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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.

News

loanDepot and Miami Marlins Foundation Continue Support for Boys & Girls Clubs of Miami-Dade Through "Runs Scored" Program

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loanDepot, Inc. pledges $50 for every run scored by the Miami Marlins at loanDepot park in 2024, supporting the Boys & Girls Clubs of Miami-Dade. The company's commitment to the community extends through various programs, including Marlins Salute and Serve Days.
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loanDepot, Inc. to Report Fourth Quarter and Year-End 2023 Financial Results on March 12, 2024

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loanDepot, Inc. (NYSE: LDI) will release its Q4 and year-end 2023 financial results on March 12, 2023. A conference call and webcast will follow to discuss the results.
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loanDepot Finance Leaders Inspire Young Women From Anaheim High Schools, Helping Pave STEM Career Paths

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loanDepot, Inc. female finance leaders mentor high school students through the American Heart Association's STEM Goes Red initiative. The initiative aims to inspire young women to pursue STEM careers by providing mentorship and career insights.
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loanDepot earns HousingWire’s 2024 Tech100 Mortgage award

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loanDepot, Inc. (LDI) has been recognized with HousingWire’s 2024 'Tech 100 Mortgage' award for its industry-leading proprietary mello platform, showcasing continued innovation and impact in the housing industry. The company's Vision 2025 strategy, including the fully automated melloNow underwriting engine and national digital HELOC offering, demonstrates a commitment to modernizing mortgage lending and setting innovation standards. loanDepot's focus on technology-driven solutions aims to improve the loan origination process and enhance the overall customer experience.
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loanDepot’s Dan Hanson inducted to California Homebuilding Foundation’s Hall of Fame

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loanDepot, Inc. announces Executive Director Dan Hanson's induction to the California Homebuilding Foundation’s Hall of Fame. Hanson is the first mortgage banker to receive this prestigious honor, recognizing his 40-year career supporting California’s homebuyers and housing industry. He will be inducted at the 39th annual Hall of Fame Gala on June 18, 2024.
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loanDepot President and CEO Frank Martell recognized among Inman’s 2024 “Power Players” for second consecutive year

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loanDepot, Inc. President and CEO Frank Martell has been recognized on Inman's 2024 'Power Players' list, showcasing influential leaders in the real estate, mortgage, finance, and proptech industries. Martell's recognition highlights loanDepot's commitment to helping families achieve homeownership and its focus on customer impact. This is the second consecutive year Martell has been recognized, demonstrating his consistent leadership in the industry.
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loanDepot Provides Update on Cyber Incident

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loanDepot, Inc. (LDI) provided an update on a cyber incident, revealing that approximately 16.6 million individuals' sensitive personal information was accessed by an unauthorized third party. The company is working with forensics and security experts to restore normal operations and is offering credit monitoring and identity protection services to the affected individuals. CEO Frank Martell expressed regret over the impact on customers and emphasized the team's efforts to support customers, partners, and each other. President Jeff Walsh highlighted the company's commitment to enabling customers to achieve their financial goals and dreams of homeownership. The company will provide operational updates on its microsite at loandepot.cyberincidentupdate.com.
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loanDepot’s mellohome Launches Partnerships for Solar Installation, Home Improvement and Maintenance Services

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loanDepot, Inc. (NYSE: LDI) announced its mellohome real estate affiliate's new partnerships with top providers in the solar, home improvement, and home maintenance spaces as part of the Key Vision 2025 initiative. The partnerships aim to enhance and optimize customers' homeownership journeys by offering valuable tools for maintaining or upgrading their homes, supporting loanDepot's purchase mortgage, refinance, and home equity customers. The partnerships also expand mellohome's ability to support customers throughout their entire homeownership journey.
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loanDepot featured in Orange County Business Journal’s fourth annual report on “Companies That Care”

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loanDepot, Inc. (LDI) has been recognized in Orange County Business Journal’s 'Companies That Care' report, highlighting the company's commitment to strengthening the Orange County community. loanDepot's culture of volunteerism and community support earned it a place on the list for its ongoing support of non-profit organizations in Orange County.
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loanDepot Introduces New Digital Underwriting Engine That Delivers Conditional Loan Approval in Minutes

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loanDepot, Inc. (NYSE: LDI) unveils melloNow, a fully automated underwriting engine that provides a fully conditional loan approval in minutes, improving the customer and loan origination experience. The system utilizes dynamic logic to reduce cycle times, drive down costs, and deliver a significantly faster evaluation and underwriting process. melloNow enhances the overall loan quality, eliminates surprises, and provides a fast and seamless digital experience for consumers, marking an important milestone in loanDepot's digital-first approach to home lending solutions.
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FAQ

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

The current stock price of loanDepot (LDI) is $2.34 as of November 22, 2024.

What is the market cap of loanDepot (LDI)?

The market cap of loanDepot (LDI) is approximately 461.4M.

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/.

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loanDepot, Inc.

NYSE:LDI

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71.75M
21.51%
32.19%
1.22%
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