Latest news with #loanDepot
Yahoo
2 hours ago
- Business
- Yahoo
loanDepot, Inc. to Report Second Quarter 2025 Financial Results on August 7, 2025
IRVINE, Calif., July 23, 2025--(BUSINESS WIRE)--loanDepot, Inc. (NYSE: LDI) (together with its subsidiaries, "loanDepot" or the "Company"), a leading provider of products and services that power the homeownership journey, today announced that the Company will release its second quarter 2025 financial results on August 7, 2025, after market close. Management will host a conference call and live webcast at 5:00 p.m. ET. The call will include a review of financial results and operational highlights followed by a question-and-answer session. The conference call can be accessed by registering online in advance at at which time registrants will receive dial-in information as well as a conference ID. At the time of the call, participants will dial in using the participant number and conference ID provided upon registration. A live audio webcast of the conference call will also be available via the Company's website, under the Events & Presentation tab. A replay of the webcast will be made available on the Investor Relations website following the conclusion of the event. For more information about loanDepot, please visit the Company's investor relations website: About loanDepot: Since its launch in 2010, loanDepot (NYSE: LDI) has revolutionized the mortgage industry with digital innovations that make transacting easier, faster and less stressful for customers and originators alike. The company, which is licensed in all 50 states, helps its customers achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. loanDepot is also committed to serving the communities in which its team lives and works through a variety of local and national philanthropic efforts. LDI-IR View source version on Contacts Investor Contact: Gerhard ErdeljiSenior Vice President, Investor Relations(949) 822-4074gerdelji@ Media Contact: Rebecca AndersonSenior Vice President, Strategic Communications and Public Relations(949) 822-4024rebeccaanderson@
Business Wire
2 hours ago
- Business
- Business Wire
loanDepot, Inc. to Report Second Quarter 2025 Financial Results on August 7, 2025
IRVINE, Calif.--(BUSINESS WIRE)--loanDepot, Inc. (NYSE: LDI) (together with its subsidiaries, "loanDepot" or the "Company"), a leading provider of products and services that power the homeownership journey, today announced that the Company will release its second quarter 2025 financial results on August 7, 2025, after market close. Management will host a conference call and live webcast at 5:00 p.m. ET on August 7, 2025. Share Management will host a conference call and live webcast at 5:00 p.m. ET. The call will include a review of financial results and operational highlights followed by a question-and-answer session. The conference call can be accessed by registering online in advance at at which time registrants will receive dial-in information as well as a conference ID. At the time of the call, participants will dial in using the participant number and conference ID provided upon registration. A live audio webcast of the conference call will also be available via the Company's website, under the Events & Presentation tab. A replay of the webcast will be made available on the Investor Relations website following the conclusion of the event. For more information about loanDepot, please visit the Company's investor relations website: About loanDepot: Since its launch in 2010, loanDepot (NYSE: LDI) has revolutionized the mortgage industry with digital innovations that make transacting easier, faster and less stressful for customers and originators alike. The company, which is licensed in all 50 states, helps its customers achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. loanDepot is also committed to serving the communities in which its team lives and works through a variety of local and national philanthropic efforts. LDI-IR
Yahoo
17-06-2025
- Business
- Yahoo
ONX X+ Mortgage, New Joint Venture Between loanDepot and Onx Homes, Now Serving Customers in Florida and Texas
Company appoints mortgage and real estate veteran Kathryn McKissick as its leader SCOTTSDALE, Ariz., June 17, 2025--(BUSINESS WIRE)--loanDepot, Inc. (NYSE: LDI) and Onx Homes, announced that their new joint venture, ONX X+ Mortgage, is now serving homebuyers in Florida and Texas. The partnership pairs Onx Homes' innovative approach to homebuilding with loanDepot's best-in-class lending platform to deliver a seamless, tech-forward mortgage experience for new construction homebuyers. "With our joint venture now serving customers in Florida and Texas, we're thrilled to continue our work transforming and streamlining the homebuying experience for our customers," said Onx Homes Chief Operating Officer Ravi Bhat. "By bringing Onx's groundbreaking design and construction model together with loanDepot's unmatched lending expertise, we're making it faster, easier, and more accessible for more families to achieve the dream of homeownership." ONX X+ Mortgage has appointed mortgage industry veteran Kathryn McKissick as branch manager. With more than 20 years of experience spanning loan originations, processing, and management, McKissick most recently served as a loan consultant for loanDepot's joint venture with LGI Homes, LGI Mortgage Solutions. She also previously supported homebuilders in a similar role as a builder loan consultant at loanDepot. Before entering the mortgage industry, she spent eight years as a licensed Realtor. In her new role, McKissick will lead the joint venture's business growth and day-to-day operations, focused on delivering a smooth, streamlined financing experience for ONX X+ Mortgage customers. "Kathryn is a trusted and dynamic leader with the experience and insight needed to guide our new joint venture," said loanDepot Executive Vice President of National Joint Ventures Dan Peña. "Her deep understanding of both the lending and new home construction businesses, paired with her commitment to customer-first service, makes her a natural choice to lead ONX X+ Mortgage." "This joint venture brings together two outstanding companies that share the same