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loanDepot and Miami Marlins Foundation Continue Support for Boys & Girls Clubs of Miami-Dade Through "Runs Scored" Program
Businesswire· 2024-03-11 19:15
MIAMI--(BUSINESS WIRE)--loanDepot, Inc. ("LDI" or "Company") (NYSE: LDI), the Official Naming Rights partner of the home of the Miami Marlins and the Official Mortgage Provider of the team, has announced the return of its “Runs Scored” program with the Miami Marlins Foundation. For the fourth consecutive year, the organizations are pledging $50 to Boys & Girls Clubs of Miami-Dade for every Marlins run scored at loanDepot park. Runs Scored supports the Marlins Nike Jr. RBI little league program, an invita ...
loanDepot(LDI) - 2023 Q4 - Annual Results
2024-03-11 16:00
loanDepot announces fourth quarter and year-end 2023 financial results Vision 2025 productivity improvements more than offset market-driven revenue decline, resulting in 61% reduction in annual net loss. Company exits 2023 with strong liquidity position. Full-year 2023 highlights: Fourth quarter 2023 highlights: IRVINE, Calif., March 12, 2023 - loanDepot, Inc. (NYSE: LDI), (together with its subsidiaries, "loanDepot" or the "Company"), a leading provider of lending solutions that make the American dream of ...
Seeking Clues to loanDepot (LDI) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Zacks Investment Research· 2024-03-07 15:16
Wall Street analysts forecast that loanDepot (LDI) will report quarterly loss of $0.07 per share in its upcoming release, pointing to a year-over-year increase of 84.8%. It is anticipated that revenues will amount to $239.4 million, exhibiting an increase of 41.1% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to ...
loanDepot Finance Leaders Inspire Young Women From Anaheim High Schools, Helping Pave STEM Career Paths
Businesswire· 2024-02-13 19:57
IRVINE, Calif.--(BUSINESS WIRE)--Female finance leaders from loanDepot, Inc. ("LDI" or "Company") (NYSE: LDI), have begun mentoring high school students in the Anaheim Union School District through the American Heart Association’s (AHA) STEM Goes Red initiative. The initiative was created to inspire young women to follow their passions and incorporate STEM into their career paths by exposing them to motivating female influencers who can share career experience and insights. loanDepot SVP of Accounting Sy ...
loanDepot earns HousingWire's 2024 Tech100 Mortgage award
Businesswire· 2024-02-06 19:30
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, has received HousingWire’s 2024 “Tech 100 Mortgage” award, celebrating the most innovative and impactful organizations in housing. loanDepot received the honor for the continued advancement of its industry-leading proprietary mello platform, a technology-driven ecosystem that delivers ease, speed, and hassle-free transac ...
loanDepot recognized as a 2024 Diversity Leader by National Mortgage Professional Magazine
Businesswire· 2024-02-01 20:32
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, has been selected as one of National Mortgage Professional Magazine's “Diversity Leaders” for 2024. The honor recognizes companies that demonstrate an “unwavering commitment to fostering diversity within the mortgage industry,” according to the magazine. loanDepot, the country’s third-ranked lender serving minorities1, e ...
loanDepot's Dan Hanson inducted to California Homebuilding Foundation's Hall of Fame
Businesswire· 2024-01-30 15:02
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, today announced Executive Director Dan Hanson will be inducted to the California Homebuilding Foundation’s Hall of Fame. Now in its 39th year, this prestigious honor recognizes homebuilding professionals who exemplify the Foundation’s mission of forging a bright future for the next generation of homebuilders. Inductee ...
loanDepot President and CEO Frank Martell recognized among Inman's 2024 "Power Players" for second consecutive year
Businesswire· 2024-01-25 18:03
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 its President and CEO Frank Martell was recognized on Inman’s 2024 “Power Players” list. The index features an impressive roster of leaders, executives and founders as well as innovators and visionaries from the residential real estate, mortgage, finance and proptech ecosystems, each of whom “is playing a ...
loanDepot Provides Update on Cyber Incident
Businesswire· 2024-01-22 12:42
IRVINE, Calif.--(BUSINESS WIRE)--loanDepot, Inc. (“LDI” or “Company”) (NYSE: LDI), a leading provider of home lending solutions, today provided an update on the cyber incident it disclosed on January 8, 2024. The Company has been working diligently with outside forensics and security experts to investigate the incident and restore normal operations as quickly as possible. The Company has made significant progress in restoring our loan origination and loan servicing systems, including our MyloanDepot and Se ...
LoanDepot Continues to Restore Business Operations Amid Cybersecurity Incident
PYMNTS· 2024-01-19 22:56
LoanDepot continues to deal with a cybersecurity incident that began Jan. 8.Customers said on social media and forums that they have been unable to access their online accounts, submit mortgage payments or close deals since that time, TechCrunch reported Friday (Jan. 19).“LoanDepot is experiencing a cyber incident,” a banner on its homepage and a note on its page devoted to operational updates related to the incident said Friday.The company posted an update to the site Friday at 5 p.m. Eastern time saying, ...