As mortgage rates soared last year, loanDepot saw 2023 loan origination volume plunge by 58 percent from the year before, to $22.7 billion.
Source: Inman News
LoanDepot trims 2023 net loss by 37%, retains ‘strong liquidity profile’
Published in 2023 earnings, earnings, frank martell, Industry News, loanDepot, Mortgage and Q4 2023 earnings
More from 2023 earningsMore posts in 2023 earnings »
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 »
More from loanDepotMore posts in loanDepot »
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 Q4 2023 earningsMore posts in Q4 2023 earnings »
Be First to Comment