted customer offers through the program, representing more than $500 million in purchase and sale volume.

loanDepot and mellohome's "Grand Slam" unique buying experience builds marketplace momentum

FOOTHILL RANCH, Calif., Dec. 6, 2021 /PRNewswire/ -- As part of its Week of Giving campaign, loanDepot will donate $50,000 to Free Wheelchair Mission.

loanDepot concludes week of giving with $50,000 donation to Free Wheelchair Mission

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CEOs Buy Their Own Shares at LoanDepot and Uber

NEW YORK--(BUSINESS WIRE)-- #LDI--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against loanDepot (NYSE: LDI) on behalf of long-term stockholders following a class action complaint that was filed against loanDepot on September 3, 2021. Our investigation concerns whether the board of directors of loanDepot have breached their fiduciary duties to the company. According to the complaint, loanDepot violated the Securities Act of 193

LOANDEPOT ALERT: Bragar Eagel & Squire, P.C. is Investigating loanDepot on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

FOOTHILL RANCH, Calif., Dec. 3, 2021 /PRNewswire/ -- In the spirit of the season, and in celebration of its continued partnership, loanDepot, the nation's second largest nonbank retail lender, will donate $50,000 to support United Cerebral Palsy of Orange County (UCP-OC).

loanDepot celebrates week of giving with $50,000 donation to United Cerebral Palsy of Orange County

FOOTHILL RANCH, Calif., Dec. 1, 2021 /PRNewswire/ -- loanDepot, Inc. (NYSE: LDI) today announced the closing of Mello Mortgage Capital Acceptance 2021-INV4, a $371 million securitization of agency-eligible mortgages secured by residential investment properties, originated through its retail and partner channels.

loanDepot announces closing of $371 million securitization of agency-eligible residential investment property mortgages

FOOTHILL RANCH, Calif., Dec. 1, 2021 /PRNewswire/ -- Continuing its week of giving, loanDepot, the nation's second largest nonbank retail lender, will donate $50,000 to Boys & Girls Clubs of Central Orange Coast (California).

loanDepot donates $50,000 to Boys & Girls Clubs of Central Orange Coast and will be title sponsor of Winter Wonderland event

FOOTHILL RANCH, Calif., Nov. 30, 2021 /PRNewswire/ -- This holiday season, loanDepot, the nation's second largest nonbank retail lender, will donate $50,000 to support Second Harvest Food Bank of Orange County.

loanDepot kicks-off week of giving with $50,000 donation to Second Harvest Food Bank of Orange County

FOOTHILL RANCH, Calif., Nov. 29, 2021 /PRNewswire/ -- With the holidays in full swing, loanDepot, the nation's second largest nonbank retail lender, will donate $250,000 across five partner non-profit organizations serving individuals and families in need this season.

loanDepot donates $250,000 across five organizations supporting those in need this holiday season

NEWPORT BEACH, Calif., Nov. 23, 2021 /PRNewswire/ -- Fresh off the epic success of its 2021 tournament, which hosted nearly 100 veterans and featured 38 of Southern California's finest sportfishing yachts, the War Heroes on Water tournament team today announced its 2022 dates—with the landmark tournament to be held September 23 - 27 off the waters of Santa Catalina Island.

War Heroes on Water Announces Dates for Fifth Annual Sportfishing Tournament

FOOTHILL RANCH, Calif., Nov. 19, 2021 /PRNewswire/ -- As part of its customer-forward ethos and commitment to using digital tools to deliver best-in-class service, loanDepot, the nation's second largest nonbank retail lender, recently introduced a number of new functions and features to its home loan servicing portal, enabling customers to more efficiently and easily make payments and access important information about their accounts.

loanDepot Upgrades Loan Servicing Portal to Enhance Best-In-Class Customer Experience

FOOTHILL RANCH, Calif., Nov. 17, 2021 /PRNewswire/ -- With the continued growth of its loan servicing portfolio, an effort to recruit the industry's top talent is underway at loanDepot, the nation's second largest nonbank retail lender.

loanDepot Ramps Up Recruiting Efforts for Growing Servicing Portfolio

FOOTHILL RANCH, Calif., Nov. 15, 2021 /PRNewswire/ -- Enabling brokers to close loans faster and more efficiently, loanDepot Wholesale, a top five wholesale lender, has launched the newest iteration of its mello broker portal.

loanDepot Wholesale Enhances mello Broker Portal, Streamlining Closing Process for Partners

FOOTHILL RANCH, Calif., Nov. 12, 2021 /PRNewswire/ -- Marking yesterday's Veterans Day holiday, loanDepot, the nation's second largest nonbank retail lender, donated $25,000 to Freedom Alliance in memory of Josh Miles, a Marine and beloved member of the WHOW family, to honor all of the heroes who have served our country.

loanDepot Builds on Commitment to Veterans with Donation to Freedom Alliance

FOOTHILL RANCH, Calif., Nov. 11, 2021 /PRNewswire/ -- War Heroes on Water, created in 2018 by loanDepot Founder and CEO Anthony Hsieh to help combat-wounded veterans recover from the physical, emotional and moral wounds of the battlefield, today introduced the Josh Miles Award to honor the legacy of a beloved collaborator and colleague who passed away on October 18, 2021.

War Heroes on Water Sportfishing Tournament Creates "Josh Miles Award" Honoring Beloved WHOW Collaborator

NEW YORK, Nov. 11, 2021 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP  reminds investors that a federal securities class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of persons and entities that purchased or otherwise acquired loanDepot, Inc. ("loanDepot" or the "Company") (NYSE: LDI) shares pursuant and/or traceable to the registration statement and prospectus (collectively, the "Registration Statement") issued in connection with loanDepot's February 16, 2021 initial public offering ("IPO"). All investors who purchased loanDepot, Inc.

loanDepot, Inc. CLASS ACTION Alert: Wolf Haldenstein Adler Freeman & Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the Central District of California against loanDepot, Inc.

NEW YORK, Nov. 8, 2021 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of loanDepot, Inc. (NYSE: LDI) pursuant and/or traceable to the registration statement and related prospectus (collectively, the "Registration Statement") issued in connection with loanDepot's February 16, 2021 initial public offering (the "IPO") of the important November 8, 2021 lead plaintiff deadline. SO WHAT: If you purchased loanDepot securities pursuant and/or traceable to the IPO you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

LDI FINAL DEADLINE TODAY: ROSEN, A LEADING LAW FIRM, Encourages loanDepot, Inc. Investors to Secure Counsel Before Important November 8 Deadline in Securities Class Action - LDI

Los Angeles, California--(Newsfile Corp. - November 8, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against loanDepot, Inc. ("loanDepot" or "the Company") (NYSE: LDI) for violations of the federal securities laws.Investors who purchased the Company's shares pursuant and/or traceable to the Company's initial public offering conducted on February 16, 2021 (the "IPO"), are encouraged to contact the firm before November 8, 2021. ...

FINAL DEADLINE NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against loanDepot, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

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