LoanDepot (LDI) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -250%. A quarter ago, it was expected that this lender would post a loss of $0.06 per share when it actually produced a loss of $0.16, delivering a surprise of -166.67%.Over the last four quarters, the company has not been able t ...

loanDepot announces first quarter 2024 financial results Positive revenue and cost momentum partially offset by the impact of January cyber incident. Year-over year highlights: • Revenue increased $15 million or 7% to $223 million primarily driven by higher servicing income and pull through weighted gain on sale margin, partially offset by revenue loss due to the cyber incident. • Expenses decreased $7 million or 2% to $308 million primarily from lower personnel and marketing costs. Company incurred $15 mil ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____to _____ Commission File Number: 001-40003 loanDepot, Inc. (Exact Name of Registrant as Specified in Its Charter) | Delaware | | 85-3948939 | | --- | --- | -- ...

loanDepot originator Toy Eng earned the top spot on the State of New York Mortgage Agency’s (SONYMA) 2023 Hall of Fame list recognizing loan officers who support the agency’s mission to serve first-time homebuyers. (Photo: Business Wire)loanDepot originator Toy Eng earned the top spot on the State of New York Mortgage Agency’s (SONYMA) 2023 Hall of Fame list recognizing loan officers who support the agency’s mission to serve first-time homebuyers. (Photo: Business Wire)IRVINE, Calif.--(BUSINESS WIRE)--loanD ...

loanDepot, Inc. (NYSE:LDI) Q4 2023 Earnings Conference Call March 12, 2024 5:00 PM ET Company Participants Gerhard Erdelj - Senior Vice President, Investor Relations Frank Martell - President & Chief Executive Officer Dave Hayes - Chief Financial Officer Jeff Walsh - LDI Mortgage President Conference Call Participants Doug Harter - UBS Kyle Joseph - Jefferies Operator Good afternoon, and welcome to loanDepot's Fourth Quarter and Year End 2023 Earnings Call. After the speakerÂ's remarks, we will have a quest ...

LoanDepot is investing in technology as it prepares for a rebound in industrywide mortgage origination volumes.While the provider of home lending solutions reduced its expenses by 36% in 2023, right-sizing itself for today’s lower market volumes, it also invested in platforms and systems to boost productivity, loanDepot President and CEO Frank Martell said Tuesday (March 12) during the company’s quarterly earnings call.“Looking ahead, we expect higher levels of automation and the benefit of productivity pro ...

• Maintaining strong balance sheet liquidity (1) CAGR includes annualized volume for 2010 Source: Historical market share based on MBA industry volume as of 2/20/2024 and historical loanDepot origination volume ORIGINATION GROWTH RELATIVE TO INDUSTRY ($ in billions) Total Market Share (%) 2.8% 3.4% $36 $37 $33 $41 $30 $34 $30 $32 $23 $29 $20 $22 $12 $16 $9 $10 $4 $6 $5 $5 $6 $6 $6 $6 $4 $5 346 369 264 299 281 213 150 203 221 226 285 293 296 50 100 150 200 250 300 350 400 $10 $20 $30 $40 $50 $60 $70 $80 - $0 ...

For the quarter ended December 2023, loanDepot (LDI) reported revenue of $228.63 million, up 34.8% over the same period last year. EPS came in at -$0.16, compared to -$0.46 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $239.4 million, representing a surprise of -4.50%. The company delivered an EPS surprise of -166.67%, with the consensus EPS estimate being -$0.06.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

LoanDepot (LDI) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -166.67%. A quarter ago, it was expected that this lender would post a loss of $0.08 per share when it actually produced a loss of $0.15, delivering a surprise of -87.50%.Over the last four quarters, the company has not been able ...

IRVINE, Calif.--(BUSINESS WIRE)--loanDepot, Inc. ("LDI" or "Company") (NYSE: LDI), a leading provider of home lending solutions that enables customers to achieve the dream of homeownership, announced that Chief Marketing Officer Alec Hanson was named a 2024 Inman Marketing All-Star. The award celebrates “the most effective, creative and boundary-pushing marketers that drive success and impact,” according to Inman. “Since taking the reigns as CMO last year, Alec and his team have created a real competitiv ...