# EDGAR Filing Document

**Accession Number:** 0001831631
**File Stem:** 0001831631-25-000152
**Filing Date:** 2025-8
**Character Count:** 108197
**Document Hash:** e8fe146673f2c540c859b37d90f33e7d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001831631-25-000152.hdr.sgml**: 20250807

**ACCESSION NUMBER**: 0001831631-25-000152

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 29

**CONFORMED PERIOD OF REPORT**: 20250807

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Regulation FD Disclosure

**FILED AS OF DATE**: 20250807

**DATE AS OF CHANGE**: 20250807

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** loanDepot, Inc.
- **CENTRAL INDEX KEY:** 0001831631
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 853948939
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40003
- **FILM NUMBER:** 251193995

**BUSINESS ADDRESS:**
- **STREET 1:** 6561 IRVINE CENTER DRIVE
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92618
- **BUSINESS PHONE:** (949) 434-5964

**MAIL ADDRESS:**
- **STREET 1:** 6561 IRVINE CENTER DRIVE
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92618

?xml version='1.0' encoding='ASCII'? ldi-20250807

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

_____________________

**FORM 8-K**

_____________________

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d)**

**of the Securities Exchange Act of 1934**

**Date of Report (or date of earliest event reported): August 7, 2025**

_____________________

**loanDepot, Inc.**

**(Exact Name of Registrant as Specified in its Charter)**

_____________________

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-40003** | **85-3948939** |
| **(State or other jurisdiction**<br>**of incorporation)** | **(Commission**<br>**File Number)** | **(I.R.S. Employer**<br>**Identification Number)** |

---

**6561 Irvine Center Drive**

**Irvine, California 92618**

**(Address of Principal Executive Offices) (Zip Code)**

**Registrant's telephone number, including area code: (888) 337-6888**

_____________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading**<br>**Symbol(s)** | **Name of each exchange**<br>**on which registered** |
| **Class A Common Stock, $0.001 Par Value** | **LDI** | **New York Stock Exchange** |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. □

**Item 2.02 Results of Operations and Financial Condition.**

On August 7, 2025, loanDepot, Inc. (the "Company") issued a press release announcing its results for the quarter ended June 30, 2025 (the "Earnings Press Release"). The full press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

**Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**

On August 7, 2025, the Company announced that Jeff Walsh has resigned as the Company's President, LDI Mortgage. The resignation will be effective as of September 5, 2025. In connection with his resignation, Mr. Walsh entered into a transition and separation agreement and general release of claims (the "Transition Agreement") with the Company. Subject to his execution of a confirming release of claims, Mr. Walsh will receive the same separation payments and benefits that he would have received under his executive employment agreement upon a termination by him for "good reason" or by the Company without "cause," as described in the Company's proxy statement for the 2025 annual meeting of stockholders. In addition, Mr. Walsh will receive certain indemnification and director and officer liability insurance protections.

The foregoing summary of the Transition Agreement does not purport to be complete and is qualified in its entirety by reference to the complete terms of the Transition Agreement filed as Exhibit 10.1 hereto, which is incorporated herein by reference.

**Item 7.01 Regulation FD Disclosure.**

On August 7, 2025, the Company posted on the Investor Relations section of its website at investors.loandepot.com a presentation (the "loanDepot Presentation") on certain financial results and operating initiatives available for viewing during the Company's conference call and webcast announcing its financial results for the quarter ended June 30, 2025 at 5:00 p.m. Eastern time on August 7, 2025.

A copy of the loanDepot Presentation is furnished pursuant to this Item 7.01 as Exhibit 99.2 to this Current Report on Form 8-K and incorporated by reference herein in its entirety. The loanDepot Presentation includes references to non-GAAP financial information. Reconciliations between the non-GAAP financial measures and the comparable GAAP financial measures are available in the loanDepot Presentation. The loanDepot Presentation should be read in conjunction with the Earnings Press Release. The Company reserves the right to discontinue availability of the loanDepot Presentation from its website at any time.

