loanDepot Does It Again: Cuts Funding Capacity By $500M For 3rd Time
The nation's second-largest retail nonbank lender has now cut $1.5 billion in capacity since mid-August.
The nation's second-largest retail nonbank lender has now cut $1.5 billion in capacity since mid-August.
2 top executives receive boosts to base salaries from lender that has eliminated nearly 4,000 positions this year.
When will things turnaround for wholesale?
Website announcement declares plan to close the channel by Oct. 31.
Origination was easy last year, but now you’ve got to get back to basics
Company has posted 3 straight quarterly losses, reduced its workforce by 20% in 2022.