LoanDepot will lay off workers and suspend its quarterly dividend after posting a $91.3 million first quarter loss.
Source: Inman News
LoanDepot to lay off workers as originations plunge 48%
More from anthony hsiehMore posts in anthony hsieh »
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 »
More from loanDepotMore posts in loanDepot »
More from Markets & EconomyMore posts in Markets & Economy »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from MortgageMore posts in Mortgage »
- Bayview merger positions Guild Mortgage for refinancing boom
- Rep. Eric Swalwell sues Pulte, FHFA, Fannie Mae and Freddie Mac
- Homebuyers came out in force last week, and rates are trending down
- Fannie and Freddie cleared to back loans of up to $832,750 in 2026
- Realtor who tipped Pulte to Schiff loans now a witness [EXCLUSIVE]
More from mortgage ratesMore posts in mortgage rates »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
- Delistings and discounts jump as holiday season approaches
More from refinancingMore posts in refinancing »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- AI helps UWM seize the day, make the most loans in 4 years in Q3
- AI key to growing Rocket, Redfin and Mr. Cooper under one roof
- Lower mortgage rates spur homebuyers, but mostly refis
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
Be First to Comment