loanDepot, Inc. reports developments tied to its national mortgage lending and homeownership services business. The company originates residential mortgage, refinance and home equity loans through consumer direct, retail, joint venture, servicing and wholesale channels, and it is licensed across all 50 states.
Recurring news covers quarterly results, origination volume, market share, revenue, gain-on-sale margins, servicing income and operating leverage. Company updates also address digital lending initiatives, automation across the origination and servicing lifecycle, channel expansion, builder and technology partnerships, and efforts to broaden customer acquisition and retention within the mortgage market.
loanDepot (LDI) expanded eligibility for its digital home equity line of credit, now available to qualified homeowners in 47 states. The product, called 5x5 HomeLoan, lets borrowers access home equity without replacing their existing mortgage. Customers with credit scores of 600 and above may qualify for credit lines from $25,000 to $750,000. Qualified borrowers may access equity up to a combined 90% of their home's value, including their existing mortgage balance.
Approval can take as little as five minutes, with funding in as few as five days, subject to required verifications. Digital verification and automated property valuations may reduce or eliminate in-person appraisals, depending on borrower and property qualifications. loanDepot plans to expand availability to all 50 states.
loanDepot (NYSE: LDI) is expanding Novaprime’s Foundation platform across its post-closing operations after a pilot focused on Government Insuring.
The pilot began earlier this year and automated over 80% of tasks, allowing insurers to complete more loans each day. The rollout now covers CD Reconciliation, Defect Remediation and Loan Delivery—work performed after mortgages close. loanDepot expects the expansion to reduce cost per loan and increase capacity. Foundation works alongside existing lender systems and is paired with Novaprime’s Loan Intelligence to measure loan quality and workflow output.
loanDepot (LDI) announced a marketing services agreement with HomeSmart, described as the country’s largest 100% commission brokerage, to expand lending options for HomeSmart’s clients.
The arrangement connects loanDepot’s mortgage products with HomeSmart’s nationwide network of over 25,000 real estate agents, aiming to create a more seamless borrowing experience for homebuyers and agents. loanDepot highlights third-party recognition in 2026 from outlets including Bankrate, USA TODAY, NerdWallet and Forbes Advisor for categories such as refinance, FHA, VA, home equity and lending to lower credit score borrowers. More information for HomeSmart agents and clients is available at loanDepot’s dedicated webpage for this relationship.
loanDepot (LDI) was named a top U.S. mortgage and home equity lender in 2026 by several independent financial and consumer media outlets. The company, a national mortgage and home equity lender with $592 billion funded directly to consumers, received multiple rankings highlighting its performance in areas important to borrowers.
loanDepot was recognized by Forbes Advisor and MarketWatch for mortgage lending, and by Forbes Advisor as Best Overall Lender in its Best HELOC Lenders of 2026 list. Yahoo! Finance named it Best for Closing Speed, LendingTree ranked it among its top 10 home lenders for customer satisfaction in Q2 2026, Newsweek listed it among America’s Best Online Platforms 2026, and CNBC included it in its World’s Top Fintech Companies 2026 in the Alternative Financing category.
loanDepot (NYSE: LDI) disclosed that on August 21, 2026 it received a NYSE deficiency letter because the average closing price of its Class A common stock was below $1.00 over a consecutive 30‑trading‑day period as of August 20, 2026.
The notice does not immediately affect trading of the shares, loanDepot’s business operations, or its SEC reporting. The company plans to notify the NYSE within ten business days of its intent to cure and has a six‑month cure period. loanDepot is evaluating options, including a potential reverse stock split subject to stockholder approval by its next annual meeting, anticipated for early June 2027. According to loanDepot, last‑quarter unit volume grew 25%, revenue 18%, and purchase market share 33%, alongside expansion into home equity lending and re‑entry into the wholesale market.
loanDepot (NYSE: LDI) reported second quarter 2026 loan origination volume of $7.99 billion, up 4% quarter over quarter, with unit volume up 25%, reflecting its strategic expansion into home equity lending. Total revenue rose 18% to $337.3 million, while adjusted revenue increased 3% to $307.6 million.
Pull-through weighted gain on sale margin expanded 74 basis points to 3.45%, aided by a mix shift toward higher-margin home equity and government loans. Total expenses increased less than 1% to $343.9 million, improving operating leverage. Net loss narrowed to $6.6 million from $54.9 million in the prior quarter; adjusted net loss was $29.2 million versus $33.6 million, and adjusted EBITDA improved to $20.5 million from $14.3 million.
The company repurchased $16 million of senior notes at 90% of par during the quarter and an additional $27 million at 86% of par after quarter end. loanDepot ended the period with a $123.4 billion servicing portfolio (UPB), up 2.2% sequentially and 5.0% year over year, and guided third quarter 2026 origination volume to $6.25–$8.25 billion with pull-through weighted gain on sale margin of 3.60–3.90%.
loanDepot (NYSE: LDI) announced plans to open a new corporate center in Miami, creating a strategic East Coast hub to support its growth strategy and expand its national footprint. The move is positioned as an investment in the company’s people, platform, and next phase of growth.
The Miami center is scheduled to open in September 2026 and will initially house about 120 employees, with capacity for future expansion. It will host technology, marketing, recruiting, corporate support, and mortgage fulfillment roles across direct lending, retail, and partnership lending channels, complementing existing corporate centers in California, Michigan, Texas, and Arizona.
loanDepot (NYSE: LDI) announced it will release its second quarter 2026 financial results on August 4, 2026, after market close. Management will host a conference call and live webcast at 5:00 p.m. ET to review results, operating highlights and hold a Q&A session.
loanDepot (NYSE:LDI), the Miami Marlins’ Official Mortgage Provider, is using its naming-rights partnership at loanDepot park to host South Florida community groups throughout the 2026 season.
The company has welcomed hundreds of guests from nearly 20 organizations and funds youth sports and military appreciation initiatives.
loanDepot (NYSE: LDI) promoted Chief Risk Officer Joseph Grassi to Chief Legal and Risk Officer, consolidating oversight of legal, compliance, corporate governance, loan quality and enterprise risk management. Grassi, with 35+ years in consumer lending law and mortgage regulation, reports to founder and CEO Anthony Hsieh.
According to loanDepot, his tenure has included strengthened risk and regulatory compliance, deeper relationships with Fannie Mae and Freddie Mac, and increased engagement with policymakers and regulators in Washington, D.C.