loanDepot returns to profitability, announces new strategic plan
Housing Wire
NOVEMBER 5, 2024
Costs may increase as the company continues to add loan officers and operations team members. In August, loanDepot added a first-lien home equity line of credit (HELOC) to its product suite, enabling homeowners without a mortgage to borrow from their home equity. Meanwhile, the company’s total revenues reached $314.6
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