loanDepot Alters More Credit Lines Ahead of Earnings

National Mortgage News, Apr. 21, 2023–Andrew Martinez (subscription)
LoanDepot last week reduced a line of credit with Dallas-based NexBank to $185 million after decreasing the facility to $200 million four months ago, according to a Securities and Exchange Commission filing Friday. It also announced the transfer of a $300 million servicing rights facility from failed depository Signature Bank to Flagstar Bank.