Date | Title | Description |
07.05.2024 |
Impacted by a cyberattack, loanDepot delivers a Q1 loss of $38M | loanDepot delivered another financial loss in the first quarter of 2024, during which the mortgage lender dealt with the impacts of a cyberattack that brought down its systems.
The California-based lender recorded a non-GAAP adjusted net lo... |
02.05.2024 | Colorado Rockies | Rockies' Historic Losing Streak Continues | The Colorado Rockies are in the midst of a historic losing streak, tying franchise records and setting new lows in consecutive games trailing. Despite flashes of potential from players like Jordan Beck and Ryan Feltner, the Rockies continue... |
01.05.2024 |
Rates at 7% attract different types of borrowers, forcing lenders to rethink profit strategies | Industry experts believe mortgage rates will remain higher for longer, attracting borrowers who face life events but not “economic gamers“ to the mortgage market. In turn, this will force some lenders to think out of the box to attain profi... |
30.04.2024 |
Reverse mortgage professionals react to H4P rule changes | After the release of proposed new rules for the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program late last year, the reverse mortgage industry expressed a lot of excitement.
In the newly proposed rules handed down in Octobe... |
30.04.2024 | Colorado Rockies | Reeling Rockies suffer epic collapse, lose 7-6 to Marlins in 10 innings | Leave it to the Rockies to ruin a couple of storybook endings.
In one of the worst meltdowns in recent memory, the Rockies blew a 5-0 lead in the ninth inning and lost 7-6 to the woeful Marlins in 10 innings Tuesday night at loanDepot park.... |
23.04.2024 |
loanDepot CEO talks ‘longer and tougher’ mortgage cycle, NAR settlement and cyberattacks | loanDepot CEO Frank Martell expects the current mortgage market cycle to be “longer and tougher than anybody expected.” Adding to this challenge, lenders must deal with an increased risk of cyberattacks, something that loanDepot itself expe... |
16.04.2024 |
BofA’s mortgage production falls in Q1 | Bank of America (BofA) reported another quarterly decline in mortgage and home equity production in the first quarter of 2024.
On Tuesday morning, the top-20 U.S. mortgage lender stated it produced a volume of $3.4 billion in first mortgage... |
03.04.2024 | Ricky Davis & Beth Cheeseman Join the Identity Theft Resource Center's Board of Directors | ITRC Board Directors Ricky Davis and Beth Cheeseman have vast knowledge and expertise in data privacy and protection.
ITRC Board Director Ricky Davis has enterprise-wide responsibility for Synchrony's comprehensive privacy program; Beth Che... |
29.03.2024 |
HUD seeks public comment on updates to reverse mortgage documents | The U.S. Department of Housing and Urban Development (HUD)’s Office of Policy Development and Research is seeking public comment related to application and origination documents for the Federal Housing Administration (FHA)-backed Home Equit... |
18.03.2024 |
National columnist examines CFPB reverse mortgage advertising data | A national syndicated columnist has taken a closer look at the reverse mortgage product category after reviewing data from the Consumer Financial Protection Bureau (CFPB) about the industry’s advertising practices, and she says that the pro... |
18.03.2024 |
Data breach at Nations Direct Mortgage impacts 83,000 borrowers | Nevada-headquartered wholesale lender Nations Direct Mortgage revealed that an unauthorized third party obtained access to the data of more than 83,000 customers on or about Dec. 30, 2023, the lender disclosed on March 14 in a notice shared... |
14.03.2024 |
Lisa Moriello talks tech, 2024 HECM limit and openness to reverse mortgages | Lisa Moriello, the national retail reverse mortgage sales manager at multichannel lender loanDepot, recently spoke to RMD about how business in 2024 seemed to be off to a promising start.
