California-based lender loanDepot was in the red again in the first quarter of 2023.However, margins and revenues improved in the period, according to documents filed with the Securities and Exchange Commission on Tuesday.The lender recorded a loss of $60.2 million in non-GAAP adjusted net income from January to March, compared to a negative $110.7 million in the previous quarter.
#participants #improvements #availability #fourth-quarter #initiatives #housing-market #affordability #financial-results
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