Net losses for the fourth quarter totaled $59.8 million – a 43% jump from the third quarter “primarily due to revenues decreasing more than the decrease in expenses.”
Tagged: loanDepot
loanDepot tells federal regulators that the cybersecurity incident will impact its Q1 earnings.
Alleging undue similarity between the "fello" and "mello" platforms, loanDepot takes legal action to protect its brand identity and prevent consumer deception in the competitive real estate market.
Lawsuits allege failure to prevent data breach and seek class status, while customers worry about potential misuse of stolen information.
Mortgage lender resumes operations amidst growing cybersecurity challenges in the industry.
U.S. district judge scheduled to sign off on the settlement in April.
California-based mortgage lender grapples with cybersecurity breach amidst a spate of recent attacks across the industry.
Earnings snapshot shows ongoing cuts, servicing stemmed the bleeding amidst higher rates.
West Virginia homeowners file class action claiming unlawful charges for phone payments, amid growing scrutiny of extraneous "junk fees" in mortgage servicing.
Higher margins, cost reductions help lift lender.