Loandepot’s Q2 loss narrows sharply on home equity push
Loandepot cut its quarterly loss to a fraction of what it was three months ago, as a pivot into home equity lending lifted margins and a rate-driven servicing gain helped the bottom line. Processing Content The Irvine, California-based lender and servicer posted a $6.6 million net loss for the second quarter, a sharp improvement on […]
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