loanDepot Reports Q1 2026 Earnings with Widening Adjusted Net Loss
loanDepot (LDI) reported an adjusted net loss of $34 million for Q1 2026, a widening from $21 million in the prior quarter, primarily due to a lower pull-through weighted gain on sale margin. The company saw a 14% sequential increase in pull-through weighted rate lock volume to $8.3 billion, within its guidance range. Loan origination volume decreased by 5% to $7.7 billion, but still represented the top end of its guided range.
Topics: earnings loan origination loss revenue servicing income