loanDepot(LDI) - 2024 Q2 - Quarterly Results
loanDepot(LDI)2024-08-06 20:06
loanDepot announces second quarter 2024 financial results Strong operational results highlighted by expanded market share and gain on sale margins; continues to invest in key growth initiatives and platforms. Highlights: • Revenue of $265 million as higher origination and servicing revenues partially offset negative net change in fair value of servicing rights. • Adjusted revenue of $278 million, the highest level since the beginning of the market downturn. • Pull-through weighted gain on sale margin of 322 ...