In Q1 2025, loanDepot reported an origination volume of $5.2 billion, representing a 14% increase year-over-year. While the share of purchase loans decreased from 72% to 59%, the company's refinance consumer-direct recapture rate improved to 65%. The quarter also marked the return of founder Anthony Hsieh, who will become the interim CEO following Frank Martell's transition to a board advisory role. Martell emphasized the importance of recent investments in systems and processes that position loanDepot well for future opportunities. Hsieh expressed confidence in leveraging the company's strengths for market share growth.
loanDepot's Q1 2025 origination volume reached $5.2 billion, up 14% year-on-year, driven by a strong refinance recapture rate of 65%.
With Anthony Hsieh's return as interim CEO, loanDepot aims to leverage its multichannel sales model and mello tech stack for future growth.
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