Diving deeper into the current reverse mortgage busi... |
01.02.2024 |
Announcing the 2024 Tech100 Mortgage Winners! | The Tech100 Mortgage award celebrates the most innovative and impactful organizations in housing. More than just an acknowledgment; the Tech100 award is a testament to the transformative impact these companies have made, propelling the mort... |
10.01.2024 | LoanDepot Hacked: US’ second largest non-bank mortgage lender hit by cyberattack | LoanDepot, the second-largest nonbank mortgage lender in the United States, has become the latest victim of a cyberattack. The California-based company confirmed on Monday that an unauthorized third party successfully breached some of its c... |
19.09.2023 |
Alec Hanson on reverse mortgage specialists and not sleeping on social media | There are a couple longstanding debates in the reverse mortgage business. One is loan originator specialization, whether a lender or broker shop should have dedicated reverse LOs, or “converted” forward mortgage professionals. There’s also ... |
20.01.2023 | Industry Leader Black Knight to Help Fuel loanDepot’s Next Generation of Lending Services | Black Knight, Inc. announced it will be integrated with loanDepot’s next generation of lending services as the company migrates some of its backend operations to Black Knight’s scalable and secure cloud-based Empower loan origination system... |
02.11.2021 | loanDepot Announces Pricing of Initial Public Offering | FOOTHILL RANCH, Calif. — LD Holdings Group LLC today announced that its newly formed affiliate, loanDepot, Inc. (“loanDepot”), has priced its initial public offering of 3,850,000 shares of its Class A common stock (“Common Stock”) at $14.00... |
29.09.2021 | Largest-ever War Heroes on Water sportfishing tournament for combat-wounded veterans kicks off this weekend | NEWPORT BEACH, Calif., Sept. 28, 2021 /PRNewswire/ -- On Saturday, October 2, 2021, the fourth annual War Heroes on Water (WHOW) sportfishing tournament will kick-off its largest tournament to-date by every measure—number of participating v... |
30.04.2021 | LoanDepot forms JV with homebuilder LGI Homes | Top retail mortgage lender loanDepot has formed yet another strategic joint-venture with a fast-growing homebuilder.
California-based loanDepot has formed a JV partnership with LGI Homes, called LGI Mortgage Solutions, the companies announc... |
29.04.2021 | loanDepot : and LGI Homes Debut LGI Mortgage Solutions | SCOTTSDALE, Ariz., April 29, 2021 /PRNewswire/ -- loanDepot.com, LLC, a subsidiary of loanDepot, Inc. (NYSE: "LDI"), the nation's third largest retail mortgage lender, and LGI Homes, one of the fastest growing home builders in the... |
22.04.2021 | LOANDEPOT, INC.
loanDepot : Declares Special Dividend of $200.0 Million and Announces Early Lock-Up Release | FOOTHILL RANCH, Calif., April 21, 2021 /PRNewswire/ -- loanDepot, Inc. (the "Company," NYSE: "LDI," together with its subsidiaries, "loanDepot") today announced that it has declared a special cash dividend on i... |
24.03.2021 | LoanDepot launches JV with another homebuilder | LoanDepot, the nation’s second-largest nonbank retail mortgage lender, struck up a joint-venture with Schell Brothers, a homebuilder based in Delaware.
The venture is to be called Henlopen Mortgage, the firms said in a statement this week.
... |
23.03.2021 | loanDepot Announces Upsize and Pricing of $600 Million of Senior Unsecured Notes | |
08.03.2021 | loanDepot Named Presenting Sponsor of MLB American and National League Championship Series | |
12.02.2021 | Money Left on the Table? loanDepot Closes at $22 a Share Up 57% From IPO Price [u] | loanDepot (NYSE:LDI) floated shares today on the NYSE following a significant decrease in its IPO price. The online mortgage lender listed shares at $14 each after previously filing an S-1 indicating its intent to float shares in a range of... |
11.02.2021 | LoanDepot raises just $54M in downsized IPO | Online retail lender loanDepot raised just $54 million by offering 3.9 million shares at $14 on Thursday, far below the range of $19 to $21 it initially had sought. The downsized offering follows a theme that’s afflicted almost all of the n... |
08.02.2021 | LoanDepot to IPO this week at possible $6.2B valuation | After pushing back its initial public offering a week, loanDepot looks poised to tap the public markets at a $6.2 billion valuation later this week.
The multi-channel mortgage lender hopes to raise $300 million by pricing its shares between... |
02.02.2021 | loanDepot Expected to IPO This Week Raising Over $300 Million | Yesterday, loandDepot filed an updated S-1 with the Securities and Exchange Commission as it bumped up its share price to $21 for a forthcoming initial public offering (IPO) that may raise a gross amount of over $362 million.
