Tag: shrinking loandepot

Shrinking loanDepot Takes A $137.5M Hit In 3rd Quarter

Shrinking loanDepot Takes A $137.5M Hit In 3rd Quarter Due To Originations Declining To $9.8 Billion In Third Quarter A sever shrinking loanDepot posted it’s third-quarter earnings. The numbers show the company’s struggles are far from over.  loanDepot reported its second consecutive quarterly loss in large part to plummeting mortgage production. The company says it expects production…

By Steve
2 min read