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Tagged: loanDepot

loanDepot's Losses Mount, Despite Optimisim

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.”

Industry News
Mar 13, 2024
Cost Of Ransomware Attack: $12 To $17M

loanDepot tells federal regulators that the cybersecurity incident will impact its Q1 earnings.

Regulation and Compliance
Feb 27, 2024
fello v. mello

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.

Courts
Feb 20, 2024
Honoring The Mortgage Industry’s 2024 Diversity Leaders

Recognizing the companies leading the way for the mortgage industry to become more inclusive and reflective of the communities that they serve

NMP
Jan 31, 2024
Honoring The Mortgage Industry’s 2024 Diversity Leaders
loanDepot Faces Class Actions Over Cybersecurity Breach

Lawsuits allege failure to prevent data breach and seek class status, while customers worry about potential misuse of stolen information.

Courts
Jan 26, 2024
loanDepot Discloses Cyber Incident Impacted 16.6 Million Customers

Mortgage lender resumes operations amidst growing cybersecurity challenges in the industry.

Regulation and Compliance
Jan 22, 2024
loanDepot's $3.5 Million Settlement Gets Preliminary Nod Amid Investor Opposition

U.S. district judge scheduled to sign off on the settlement in April.

Courts
Jan 09, 2024
loanDepot Joins Ranks Of Cyberattack Victims, Initiates Probe

California-based mortgage lender grapples with cybersecurity breach amidst a spate of recent attacks across the industry.

Operations
Jan 08, 2024
In Recovery, Mixed Fortunes For Nation’s Largest Lenders

Earnings snapshot shows ongoing cuts, servicing stemmed the bleeding amidst higher rates.

Analysis and Data
Nov 30, 2023
loanDepot Faces Class Action Over Alleged Extra Fees

West Virginia homeowners file class action claiming unlawful charges for phone payments, amid growing scrutiny of extraneous "junk fees" in mortgage servicing.

Courts
Nov 28, 2023
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The Spread On Trust
Breaking Barriers
The Language Of Home
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