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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
REVENUES:    
Interest income $ 35,070 $ 30,925
Interest expense (31,762) (31,666)
Net interest income (expense) 3,308 (741)
Gain on origination and sale of loans, net 166,376 116,060
Origination income, net 25,858 13,606
Servicing fee income 104,278 124,059
Change in fair value of servicing rights, net (41,103) (45,270)
Other income 14,903 15,071
Total net revenues 273,620 222,785
EXPENSES:    
Personnel expense 150,161 134,318
Marketing and advertising expense 38,250 28,354
Direct origination expense 21,954 18,171
General and administrative expense 44,132 57,746
Occupancy expense 4,295 5,110
Depreciation and amortization 7,666 9,443
Servicing expense 10,000 8,261
Other interest expense 43,265 46,547
Total expenses 319,723 307,950
Loss before income taxes (46,103) (85,165)
Income tax benefit (5,407) (13,660)
Net loss (40,696) (71,505)
Net loss attributable to noncontrolling interests (18,800) (37,250)
Net loss attributable to loanDepot, Inc. $ (21,896) $ (34,255)
Common Class A And D    
Earnings (loss) per share:    
Basic (in usd per share) $ (0.11) $ (0.19)
Diluted (in usd per share) $ (0.11) $ (0.19)
Weighted average shares outstanding:    
Basic (in shares) 200,792,570 181,407,353
Diluted (in shares) 200,792,570 324,679,090