According to t... |
27.01.2021 | Upcoming IPO could value loanDepot at $6.5B | LoanDepot, one of America’s largest mortgage lenders, released pricing of its hotly anticipated independent public offering (IPO) on Wednesday. The multichannel lender said it would be selling 9.41 million shares of common stock; funds held... |
11.01.2021 | LoanDepot files paperwork to go public in 2021 | The moment has finally arrived: California-based lender loanDepot has filed an updated S-1 with the Securities and Exchanges Commission and plans to go public in 2021.
The company, founded by billionaire entrepreneur Anthony Hsieh, said Mon... |
11.11.2020 | LoanDepot says it’s going public (for real this time) | After a dramatic false start in 2015, California-based lender LoanDepot says it’s finally going public.
The company, founded by billionaire entrepreneur Anthony Hsieh, said Wednesday morning that its newly formed affiliate loanDepot Inc. ha... |
28.08.2020 | War Heroes on Water :, the Landmark Annual Sportfishing Event that Honors and Serves Combat-Wounded Veterans, Adds a Newport Harbor Boat Parade to its Upcoming 2020 Tournament Itinerary | NEWPORT BEACH, Calif., Aug. 28, 2020 /PRNewswire/ -- War Heroes on Water, (WHOW) the landmark sportfishing event conceptualized by loanDepot Founder and CEO Anthony Hsieh, will feature a new aspect this year—a patriotic boat parade through ... |
09.01.2020 | loanDepot to Pay Off Two Homeowners’ Mortgages Through 10-Year Anniversary nextX Sweepstakes | loanDepot announced on Thursday it will celebrate its 10 year anniversary by paying off one lucky customer AND one employee’s mortgage through its nextX Mortgage Sweepstakes, which will feature $680,000 in total prizes. According to loanDep... |
31.12.2019 | The growing market share of nonbanks and alternative financing in the online mortgage lending industry
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07.10.2019 | Here is a list of the top nonbank and alternative lenders in 2019
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30.09.2019 | Here is a list of the top nonbank and alternative lenders in 2019
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23.09.2019 | Here is a list of the top nonbank and alternative lenders in 2019
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16.09.2019 | Here is a list of the top nonbank and alternative lenders in 2019
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04.09.2019 | Here is a list of the top nonbank and alternative lenders in 2019
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15.09.2016 | loanDepot officially withdraws IPO filing | loanDepot officially requested that the Securities and Exchange Commission withdraw its initial public offering, which was filed nearly a year ago.
According to the SEC filing, “The company has determined not to pursue a public offering of ... |
17.08.2016 | Plan B: loanDepot closes on $150M in capital transaction | Nearly one year after it postponed its initial public offering due to market conditions, loanDepot announced it went a different route to gain capital, closing $150 million in term debt financing on Aug. 9.
This time around the “nation’s se... |
11.01.2016 | loanDepot’s fight to be the No. 1 nonbank consumer lender | loanDepot made a lot of moves in 2015 to reach its goal of becoming the No. 1 nonbank consumer lender.
While the company said it hasn’t passed Quicken Loans for the top spot, it has done a lot to position itself for growth in 2016.
The lend... |
01.12.2015 | loanDepot closes first $150M securitization of personal loans | loanDepot announced it closed a $150 million securitization of unsecured personal loans, demonstrating the increasing demand for the new product.
The online mortgage lender officially moved into marketplace lending on May 13, becoming the f... |
23.11.2015 | LoanDepot Bags IPO. For Now. | In a blog post, LoanDepot CEO Anthony Hsieh explained his decision to hold off on launching an IPO for now. Hsieh used the experience of Square, which dropped its IPO price by 25% to boost investor interest just prior to offering shares to ... |
12.06.2013 | VIDEO: loanDepot goes Lone Star | Making its footprint in the suburbs of Plano, Texas, loanDepot joins corporations such as Pepsico and even HousingWire in north Dallas.
Retail mortgage lender loanDepot opened its new co-headquarters in Plano, Texas, conveniently located ju... |
05.01.2010 | Parthenon Capital Partners Announces Investment in loanDepot | SAN FRANCISCO, CA—Parthenon Capital Partners, a private equity firm with offices in San Francisco and Boston, announced today that it completed an investment in loanDepot, an online consumer direct mortgage origination company based in Irvi... |
- | Homium: Home Equity Mortgage Lender Company Raises $10 Million | Homium, a home equity mortgage lender and securitization platform, announced it launched its tokenized home equity loans on Avalanche (smart contracts platform). To further develop the platform and scale its lending business, Homium raised ... |