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loanDepot, Inc. - LDI STOCK NEWS

Welcome to our dedicated page for loanDepot news (Ticker: LDI), a resource for investors and traders seeking the latest updates and insights on loanDepot stock.

loanDepot, Inc. (NYSE: LDI) is a leading nonbank consumer lender in the United States, specializing in home purchase and refinance loans, personal loans, and home equity products. With a robust presence nationwide, loanDepot operates under various brand names, including loanDepot.com, imortgage, Mortgage Master, and LDWholesale.

Founded with the mission to simplify the loan process, loanDepot leverages advanced technology to serve customers through multiple distribution channels. These include five online business production centers, over 130 lending stores, and a workforce of more than 5,000 employees, including over 1,500 licensed loan officers. The company is licensed in all 50 states and maintains dual corporate headquarters in Foothill Ranch, CA, and Plano, TX.

loanDepot's diverse operations include retail, consumer direct, wholesale, affinity, and servicing divisions. The company is an approved seller and servicer for major government-sponsored enterprises like Fannie Mae, Freddie Mac, and Ginnie Mae, ensuring a broad range of mortgage products for its clients.

In recent years, loanDepot has made significant strides in the industry, driven by its innovative approach and customer-centric services. The company's comprehensive product portfolio and extensive reach enable it to compete effectively with traditional banks and other financial institutions. Whether it's a first-time homebuyer looking for a mortgage or a homeowner seeking to refinance, loanDepot provides tailored lending solutions to meet diverse needs.

For more information about loanDepot and its offerings, visit loandepot.com.

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loanDepot's Jennifer Edwards has been named to HousingWire's 2024 Class of Rising Stars. Jennifer Edwards, Senior Vice President of Accounting Systems at loanDepot, Inc. (NYSE: LDI), has received the Rising Star award for her leadership and innovation in the mortgage, real estate, and fintech industries. This accolade recognizes individuals under 40 years old who inspire others within their organizations and communities.

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loanDepot, Inc. has appointed Jeff Wilkish as the Regional Vice President for New England, emphasizing the company's commitment to attracting top talent to drive growth and leadership in the region.
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loanDepot, Inc. (LDI) will report its first quarter 2024 financial results on May 7, 2024. The company aims to make homeownership more accessible to all. The conference call and webcast will offer a review of the results and a Q&A session for investors and stakeholders.
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loanDepot's new AccessONE+ program offers up to $9,000 in down payment assistance to first-time homebuyers in 21 underserved communities, aiming to make homeownership more accessible. The program requires only one percent down and is available for homebuyers with non-traditional credit histories, helping unlock access to sustainable homeownership.
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loanDepot, Inc. (LDI) announces that 52 of its retail loan originators have been recognized in Scotsman Guide’s Top Originators 2024 rankings, with Baret Kechian ranking No. 8 in Top Dollar Volume and No. 11 in Most Loans Closed. The company's dedication to helping families achieve homeownership is highlighted through their team's expertise and commitment to excellence.
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loanDepot, Inc. team members to engage in volunteer activities in Southern California for Fair Housing Month. loanDepot is a presenting sponsor of Habitat for Humanity's Home is the Key campaign, promoting equitable homeownership and inclusive communities.
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loanDepot launches 'Ballpark Bingo: A Celebration of Firsts' campaign for the 2024 MLB season, offering fans a chance to win VIP experiences at MLB All-Star Week and ALCS or NLCS games. The campaign celebrates 'firsts' in baseball and homeownership, highlighting loanDepot's partnership with MLB.
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loanDepot's loan originator Toy Eng earns top spot on SONYMA's 2023 Hall of Fame list for supporting first-time homebuyers, showcasing commitment to diverse communities and sustainable homeownership.
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loanDepot, Inc. (LDI) reports a 61% reduction in annual net loss for 2023, despite a 22% revenue decline. The company exits 2023 with a strong liquidity position. Fourth quarter 2023 shows a 35% year-over-year revenue increase, driven by servicing income and gain on sale margin. The company launched a cost reduction program for productivity improvements targeting $120 million for 2024.
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loanDepot's Chief Marketing Officer, Alec Hanson, has been recognized as a 2024 Inman Marketing All-Star for his innovative and impactful marketing strategies. Hanson's leadership has strengthened loanDepot's position in the home lending market and supported the company's Vision 2025 strategy.
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FAQ

What is the current stock price of loanDepot (LDI)?

The current stock price of loanDepot (LDI) is $2.27 as of November 20, 2024.

What is the market cap of loanDepot (LDI)?

The market cap of loanDepot (LDI) is approximately 424.1M.

What services does loanDepot, Inc. provide?

loanDepot, Inc. offers home purchase and refinance loans, personal loans, and home equity products.

Where is loanDepot, Inc. headquartered?

loanDepot, Inc. has dual corporate headquarters in Foothill Ranch, CA, and Plano, TX.

Is loanDepot, Inc. licensed nationwide?

Yes, loanDepot, Inc. is licensed to operate in all 50 states.

What are some of the brand names loanDepot operates under?

loanDepot operates under the brand names of loanDepot.com, imortgage, Mortgage Master, and LDWholesale.

How many employees does loanDepot have?

loanDepot employs over 5,000 people, including more than 1,500 licensed loan officers.

What types of loans does loanDepot offer?

loanDepot offers personal loans, residential home loans, home refinancing, mortgage loans, and home equity loans.

Who are loanDepot’s competitors?

loanDepot competes with commercial banks and other financial institutions.

How does loanDepot serve its customers?

loanDepot serves customers through online business production centers, retail branches, wholesale centers, and consumer finance and servicing centers.

Is loanDepot an approved seller and servicer for government-sponsored enterprises?

Yes, loanDepot is an approved seller and servicer for Fannie Mae, Freddie Mac, and Ginnie Mae.

How can I learn more about loanDepot?

You can learn more about loanDepot by visiting their website at https://www.loandepot.com/.

loanDepot, Inc.

NYSE:LDI

LDI Rankings

LDI Stock Data

424.05M
71.75M
21.51%
32.19%
1.22%
Mortgage Finance
Finance Services
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United States of America
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