values of innovation and customer excellence," said McKissick. "I've always believed in the power of homeownership to change lives, and that belief has guided my entire career. I'm excited to lead this business and help make that experience even more meaningful for the customers we serve." About loanDepot At loanDepot (NYSE: LDI), we know home means everything. That's why we are on a mission to support homeowners with a suite of products and services that fuel the American Dream. Our portfolio of digital-first home purchase, home refinance and home equity lending products make homeownership more accessible, achievable, and rewarding, especially for the increasingly diverse communities of first-time homebuyers we serve. Headquartered in Southern California with local market offices nationwide, loanDepot and its sister real estate and home services company, mellohome, are dedicated to helping customers put down roots and bring dreams to life – all while building stronger communities and a better tomorrow. About Onx Homes Onx Homes is pioneering a new era of homes and neighborhoods. Founded in 2021 by construction experts, design thinkers, and technology leaders, it is committed to providing homeowners with the next generation of living spaces. With corporate and manufacturing facilities in Florida and Texas, Onx has already delivered a diverse portfolio of homes and has over 2,500 beautiful, resilient, and cost-efficient homes under development across Florida and Texas. Onx specializes in merging high-end design and leading technology to deliver the highest quality single-family homes and townhome communities. Leveraging its customer-centric approach and fully integrated construction capabilities, including innovative proprietary design and X⁺Construction™ technology, Onx builds the most resilient and cost-efficient homes, creating unique value for homeowners. View source version on Contacts Media Contact: Jonathan FineVP, Public Relations(781) 248-3963jfine@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
17-06-2025
- Business
- Business Wire
ONX X+ Mortgage, New Joint Venture Between loanDepot and Onx Homes, Now Serving Customers in Florida and Texas
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- loanDepot, Inc. (NYSE: LDI) and Onx Homes, announced that their new joint venture, ONX X+ Mortgage, is now serving homebuyers in Florida and Texas. The partnership pairs Onx Homes' innovative approach to homebuilding with loanDepot's best-in-class lending platform to deliver a seamless, tech-forward mortgage experience for new construction homebuyers. 'This joint venture brings together two outstanding companies that share the same values of innovation and customer excellence.' 'With our joint venture now serving customers in Florida and Texas, we're thrilled to continue our work transforming and streamlining the homebuying experience for our customers,' said Onx Homes Chief Operating Officer Ravi Bhat. 'By bringing Onx's groundbreaking design and construction model together with loanDepot's unmatched lending expertise, we're making it faster, easier, and more accessible for more families to achieve the dream of homeownership.' ONX X+ Mortgage has appointed mortgage industry veteran Kathryn McKissick as branch manager. With more than 20 years of experience spanning loan originations, processing, and management, McKissick most recently served as a loan consultant for loanDepot's joint venture with LGI Homes, LGI Mortgage Solutions. She also previously supported homebuilders in a similar role as a builder loan consultant at loanDepot. Before entering the mortgage industry, she spent eight years as a licensed Realtor. In her new role, McKissick will lead the joint venture's business growth and day-to-day operations, focused on delivering a smooth, streamlined financing experience for ONX X+ Mortgage customers. 'Kathryn is a trusted and dynamic leader with the experience and insight needed to guide our new joint venture,' said loanDepot Executive Vice President of National Joint Ventures Dan Peña. 'Her deep understanding of both the lending and new home construction businesses, paired with her commitment to customer-first service, makes her a natural choice to lead ONX X+ Mortgage.' 'This joint venture brings together two outstanding companies that share the same values of innovation and customer excellence,' said McKissick. 'I've always believed in the power of homeownership to change lives, and that belief has guided my entire career. I'm excited to lead this business and help make that experience even more meaningful for the customers we serve.' About loanDepot At loanDepot (NYSE: LDI), we know home means everything. That's why we are on a mission to support homeowners with a suite of products and services that fuel the American Dream. Our portfolio of digital-first home purchase, home refinance and home equity lending products make homeownership more accessible, achievable, and rewarding, especially for the increasingly diverse communities of first-time homebuyers we serve. Headquartered in Southern California with local market offices nationwide, loanDepot and its sister real estate and home services company, mellohome, are dedicated to helping customers put down roots and bring dreams to life – all while building stronger communities and a better tomorrow. About Onx Homes Onx Homes is pioneering a new era of homes and neighborhoods. Founded in 2021 by construction experts, design thinkers, and technology leaders, it is committed to providing homeowners with the next generation of living spaces. With corporate and manufacturing facilities in Florida and Texas, Onx has already delivered a diverse portfolio of homes and has over 2,500 beautiful, resilient, and cost-efficient homes under development across Florida and Texas. Onx specializes in merging high-end design and leading technology to deliver the highest quality single-family homes and townhome communities. Leveraging its customer-centric approach and fully integrated construction capabilities, including innovative proprietary design and X⁺Construction™ technology, Onx builds the most resilient and cost-efficient homes, creating unique value for homeowners.
