As Anthony Hsieh returns, loanDepot announces $202M lossloanDepot's revenue increased despite continuing net losses.
Anthony Hsieh returns to loanDepot as Frank Martell departsAnthony Hsieh returns as executive chairman amid CEO transition, aiming to guide loanDepot through current market challenges.
Tammy Richards becomes president of retail at Kind LendingRichards has extensive experience in the mortgage industry but faces ongoing legal challenges after her controversial exit from loanDepot.
loanDepot hires Nancy Smith to oversee Colorado, Wyoming marketsloanDepot appointed Nancy Smith to lead its Colorado and Wyoming branches to drive sales in fast-growing markets.
As Anthony Hsieh returns, loanDepot announces $202M lossloanDepot's revenue increased despite continuing net losses.
Anthony Hsieh returns to loanDepot as Frank Martell departsAnthony Hsieh returns as executive chairman amid CEO transition, aiming to guide loanDepot through current market challenges.
Tammy Richards becomes president of retail at Kind LendingRichards has extensive experience in the mortgage industry but faces ongoing legal challenges after her controversial exit from loanDepot.
loanDepot hires Nancy Smith to oversee Colorado, Wyoming marketsloanDepot appointed Nancy Smith to lead its Colorado and Wyoming branches to drive sales in fast-growing markets.
loanDepot promotes former MLB star to regional vice presidentBart Evans has been promoted to regional vice president at loanDepot, emphasizing community-focused lending in growing markets like Alabama, Arkansas, and Tennessee.
loanDepot returns to profitability, announces new strategic planloanDepot achieved profitability in Q3 2024 after 11 quarters of losses, driven by cost reductions and increased refinancing activity.
loanDepot CEO Frank Martell explores Project North Star in detailloanDepot achieved profitability in Q3 2024 through improved market volume, efficiency, and a focus on customer value.
loanDepot returns to profitability, announces new strategic planloanDepot achieved profitability in Q3 2024 after 11 quarters of losses, driven by cost reductions and increased refinancing activity.
loanDepot CEO Frank Martell explores Project North Star in detailloanDepot achieved profitability in Q3 2024 through improved market volume, efficiency, and a focus on customer value.
loanDepot closes $300M warehouse securitizationloanDepot successfully raised $300 million through notes backed by mortgages, enhancing its financial strategy.
loanDepot promotes Viviana Abarca to lead mortgage lending operationsViviana Abarca promoted to managing director at loanDepot.
loanDepot hires military advocate Bryan BergjansloanDepot aims to enhance its VA lending capabilities with the hiring of military advocate Bryan Bergjans.
loanDepot promotes Viviana Abarca to lead mortgage lending operationsViviana Abarca promoted to managing director at loanDepot.
loanDepot hires military advocate Bryan BergjansloanDepot aims to enhance its VA lending capabilities with the hiring of military advocate Bryan Bergjans.
Impacted by a cyberattack, loanDepot delivers a Q1 loss of $38MloanDepot faced financial losses in Q1 2024 due to a cyberattack impacting operations, with a non-GAAP net loss of $38 million.
loanDepot sells MSRs, improves margins in Q2loanDepot reduced financial loss in Q2 2024 while dealing with cyberattack impacts.
Impacted by a cyberattack, loanDepot delivers a Q1 loss of $38MloanDepot faced financial losses in Q1 2024 due to a cyberattack impacting operations, with a non-GAAP net loss of $38 million.
loanDepot sells MSRs, improves margins in Q2loanDepot reduced financial loss in Q2 2024 while dealing with cyberattack impacts.
Under stress, loanDepot buys time' with plan to extend $500M debtloanDepot is offering a mixed consideration of cash and new notes for old notes, reflecting financial stress.The debt extension is seen as credit positive, providing loanDepot two more years to navigate market challenges.