LDI

Over the past six months, loanDepot's stock price significantly declined by approximately 59.51%, falling from $2.92 per share on October 6, 2025, to $0.64 per share by October 2, 2026. This decline led to a non-compliance notification from the NYSE in August 2026, as its average closing share price remained below $1 for 30 consecutive trading days, with the company having six months to regain compliance and considering a reverse stock split. Despite stock challenges, loanDepot announced improved Second Quarter 2026 financial results on August 4, 2026, reporting a narrowed consolidated net loss of $6.6 million, a significant improvement from the previous quarter. Key operational improvements included a 25% increase in funded loan units, an 18% rise in revenue, and a 33% growth in purchase market share, partly due to increased production of smaller-balance home equity loans. The company also re-entered the wholesale market and agreed to sell approximately $10 billion in mortgage servicing rights after the quarter ended.