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.
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 (NYSE: LDI) has announced inducement equity awards for two newly hired executives. Chief Digital Officer Dominick Marchetti received 2,000,000 performance stock units (PSUs) that will vest based on stock price performance over three years. Chief Innovation Officer Sean DeJulia was granted 750,000 restricted stock units that will vest ratably over three years.
The awards were approved by loanDepot's independent Compensation Committee under NYSE Rule 303A.08 and the Company's 2022 Inducement Plan as material inducements to their employment.
loanDepot (NYSE: LDI) has completed a private offering of secured term notes totaling $150 million through its subsidiary, loanDepot GMSR Master Trust. The notes, secured by portfolio excess spread relating to Ginnie Mae mortgage servicing rights (MSRs), are variable rate based on SOFR plus margin and mature on July 16, 2030.
The proceeds were used to partially pay down a previous variable funding note secured by Ginnie Mae MSRs. Nomura Securities International served as the manager and initial purchaser, marking loanDepot's second successful GMSR offering this year.
loanDepot (NYSE:LDI) has announced key executive promotions aimed at strengthening its leadership team and driving growth. Tom Fiddler has been promoted to the newly created position of President of Retail Lending, taking over responsibilities from departing EVP John Bianchi. Additionally, Dan Peña, previously Executive Vice President of National Joint Ventures, has been elevated to President of Partnership Lending.
These strategic appointments are part of loanDepot's efforts to drive top-line growth, achieve profitability, and regain market share in the lending industry.
loanDepot (NYSE:LDI) reported Q2 2025 financial results, with Founder Anthony Hsieh returning as permanent CEO. The company showed improved performance with revenue increasing 3% to $283 million and expenses decreasing 2% to $315 million compared to Q1 2025. The net loss narrowed to $25 million, down 38% from the previous quarter's $41 million loss.
Key operational metrics included a 30% increase in loan origination volume to $6.7 billion, with purchase loans representing 63% of total originations. The company maintained a strong liquidity position with $409 million in cash, up $37 million from the previous quarter. Pull-through weighted gain on sale margin decreased 25 basis points to 330 basis points.
For Q3 2025, loanDepot projects origination volume between $5.0-7.0 billion and pull-through weighted gain on sale margin of 325-350 basis points.
loanDepot (NYSE: LDI) has strengthened its executive team with the return of two key technology leaders. Dominick Marchetti joins as Chief Digital Officer to lead the company's digital transformation strategy, while Sean DeJulia takes the role of Chief Innovation Officer focusing on loan manufacturing process innovation.
Both executives previously worked with CEO Anthony Hsieh in developing loanDepot's proprietary mello® platform. Their return signals the company's renewed focus on leveraging technology as a competitive advantage and growth driver. CEO Hsieh describes their complementary expertise as a "force multiplier" that will accelerate the company's digital transformation initiatives.
loanDepot (NYSE: LDI) has appointed Company Founder and Chairman Anthony Hsieh as permanent Chief Executive Officer, effective immediately. Hsieh, who has served as Interim CEO since June 4, 2025, founded loanDepot in 2010 and grew it to become the second largest retail lender in the nation with an average growth of 38% year-over-year in its first decade.
Under Hsieh's leadership, the company plans to focus on returning to profitability, gaining market share, and advancing technological capabilities, particularly in artificial intelligence. Hsieh introduced the company's proprietary point of sale software, mello®, in 2017, which remains the platform of choice for originators. As part of his 90-day charter, Hsieh plans to expand the leadership team with top-tier executives to drive the company's innovation agenda and improve performance.
loanDepot (NYSE: LDI), a leading provider of homeownership products and services, has scheduled its second quarter 2025 financial results release for August 7, 2025, after market close.
The company will host a conference call and live webcast at 5:00 p.m. ET featuring management's review of financial results and operational highlights, followed by a Q&A session. Participants can register online to receive dial-in information and a conference ID. The webcast will be available on the company's investor relations website, with a replay accessible after the event.