LDI / LoanDepot to cut 2,000 more jobs this year as decline in mortgage originations seen accelerating

I have a positive view of loanDepot, Inc.'s new appointments, which are aligned with the company's revenue growth and profit margin expansion goals. B more_horizontal

The headline numbers for loanDepot (LDI) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compa more_horizontal

LoanDepot (LDI) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $1. more_horizontal

loanDepot has experienced negative Net Income in recent quarters and this trend is expected to continue. Stock price performance has diverged from neg more_horizontal

loanDepot streamlined its management structure and consolidated its business. The company also reiterated its second-quarter outlook. more_horizontal

loanDepot, Inc. (NYSE:LDI ) Q1 2023 Earnings Conference Call May 9, 2023 5:00 PM ET Company Participants Gerhard Erdelji - SVP, IR Frank Martell - Pre more_horizontal

The headline numbers for loanDepot (LDI) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to comp more_horizontal

Loandepot (NYSE: LDI) stock price has been in a strong sell-off in the past few months as concerns about the mortgage industry continue. The shares pl more_horizontal