After seeing a $91 million loss in the first quarter, loanDepot shared its Vision 2025. The plan includes cutting another 2,000 jobs. Former Sprout employees are suing for unpaid wages and are seeking class action status. Credit is becoming less available as standards tighten.
loanDepot Cutting 2,000 Jobs. Former Sprout Workers Sue For Wages.
Get the NMP Daily
Produced By