loanDepot Inc
For the period ended Dec 31, 2024. Filed Mar 13, 2025.
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FY2024 · Filed Mar 13, 2025
LDI$0.48-9.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of December 31, and
CONSOLIDATED BALANCE SHEETS
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $421,576 | $660,707 |
| Restricted cash | 105,645 | 85,149 |
| Loans held for sale, at fair value (includes $293,165 and $510,080 pledged to creditors in securitization trusts at December 31, 2024 and 2023, respectively) | 2,603,735 | 2,132,880 |
| Loans held for investment, at fair value (pledged to creditors in a securitization trust) | 116,627 | — |
| Derivative assets, at fair value | 44,389 | 93,574 |
| Servicing rights, at fair value (includes $625,699 and $617,878 pledged to creditors in securitization trusts at December 31, 2024 and 2023, respectively) | 1,633,661 | 1,999,763 |
| Trading securities, at fair value | 87,466 | 92,901 |
| Property and equipment, net | 61,079 | 70,809 |
| Operating lease right-of-use assets | 20,432 | 29,433 |
| Loans eligible for repurchase | 995,398 | 711,371 |
| Investments in joint ventures | 18,113 | 20,363 |
| Other assets | 235,907 | 254,098 |
| Total assets | $6,344,028 | $6,151,048 |
| LIABILITIES AND EQUITY | ||
| Warehouse and other lines of credit | $2,377,127 | $1,947,057 |
| Accounts payable, accrued expenses and other liabilities | 379,439 | 379,971 |
| Derivative liabilities, at fair value | 25,060 | 84,962 |
| Liability for loans eligible for repurchase | 995,398 | 711,371 |
| Operating lease liability | 33,190 | 49,192 |
| Debt obligations, net | 2,027,203 | 2,274,011 |
| Total liabilities | 5,837,417 | 5,446,564 |
| Commitments and contingencies (Note 20) | ||
| Class A common stock, $0.001 par value, 2,500,000,000 authorized, 104,363,823 and 87,377,147 issued at December 31, 2024 and 2023, respectively | 104 | 87 |
| Class B common stock, $0.001 par value, 2,500,000,000 authorized, none issued at December 31, 2024 and 2023, respectively | — | — |
| Class C common stock, $0.001 par value, 2,500,000,000 authorized, 131,432,929 and 141,234,529 issued at December 31, 2024 and 2023, respectively | 131 | 141 |
| Class D common stock, $0.001 par value, 2,500,000,000 authorized, 97,026,671 and 97,026,671 issued at December 31, 2024 and 2023, respectively | 97 | 97 |
| Preferred stock, $0.001 par value, 50,000,000 authorized, none issued at December 31, 2024 and 2023, respectively | — | — |
| Treasury stock at cost, 5,270,250 and 3,349,395 shares at December 31, 2024 and 2023, respectively | (20,340) | (16,493) |
| Additional paid-in capital | 843,523 | 821,055 |
| Retained deficit | (550,623) | (451,706) |
| Noncontrolling interest | 233,719 | 351,303 |
| Total equity | 506,611 | 704,484 |
| Total liabilities and equity | $6,344,028 | $6,151,048 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.