The information furnished pursuant to Items 2.02 and 7.01, including Exhibits 99.1 and 99.2, shall not be deemed "filed" for purposes of Section 18 of the Exchange Act nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, or the Exchange Act, as amended, except as specifically identified therein as being incorporated by reference.

Additionally, the submission of the information set forth in this Item 7.01 is not deemed an admission as to the materiality of any information in this Current Report on Form 8-K that is required to be disclosed solely by Regulation FD.

**Item 9.01 Financial Statements and Exhibits.**

**(d) &nbsp;&nbsp;&nbsp;&nbsp;Exhibits.**

---

| | |
|:---|:---|
| **Exhibit Number** | **Description** |
| 10.1 | <u>[Transition, Separation and Consulting Agreement and General Release of Claims by and between the Company and Jeff Walsh, dated August 5, 2025](exhibit101walsh.htm)</u> |
| 99.1 | <u>[loanDepot, Inc. press release dated](a2025q2earningsreleaseex991.htm)[August 7](a2025q2earningsreleaseex991.htm)[, 2025](a2025q2earningsreleaseex991.htm)</u> |
| 99.2 | <u>[loanDepot, Inc. Q2 2025 Investor Presentation](a2q25investorpresentatio.htm)</u> |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

**SIGNATURE** 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | |
|:---|:---|
| **loanDepot, Inc.** | **loanDepot, Inc.** |
| By: | /s/ David Hayes |
| Name: David Hayes | Name: David Hayes |
| Title: Chief Financial Officer | Title: Chief Financial Officer |

---

Date: August 7, 2025

## Exhibit 10.1

***Exhibit 10.1***

**<u>TRANSITION AND SEPARATION AGREEMENT</u>**

**<u>AND GENERAL RELEASE OF CLAIMS</u>**

This TRANSITION AND SEPARATION AGREEMENT AND GENERAL RELEASE OF CLAIMS (this "<u>Agreement</u>") is entered into by and between LOANDEPOT, INC., a Delaware corporation (the "<u>Company</u>"), and Jeff Walsh ("<u>Executive</u>"). Executive and the Company are each referred to herein as a "<u>Party</u>" and collectively as the "<u>Parties</u>."

**WHEREAS**, Executive and the Company are parties to that certain Executive Employment Agreement dated September 22, 2022 (the "<u>Employment Agreement</u>");

**WHEREAS**, capitalized terms used but not defined herein have the meanings set forth in the Employment Agreement;

**WHEREAS**, the Company wishes to provide Executive with certain separation benefits, which are conditioned upon Executive's execution, delivery and non-revocation of this Agreement and the Confirming Release (as defined below); and

**WHEREAS**, the Parties wish to resolve any and all claims that Executive has or may have against the Company and the other Company Parties (as defined below), including any claims that Executive has or may have arising from or relating to Executive's employment, or the end of Executive's employment, with any Company Party.

**NOW, THEREFORE**, in consideration of the promises set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by Executive and the Company, the Parties, intending to be legally bound, hereby agree as follows:

**1.<u>Transition; Termination of Employment</u>**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)Between the date hereof and September 5, 2025 (the "<u>Transition Date</u>" and such period, the "<u>Transition Period</u>"), Executive shall continue to serve as President, LDI Mortgage of the Company. During the Transition Period, Executive shall (i) continue to report to the Chief Executive Officer and Company's Board of Directors (the "<u>Board</u>"), (ii) unless otherwise directed by the Chief Executive Officer or the Board, continue to perform Executive's duties as required by the Employment Agreement, (iii) provide such services as reasonably required to promote the smooth transition of Executive's duties and responsibilities and such other services as mutually agreed to between the Chief Executive Officer and Executive in writing, (iv) continue to receive Executive's base salary as currently in effect, payable in accordance with the customary payroll practices of the Company, (v) continue to vest in Executive's outstanding equity awards under the loanDepot, Inc. 2021 Omnibus Incentive Plan (the "<u>2021 Plan</u>"), and (vi) remain eligible to participate in all health insurance, 401(k) plans and other fringe benefit and retirement plans for which Executive qualifies and that the Company provides for senior executives, subject to the terms and conditions of such benefit plans. For the avoidance of doubt, Executive shall not be eligible to receive additional equity grants during the Transition Period.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)The Company and Executive acknowledge and agree that Executive's employment with the Company will end as of the Transition Date. Executive's separation from employment shall constitute a voluntary resignation by Executive. As of the Transition Date, Executive will no longer be employed by the Company or any other Company Party (as defined below). Effective as of the Transition Date, Executive hereby resigns (A) as an officer of the Company and its affiliates (as applicable), and (B) from the board of managers, board of directors or similar governing body of any affiliate of the Company and any other corporation, limited liability company, trade organization, or other entity in which the Company or any of its affiliates holds an equity interest or with respect to which board or similar governing body Executive serves solely by reason of being a designee or other representative of the Company or any of its

