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.
Track official announcements and financial developments from loanDepot Inc (LDI), a leading nonbank lender in mortgage and consumer finance. This centralized hub provides investors and stakeholders with verified updates on corporate milestones, regulatory compliance, and market strategies.
Find timely coverage of quarterly earnings, strategic partnerships, and technology initiatives shaping the company's position in residential lending. The curated feed includes press releases on product launches, leadership updates, and operational expansions across retail and digital channels.
Bookmark this page for direct access to loanDepot's latest communications, including insights into home equity solutions and evolving industry regulations. Stay informed about critical developments affecting one of America's largest nonbank mortgage providers.
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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, 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, 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, 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, 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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loanDepot, Inc. (NYSE: LDI) Chief Information Officer George Brady has received HousingWire’s 2023 'Tech Trendsetters' award for his impactful and innovative leadership in the housing economy. The company's focus on customer service and leading-edge technology platforms has driven increasing value to customers. Brady and his team are key enablers of loanDepot’s Vision 2025 plan, which includes critical technology accomplishments such as the launch of a national digital HELOC offering and an upgrade of the company’s direct lending customer acquisition platform.
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loanDepot, Inc. (NYSE: LDI) joins EXIT Realty Corp. International’s strategic partner network, providing EXIT associates with access to a wide mortgage product mix and exceptional service. The partnership aims to support customers' homeownership goals amidst challenges in the housing market. loanDepot's extensive product portfolio includes affordable housing and downpayment assistance programs, catering to the needs of aspiring and repeat homebuyers.
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loanDepot, Inc. (NYSE: LDI) narrows net loss for third consecutive quarter, expands productivity program, and maintains strong liquidity position. Quarterly net loss narrowed by $15 million or 31% to $34 million from the second quarter of 2023. Revenue decreased 2% to $266 million from second quarter 2023.
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loanDepot, Inc. has promoted VA lending expert David Smith to the newly-created role of Vice President of National VA Lending. Smith will drive the company's national VA lending strategy and lead loanDepot's VA Council. He will also continue to advance the company's outreach to the military community and industry professionals to help them better understand and utilize VA mortgage products.
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loanDepot, Inc. has launched the accessZERO program to make homeownership more accessible for aspiring homebuyers. The program offers up to five percent in downpayment assistance for FHA purchase mortgages. It is available nationwide and open to first-time and repeat homebuyers who meet credit score and debt-to-income ratio requirements.
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