Beleaguered lender ekes out $2.67 million third quarter profit, with loan originations up 9 percent from a year ago as refinancings bounce back on retreat in rates.
Source: Inman News
LoanDepot is back in the black for the first time since Q4 2021
Published in AI, earnings, frank martell, Industry News, loanDepot, Mortgage, q3 2024 earnings and Select
More from AIMore posts in AI »
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- Why 88% of agent conversations never make it to the CRM
- What Starbucks, TikTok and Taco Bell can teach us about marketing
- New Opendoor CEO’s plan: ‘Buy more good homes and get more good sellers through our funnel’
- EXp digs at Compass during Q3 earnings as agent retention soars
More from earningsMore posts in earnings »
- Offerpad home sales, acquisitions hit new low in Q3 2025
- RE/MAX stays profitable as US agent count, revenue decline
- Tech, scale and strategy fuel Q1 wins across real estate
- Blend seeks to sell Title365 as mortgage revenue shrinks in Q1
- Rocket says it could close Redfin acquisition as soon as this quarter
More from frank martellMore posts in frank martell »
- LoanDepot revamps leadership as it fights steering allegations
- Back as CEO, loanDepot founder has his work cut out for him
- LoanDepot boosts lending and profit margins, trims Q1 loss
- LoanDepot shares slip on $67M Q4 2024 net loss, tepid Q1 outlook
- Hsieh returns to LoanDepot as Frank Martell steps down as CEO
More from Industry NewsMore posts in Industry News »
- Zillow defends private listing rule, criticizes Compass in new filing
- NAR’s Kevin Sears: We need to ‘show everybody that we as Realtors are pro-consumer’
- Despite unease, Compass poised to retain most Anywhere agents
- New Opendoor CEO’s plan: ‘Buy more good homes and get more good sellers through our funnel’
- Offerpad home sales, acquisitions hit new low in Q3 2025
More from loanDepotMore posts in loanDepot »
More from MortgageMore posts in Mortgage »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- Stop freaking out about 50-year mortgages. They might save the housing market
- Homebuying off to strongest November start since 2022
More from q3 2024 earningsMore posts in q3 2024 earnings »
- Growth helps cloud banking tech provider nCino trim Q3 loss by 67%
- Better funds $1B in mortgages in Q3 but still $54M in the red
- Matterport posts $38.4M loss in Q3 as it spends for scale
- Rocket boosts market share, posts $481M Q3 loss on writedowns
- Porch shares soar 55% on $14M Q3 profit and restructuring plan
More from SelectMore posts in Select »
- Dawn of a new era: Here’s how NAR says it’s changing for its members
- 5 copy-and-paste direct-mail campaigns that will fuel your best year ever in 2026
- HUD shifts homeless policy away from providing permanent housing
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- RateMyAgent and Curated Social merge to form Renowned platform
Be First to Comment