------

affiliates, as applicable. For the avoidance of doubt, as of the Transition Date, Executive shall no longer represent the Company in any manner and shall not hold himself out as a representative of the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)Notwithstanding anything herein to the contrary, Executive's employment with the Company may end at any time prior to the Transition Date as a result of (i) the Company's termination of Executive's employment with or without Cause, (ii) Executive's resignation or (iii) Executive's death or Disability. For the avoidance of doubt, if Executive's employment is terminated pursuant to the immediately preceding sentence, Executive will be entitled to receive any severance benefits that he would otherwise be entitled to under the terms the Employment Agreement and not the Severance Benefits (as defined below) payable under this Agreement.

**2.<u>Separation Payments and Benefits</u>**. Provided that Executive: (w) is employed through the Transition Date; (x) executes this Agreement and returns a copy of this Agreement that has been executed by Executive to the Company so that it is received by Gregg Smallwood, Chief Legal Officer, 6561 Irvine Center Drive, Irvine, California 92618 (email: gsmallwood@loandepot.com), no later than 5:00 pm PT on August 6, 2025; (y) as set forth in <u>Section 9</u>, executes and returns to the Company a copy of the Confirming Release on the Transition Date and does not revoke the Confirming Release pursuant to the terms of the Confirming Release; and (z) remains in compliance with the other terms and conditions set forth in this Agreement (including <u>Sections 5</u> and <u>6</u>) and the Confirming Release, Executive shall be provided with the following separation payments and benefits (collectively, the "<u>Severance Benefits</u>"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)The Company shall pay to Executive any accrued but unpaid Base Salary and other accrued and unpaid compensation, including any accrued but unpaid vacation, and unreimbursed business expenses (the "Accrued Obligations").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)The Company shall pay Executive an amount equal to twelve (12) months of Executive's Base Salary at the rate in effect at the Transition Date, payable in a lump sum payment, less applicable withholdings, on the next regular Company payday that is at least three (3) business days following the date on which the Confirming Release becomes effective and, in any event, no later than the sixtieth (60th) day following the Transition Date; provided, however, if such sixty (60) day period falls in two different calendar years, payment will be made in the later calendar year (on the next regular Company payday that is at least three (3) business days after the later of the date on which the Confirming Release becomes effective and January 1 of that later calendar year).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)Subject to Executive's timely election of continuation coverage under COBRA, the Company shall directly pay, or reimburse Executive for, the premium for Executive and Executive's covered dependents to maintain continued health coverage pursuant to the provisions of COBRA through the earlier of (A) the 12 month anniversary of the date of Executive's termination of employment and (B) the date Executive and Executive's covered dependents, if any, become eligible for healthcare coverage under another employer's plan(s). Notwithstanding the foregoing, if it is determined the Company is unable to continue to cover Executive under its group health plans without penalty under applicable law (including without limitation, Section 2716 of the Public Health Service Act), then an amount equal to each remaining Company reimbursement or payment that would otherwise be due pursuant to this Section 2(c) shall thereafter be paid to Executive in substantially equal monthly installments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)Notwithstanding anything set forth in an award agreement or incentive plan to the contrary, Executive shall receive a pro-rata portion of Executive's Annual Bonus (for clarity, excluding any Retention Bonus) for the fiscal year in which Executive's termination occurs based on actual achievement of the applicable bonus objectives and/or conditions determined by the Board or a committee of the Board for such year (determined by multiplying the amount of the Annual Bonus that would be payable for the full fiscal year by a fraction, the numerator of which shall be equal to the number of days during the fiscal year of termination that Executive is employed by, and performing services for, the Company and the denominator of which is 365 days), payable, less applicable withholdings, at the same time bonuses for such year are paid to other senior executives of the Company, but in no event later than March 15 of the year following the year of Executive's termination of employment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)Executive's unvested equity awards shall be immediately forfeited; provided, however, that any performance-based award held by Executive shall accelerate based on actual performance

