The beleaguered mortgage lender racks up a $610.4 million 2022 net loss despite cutting 6,100 jobs as rising mortgage rates cut into the company’s lucrative refinancing business.
Source: Inman News
LoanDepot losses mount as company continues to shed workers
More from frank martellMore posts in frank martell »
More from Industry NewsMore posts in Industry News »
More from loanDepotMore posts in loanDepot »
More from MortgageMore posts in Mortgage »
More from mortgage lenderMore posts in mortgage lender »
- Could your lender co-marketing violate RESPA? The Download
- Former Zillow mortgage originator sues over alleged wages issues
- Always growing: Surround yourself with trusted advisors
- How mortgage brokers and lenders can be better partners to agents
- Cash offer startup Accept.inc raises $90M in funding round
More from SelectMore posts in Select »
- What real estate agents can learn from TikTok, Tylenol and Disney
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Former agent convicted of swindling woman out of her home
- Is fall the new spring? Market winds may be shifting, NAR says
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
Be First to Comment