LoanDepot Invests in Technology to Recover Industrywide Mortgage Origination Volumes

LoanDepot Invests in Technology to Recover Industrywide Mortgage Origination Volumes

PYMNTS.com

LoanDepot is investing in technology as it prepares for a rebound in industrywide mortgage origination volumes. While the provider of home lending solutions reduced its expenses by 36% in 2023, it also invested in platforms and systems to boost productivity. Investing in critical business operating platforms and processes is a key element of the company’s plan to return to profitability, Martell said.

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