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loanDepot Inc (LDI) Q1 2024 Earnings: Misses Analyst Revenue Forecasts Amidst Cyber Incident

loanDepot Inc (LDI) Q1 2024 Earnings: Misses Analyst Revenue Forecasts Amidst Cyber Incident
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United statesFrank martellDavid hayesDepot incFinancial officer david hayesInvestor relations

Automating Verifications Allows loanDepot To OK Some Mortgages In Minutes

After months of beta testing, the melloNow underwriting engine can analyze credit reports, detect fraud, and validate income and employment data without human assistance.

United statesAnthony hsiehFrank martellDavid hayesJeff walshNational homecorpMortgage solutionsFarm bureau bankRedwood realtyFarm bureau mortgageMichael saunders companyRealty corpInman connect new yorkPresident jeff walshBetter mortgageNationwide mortgage licensing system

LoanDepot Warns More Layoffs are Coming — But on a Smaller Scale

LoanDepot plans to slash $120 million in annual expenses following three-straight quarters of cuts, executives said during a Q3 earnings call.

United statesDavid hayesFrank martellInman connect new yorkFinancial officer david hayes

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