LoanDepot revamps leadership as it fights steering allegations
Since returning in July as CEO of the company he founded, Anthony Hsieh has cleaned house, hiring or promoting 10 executives who can help take loanDepot 'back to our roots'
by Matt Carter Oct 14
LoanDepot shares surge on bullish call by Citron Research
Andrew Left's controversial research firm has a thesis: Trump will win the 'war on housing,' and loanDepot's mortgage servicing business is hugely undervalued
by Matt Carter Sep 5
Back as CEO, loanDepot founder has his work cut out for him
Anthony Hsieh brings back technology executives Dominick Marchetti and Sean DeJulia after loanDepot, which hasn’t turned a full-year profit since 2021, posts $25 million Q2 loss
by Matt Carter Aug 7
Inman announces the 2025 Best of Finance Award winners
Inman celebrates 149 mortgage and finance professionals setting the bar higher in leadership, innovation and commitment to excellence
by Inman Jun 24
Tech, scale and strategy fuel Q1 wins across real estate
From Zillow’s return to profit to CoStar’s continued growth, Q1 earnings reveal how companies are adapting — and competing — in a shifting market
by Jessi Healey May 15
LoanDepot boosts lending and profit margins, trims Q1 loss
Company founder Anthony Hsieh returns to executive leadership team, says investments in technology, connections to real estate agents and homebuilders will help lender scale
by Matt Carter May 6
LoanDepot shares slip on $67M Q4 2024 net loss, tepid Q1 outlook
While mortgage originations were up 34% from a year ago, to $7.2B, shares dip below 12-month low after company executives said they don't expect Q1 2025 lending to surpass $5.5B
by Matt Carter Mar 11
Hsieh returns to LoanDepot as Frank Martell steps down as CEO
Martell will transition into a board advisory role by June, and Anthony Hsieh will return to the executive leadership team after the board ousted him in 2023, officials announced Thursday
LoanDepot partners with factory homebuilder Onx Homes
With listings scarce and refinancings sluggish, the strategy of partnering with homebuilders to form joint ventures like Onx X+ Mortgage is to grow loanDepot's purchase loan business
by Matt Carter Feb 5
LoanDepot is back in the black for the first time since Q4 2021
Beleaguered lender ekes out $2.67M Q3 profit on $315M in revenue, with loan originations up 9% from a year ago as mortgage refinancing bounces back on retreating rates
by Matt Carter Nov 5
Automating verifications lets loanDepot OK loans in minutes
After months of beta testing, loanDepot's melloNow underwriting engine can analyze credit reports, detect fraud, and validate income and employment data without human assistance
by Matt Carter Dec 12
Head of LoanDepot's retail division steps into newly created role
Dan Hanson, the former head of loanDepot's retail division, will develop 'new revenue-generating opportunities' as the lender's new executive director of enterprise partnerships and acquisitions
by Matt Carter Sep 18
LoanDepot narrows Q2 loss on spring mortgage demand
At $4.55B, loanDepot's Q2 purchase loan originations were up 30% from Q1, thanks in part to the seasonal boost provided by spring homebuyers, but down 52% from a year ago
by Matt Carter Aug 8
LoanDepot hires new CFO and parts ways with 4 top managers
CEO Frank Martell recruits former CoreLogic colleague David Hayes and streamlines management ranks as losses pile up and mortgage originations hit another new low
by Matt Carter Jun 5
LoanDepot founder gets wish: Ozonian joins board after face-off
Settlement agreement ends proxy fight that broke out in February after loanDepot founder Anthony Hsieh was ousted as company's executive chairman
by Matt Carter Apr 5