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Tag Archives: loanDepot

LoanDepot Pulls IPO On Eve of Offering

A statement filed with the Securities and Exchange Commission on Tuesday showed that loanDepot was planning to offer 26.4 million shares of its common stock on Friday, valued at $16 to $18 per share. The move was expected to raise $475 million for the company, which was to be valued at $2.6 billion.

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Survey: Fear of Rejection Freezing Potential Homebuyers

According to survey results released Tuesday by independent home lender loanDepot, 56 percent of Americans who don’t currently own a home but would like to purchase in the near future say they’re not pursuing it right now “because they fear they won’t qualify for a loan.” Among current homeowners who wish to re-enter the market, 30 percent hold the same fear.

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