loanDepot, Inc. 26642 Towne Centre Drive Lake Forest, CA 92610 Phone : +1.888.337.6888 Easily share your publications and get them in front of Issuu’s millions of monthly readers. LoanDepot plans to list on the New York Stock Exchange under the symbol LDI. LoanDepot generated $1.47 billion in net income from the first nine months of last year. All rights reserved. loanDepot's IPO: What we know so far. Your email address will not be published. Disclaimer | At the time, LoanDepot had sought a market value of $2.4 billion to $2.6 billion. Enter now! January 12 . While they specialize in home loans, which include home mortgages, refinancing, & home builder loans, they also offer joint venture loans and personal loans. IPOs. LOANDEPOT, INC. stock quote and LDI charts. LoanDepot is the latest nonbank mortgage lender to file for an IPO By Brad Finkelstein January 12, 2021, 12:57 p.m. EST Brad Finkelstein January 12, 2021, 12:57 p.m. EST loanDepot Appoints EVP, Marketing; EVP, Next Generation Lending America's Lender Accelerating Category Expansion and Market Share Gains; Leverages its Digital Lending Platform, mello™ As nonbank lenders continue taking market share from traditional banks, loanDepot has remained at the forefront as the newest forward-thinking brand of the modern lending movement. Earlier this month, ... economic cycles and market consolidation. And, to some, it may … The investment management's new quarterly dividend of $4.13 a share, up from $3.63 a share, will be payable March 23 to shareholders of record on March 5. Launched in 2010, loanDepot is the second largest retail-focused non-bank mortgage originator and the fifth largest overall retail originator, according to Inside Mortgage Finance. Hsieh pointed to the benefits of being a … Your email address will not be published. Since 2012, the company has experienced 400 percent annual market share growth. To date, loanDepot has funded over $275 billion in mortgage loans and ranks as one of the nation's largest retail mortgage lenders and the second largest nonbank retail mortgage lender. America's Lender Rises to Fifth Largest Retail Mortgage Lender. Home Depot and Lowe’s are the number one and two home improvement retailers in the U.S., holding 24% and 17% market shares, respectively. To date, loanDepot has funded over $275 billion in mortgage loans and ranks as one of the nation's largest retail mortgage lenders and the second largest nonbank retail mortgage lender. As per the statistics cited by Bloomberg, LoanDepot has a 2.6% market share of the $11 trillion mortgage market and ranks second among non-bank retail mortgage originator. Plus500. What Happened: The recently filed preliminary prospectus does not mention details about the number of shares and the IPO price. In March 2017, the company revived plans for an IPO but didn’t follow through. At the time, LoanDepot had sought a market value of $2.4 billion to $2.6 billion. These come with both fixed and adjustable-rate options. As per the statistics cited by Bloomberg, LoanDepot has a 2.6% market share of the $11 trillion mortgage market and ranks second among non-bank retail mortgage originator. It listed revenue of $1.3 billion for all of 2019 and $3.3 billion for the first nine months of 2020. Read More. Select a company to learn more about what they do and how their stock performs, including market capitalization, the price-to-earnings (P/E) ratio , price/earnings-to-growth (PEG) ratio and dividend yield. Share: Nonbank mortgage lender LoanDepot has filed for an IPO on the NYSE. Our company’s growth reflects the success of our customer-centric approach. 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