&nbsp;&nbsp;&nbsp;&nbsp;2&nbsp;&nbsp;&nbsp;&nbsp;

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measured to the date of termination, with a 30-day post-termination window during which achievement of applicable performance goals will still qualify.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)Executive's vested but unexercised options will remain exercisable until the earlier of (A) one year following Executive's termination date; or (B) the expiration date of the option.

Executive acknowledges and agrees that the consideration referenced in this <u>Section 2</u> represents the entirety of the amounts Executive is eligible to receive as severance pay and benefits from the Company or any other Company Party. Executive further acknowledges that as of the Transition Date, all outstanding equity awards which remain unvested on the Transition Date shall be forfeited upon the Transition Date for no consideration, and Executive shall have no rights with respect thereto. For the avoidance of doubt, the Transition Date shall be a Termination (as defined in the 2021 Plan).

**3.<u>Release of Liability for Claims</u>**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)For good and valuable consideration, including the Severance Benefits (and any portion thereof), Executive knowingly and voluntarily (for Executive, Executive's family, and Executive's heirs, executors, administrators and assigns) hereby releases and forever discharges the Company and its affiliates, predecessors, successors, subsidiaries and benefit plans, and the foregoing entities' respective equity-holders, officers, directors, managers, members, partners, Executives, agents, representatives, and other affiliated persons, and the Company's and its affiliates' benefit plans (and the fiduciaries and trustees of such plans) (collectively, the "<u>Company Parties</u>"), from liability for, and Executive hereby waives, any and all claims, damages, or causes of action of any kind related to Executive's ownership of any interest in any Company Party, Executive's employment with any Company Party, the termination of such employment, and any other acts or omissions related to such matters occurring on or prior to the date that Executive executes this Agreement, including (i) any alleged violation through such time of: (A) any federal, state or local anti-discrimination, anti-harassment or anti-retaliation law, regulation or ordinance, including the Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991, Sections 1981 through 1988 of Title 42 of the United States Code and the Americans with Disabilities Act of 1990, as amended; (B) the Employee Retirement Income Security Act of 1974 ("<u>ERISA</u>"); (C) the Immigration Reform Control Act; (D) the National Labor Relations Act; (E) the Occupational Safety and Health Act; (F) the Family and Medical Leave Act of 1993; (G) the California Pregnancy Disability Leave law, the California Family Rights Act, the Healthy Workplace Healthy Family Act of 2014, the California Labor Code, the Private Attorneys' General Act (Labor Code§ 2698 et seq.), any Wage Orders issued by the California Industrial Welfare Commission and the California Business and Professionals Code; (H) any federal, state or local wage and hour law; (I) any other local, state or federal law, regulation or ordinance; or (J) any public policy, contract, tort, or common law claim; (ii) any and all rights, benefits or claims Executive may have under any employment contract, incentive compensation plan or equity-based plan with any Company Party or to any ownership interest in any Company Party (including the Employment Agreement and the 2021 Plan); (iii) any claim for compensation or benefits of any kind not expressly set forth in this Agreement; and (iv) any allegation for costs, fees, or other expenses including attorneys' fees incurred in or with respect to any of the foregoing (collectively, the "<u>Released Claims</u>"). This Agreement is not intended to indicate that any such claims exist or that, if they do exist, they are meritorious. Rather, Executive is simply agreeing that, in exchange for any consideration received by Executive pursuant to <u>Section 2</u>, any and all potential claims of this nature that Executive may have against the Company Parties, regardless of whether they actually exist, are expressly settled, compromised and waived. **THIS RELEASE INCLUDES MATTERS ATTRIBUTABLE TO THE SOLE OR PARTIAL NEGLIGENCE (WHETHER GROSS OR SIMPLE) OR OTHER FAULT, INCLUDING STRICT LIABILITY, OF ANY OF THE COMPANY PARTIES.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)Section 1542 of the Civil Code of the State of California ("<u>Section 1542</u>") provides:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS THAT THE CREDITOR OR RELEASING PARTY DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE AND THAT, IF KNOWN BY HIM

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OR HER, WOULD HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR OR RELEASED PARTY.

