A Brutal Quarter for loanDepot: A Large Loss, Layoffs, Wholesale Shuttered

Inside Mortgage Finance, Aug. 10, 2022–Paul Muolo
loanDepot, the brainchild of industry veteran Anthony Hsieh, Tuesday afternoon reported a $223.8 million loss for the second quarter, amid higher interest rates and plunging loan volumes.
https://www.insidemortgagefinance.com/articles/225366-a-brutal-quarter-for-loandepot-a-large-loss-layoffs-wholesale-shuttered?v=preview