January cyberattack a $37M weight on loanDepot Q1 2024 results

In addition to $15 million in direct costs, loanDepot says it lost an additional $22 million in revenue while systems were down, contributing to $72 million net loss. Continue reading

LoanDepot hires new CFO and parts ways with 4 top managers

CEO Frank Martell recruits former CoreLogic colleague David Hayes as losses pile up and mortgage originations hit another new low. Continue reading