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LoanDepot Posts Loss, but Origination Volume Up 27% from Q1

August 08, 2023
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LoanDepot Posts Loss, but Origination Volume Up 27% from Q1

August 08, 2023
Mortgage company loanDepot released its second-quarter earnings Wednesday and saw a seasonal bump in loan originations. On Wednesday, July 7, loanDepot posted a quarterly loss of $0.19 per share, which was 35.71% less than the Zacks Consensus Estimate of a loss of $0.14. Although the quarterly earnings were not great, loanDepot reported total revenue of […]