loanDepot’s Profit Margins Keep Dropping

HousingWire, Mar. 25, 2021–James Kleimann
The Tuesday filing shows that loanDepot, the nation’s second-largest retail lender, originated $25.1 billion worth of residential loans in January and February, compared to the $37.4 billion the company originated in the fourth quarter of 2020. Those figures are solid, but profit margins are narrowing, the company disclosed.
https://www.housingwire.com/articles/loandepots-profit-margins-keep-dropping/#