(d)Executive waives all rights under Section 1542 or any other law or statute of similar effect in any jurisdiction with respect to the Released Claims. Executive acknowledges that Executive understands the significance and specifically assumes the risk regarding the consequences of such release and such specific waiver of Section 1542.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)For the avoidance of doubt, nothing in this Agreement releases Executive's rights to receive payments or benefits pursuant to <u>Sections 1</u> or <u>2</u>. Further, in no event shall the Released Claims include (i) any claim that arises after the date that Executive signs this Agreement; (ii) any claim to unemployment benefits, worker's compensation or vested benefits under an employee benefit plan that is subject to ERISA; (iii) any claim for breach of, or otherwise arising out of, this Agreement; (iv) any claim that relates to any rights of indemnification afforded Executive by statute, common law or contract, including any insurance coverage maintained by or on behalf of the Company; or (v) Executive's right to file and pursue a civil action or complaint under the California Fair Employment and Housing Act. Further notwithstanding this release of liability, nothing in this Agreement prevents Executive from filing any non-legally waivable claim (including a challenge to the validity of this Agreement) with the Equal Employment Opportunity Commission ("<u>EEOC</u>") or comparable state or local agency or participating in (or cooperating with) any investigation or proceeding conducted by the EEOC or comparable state or local agency or cooperating in any such investigation or proceeding; however, Executive understands and agrees that Executive is waiving any and all rights to recover any monetary or personal relief from a Company Party as a result of such EEOC or comparable state or local agency or proceeding or subsequent legal actions. Further, nothing in this Agreement prohibits or restricts Executive from (A) filing a charge or complaint with, or cooperating in any investigation with, the Securities and Exchange Commission, the Financial Industry Regulatory Authority, or any other governmental agency, entity or authority (each, a "<u>Government Agency</u>"), (B) reporting violations of U.S. federal or state laws or regulations to a Government Agency, (C) making disclosures that are protected under U.S. federal and state whistleblower laws and regulations or (D) accepting any monetary reward in connection therewith. Nothing herein shall prevent Executive from discussing or disclosing information regarding unlawful acts in the workplace, such as harassment, discrimination or any other conduct that Executive has reason to believe is unlawful.

**4.<u>Representations and Warranties Regarding Claims</u>**. Executive represents and warrants that, as of the time at which Executive signs this Agreement, Executive has not filed or joined any claims, complaints, charges, or lawsuits against any of the Company Parties with any governmental agency or with any state or federal court or arbitrator for, or with respect to, a matter, claim, or incident that occurred or arose out of one or more occurrences that took place on or prior to the time at which Executive signs this Agreement (excluding, for the avoidance of doubt, any whistleblower complaints protected under applicable law), and Executive is not aware of any violation of any law, rule or regulation or any other misconduct by the Company or any of its officers or employees. Executive further represents and warrants that Executive has not made any assignment, sale, delivery, transfer or conveyance of any rights Executive has asserted or may have against any of the Company Parties with respect to any Released Claim.

**5.<u>Covenants</u>**. The Parties acknowledge and agree that Executive has certain continuing obligations to the Company and its affiliates pursuant to the Employment Agreement regarding proprietary information, confidentiality, non-disparagement, and non-interference and the Company has continuing obligations to Executive pursuant to the Employment Agreement regarding non-disparagement (collectively, the "<u>Covenants</u>"). For the avoidance of doubt, Executive's obligations pursuant to Section 6.2 of the Employment Agreement shall cease as of the Transition Date. In entering into this Agreement, the Parties acknowledge the continued effectiveness and enforceability of the Covenants, and the Parties expressly reaffirm their commitment to abide by, and agrees that the Parties will abide by, the terms of the Covenants.

