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.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect loanDepot's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of loanDepot's position in the market.
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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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8.27%
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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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7.74%
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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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6.07%
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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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-1.94%
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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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0.51%
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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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8.39%
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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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-4.7%
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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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loanDepot, Inc. will release its Q3 2023 financial results on November 7, 2023. A conference call and webcast will be held to discuss the results.
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loanDepot, Inc.
NYSE:LDI
LDI Rankings
LDI Stock Data
400.98M
63.14M
20.68%
30.76%
0.94%
Mortgage Finance
Financial Services
United States of America
IRVINE
About LDI
loandepot is america’s lender offering home purchase and refinance loans, personal loans and home equity products nationwide. the company operates under the brand names of loandepot.com, imortgage, mortgage master and ldwholesale. it is licensed in all 50 states, generates loan production from five online business production centers, employs 5,000+ people including more than 1,500+ licensed loan officers, and operates over 130+ lending stores throughout the nation.it maintains dual corporate headquarters in foothill ranch, ca and plano, tx, with retail, consumer direct, wholesale, affinity and servicing operations across the nation. loandepot is an approved seller and servicer for fannie mae, freddie mac and ginnie mae. loandepot.com, llc, nmls # 174457. learn more at loandepot.com.