Frank Martell

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loanDepot sells MSRs, improves margins in Q2 

Aug 06, 2024By

California-based mortgage lender loanDepot reduced its financial loss in the second quarter of 2024 while still feeling the impacts of a January cyberattack. During the three-month period, the company increased its volumes and margins while implementing an efficiency program and selling mortgage servicing rights (MSRs).

3d rendering of a row of luxury townhouses along a street

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