Business Wire
02-06-2025
- Business
- Business Wire
loanDepot, Inc. Announces Issuance of Term Notes Secured by Ginnie Mae MSRs
IRVINE, Calif.--(BUSINESS WIRE)--loanDepot, Inc. (NYSE: LDI) (together with its subsidiaries, "loanDepot" or the "Company"), a leading provider of products and services that power the homeownership journey, today announced that it has completed the private offering of secured term notes (the 'Notes') in an aggregate principal amount of $200 million issued by the Company's indirect subsidiary, loanDepot GMSR Master Trust (the 'Issuer'). The Notes are secured by certain assets of the Issuer, including portfolio excess spread relating to mortgage servicing rights on mortgage loans underlying certain mortgage-backed securities guaranteed by Ginnie Mae. "I am very pleased with the attractive terms and successful execution of this transaction, which highlights the strength and breadth of loanDepot's financing strategy and attractive capital raising alternatives," said David Hayes. Share The Notes are variable rate based on SOFR plus a margin and mature on May 16, 2030, or, if maturity is extended, on May 17, 2032. Proceeds of the issuance, net of fees, were used to redeem the Series 2018-GT1 Term Notes previously issued by the Issuer and due to mature in October 2025. Nomura Securities International, Inc. ('Nomura') served as the manager and the initial purchaser. Alston & Bird LLP represented loanDepot as Issuer's counsel. 'I am very pleased with the attractive terms and successful execution of this transaction, which highlights the strength and breadth of loanDepot's financing strategy and attractive capital raising alternatives, including strong relationships with a leading investment bank like Nomura,' said loanDepot's Chief Financial Officer David Hayes. 'Nomura with their strength and experience in securitized products, has been an important strategic partner of loanDepot and we are pleased to have them lead this transaction.' 'We are excited to be a long-standing partner with loanDepot. Our flexible capital and extensive structuring capabilities provide creative solutions for our partners as well as differentiated asset-based finance investments for our clients,' said Sanil Patel, Global Head, Mortgage Structured Lending, Nomura Securities International. The Notes will not be registered under the Securities Act of 1933 (the 'Securities Act') or offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act. This press release is an announcement of record only and shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state. For more information about loanDepot, please visit the Company's investor relations website: About loanDepot: At loanDepot (NYSE: LDI), we know home means everything. That's why we are on a mission to support homeowners with a suite of products and services that fuel the American Dream. Our portfolio of digital-first home purchase, home refinance and home equity lending products make homeownership more accessible, achievable, and rewarding, especially for the increasingly diverse communities of first-time homebuyers we serve. Headquartered in Southern California with local market offices nationwide, loanDepot and its sister real estate and home services company, mellohome, are dedicated to helping customers put down roots and bring dreams to life – all while building stronger communities and a better tomorrow. Forward-Looking Statements This press release and related management commentary contain, and responses to investor questions may contain, forward-looking statements that can be identified by the fact that they do not relate strictly to historical or current facts and may contain the words 'outlook,' 'believe,' 'anticipate,' 'expect,' 'future,' 'guidance,' 'target,' 'intend,' 'plan,' 'goal,' 'predict,' 'estimate,' 'potential,' 'project,' 'seek,' 'will be,' 'will continue,' 'will likely result,' or other similar words and phrases or future or conditional verbs such as 'shall,' 'will,' 'may,' 'might,' 'should,' 'would,' or 'could' and the negatives of those terms or other comparable words. Examples of forward-looking statements include, but are not limited to, statements about the use of proceeds, treatment of the Notes, financing strategies, and capital raising. These forward-looking statements are based on current available operating, financial, economic and other information, and are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict and which are detailed in the "Risk Factors" section of loanDepot, Inc.'s Annual Report on Form 10-K for the year ended December 31, 2024, as well as any subsequent filings with the Securities and Exchange Commission. Therefore, current plans, anticipated actions, and future results may differ materially from what is expressed or forecasted in any forward-looking statement. loanDepot's forward-looking statements speak only as of the date of this communication or as of the date they are made. loanDepot does not undertake any obligation to publicly update or revise any forward-looking statement to reflect future events or circumstances, except as required by applicable law. LDI-IR
