LoanDepot gaining market share as profits narrow

May 5, 2021 |

Retail powerhouse loanDepot continued to gain market share in the first quarter of 2021 despite tumbling profit margins. And its leadership believes that its scale will enable it to weather any storm better than its competitors as interest rates continue to rise. Closed loan volume in the first quarter increased to $41.5 billion from $37.4 […more]

Posted in: San Francisco

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