While many of its peers saw residential loan production weaken during the final quarter of last year, loanDepot LLC reported a healthy gain in new business.
From the period that began on Oct. 1, 2016, and concluded at year-end 2016, the Foothill Ranch, California-based firm originated $11.584 billion in home loans.
Those details, as well as other operational metrics, were provided as part of the the Mortgage Daily Fourth Quarter 2016 Mortgage Origination Survey.
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From:: Financing