**6.<u>Defense of Claims; Cooperation</u>**. Upon reasonable request from the Company, Executive shall use commercially reasonable efforts to cooperate with the Company and its affiliates in the defense of any

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claims or actions made by or against the Company or any of its affiliates that relate to Executive's actual or prior areas of responsibility or knowledge. Executive shall further use commercially reasonable efforts to provide reasonable and timely cooperation in connection with any actual or threatened claim, action, inquiry, review, investigation, process, or other matter by or before any court, arbitrator, regulatory, or governmental entity, and by or on behalf of the Company or any of its affiliates, that relates to Executive's actual or prior areas of responsibility or knowledge. Executive will be reimbursed by the Company for reasonable out-of-pocket expenses incurred by Executive in connection with fulfilling Executive's obligations under this <u>Section 6</u>.

**7.<u>Indemnification; D&O Insurance</u>**. Through the Transition Date, Executive shall continue to be indemnified by the Company to the fullest extent permitted under Delaware law and in accordance with the Director and Officer Indemnification Agreement, dated February 16, 2021, between the Company and Executive (the "<u>Indemnification Agreement</u>") and shall continue to be covered by directors and officers liability insurance. For the six-year period following the Transition Date, the Company will maintain directors and officers liability insurance coverage with respect to all services provided by Executive to the Company during Executive's employment with the Company.

**8.<u>Executive's Acknowledgements</u>**. By executing and delivering this Agreement, Executive expressly acknowledges that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)Executive has been given sufficient time to review and consider this Agreement. If Executive signs this Agreement before the expiration date set forth in <u>Section 2</u>, Executive has knowingly and voluntarily waived any longer consideration period than the one provided to Executive and such earlier signature was not induced by the Company through fraud, misrepresentation or a threat to withdraw or alter this Agreement prior to such expiration.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)Executive is receiving, pursuant to this Agreement, consideration in addition to anything of value to which Executive is already entitled;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)Executive has been advised, and hereby is advised in writing, to discuss this Agreement with an attorney of Executive's choice and that Executive has had an adequate opportunity to do so prior to executing this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)Executive fully understands the final and binding effect of this Agreement; the only promises made to Executive to sign this Agreement are those stated herein; Executive is signing this Agreement knowingly, voluntarily and of Executive's own free will with the full intent of releasing the Company Parties of all claims; Executive acknowledges and agrees that Executive has carefully read this Agreement; and that Executive understands and agrees to each of the terms of this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)The only matters relied upon by Executive in causing Executive to sign this Agreement are the provisions set forth in writing within the four corners of this Agreement and the applicable provisions of the Employment Agreement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)No Company Party has provided any tax or legal advice regarding this Agreement, and Executive has had an adequate opportunity to receive sufficient tax and legal advice from advisors of Executive's own choosing such that Executive enters into this Agreement with full understanding of the tax and legal implications thereof.

**9.<u>Reaffirmation of Release</u>**. On the Transition Date, Executive shall execute the Confirming Release Agreement that is attached as <u>Exhibit A</u> (the "<u>Confirming Release</u>"), and return Executive's executed Confirming Release to the Company so that it is received by Gregg Smallwood, Chief Legal Officer, 6561 Irvine Center Drive, Irvine, California 92618 (email: gsmallwood@loandepot.com) by 11:59 pm PT on the Transition Date.

**10.<u>Choice of Law</u>**. All questions concerning the construction, validity and interpretation of this Agreement will be governed by the law of the State of California without regard to the conflicts of law provisions thereof. With respect to any claim or dispute related to or arising under this Agreement, the Parties hereby consent to the arbitration provisions of Section 8.13 of the Employment Agreement, which

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are incorporated herein by reference, and recognize and agree that should any resort to a court be necessary and permitted under this Agreement, then the Parties consent to the exclusive jurisdiction, forum and venue of the state and federal courts (as applicable) located in California.

**11.<u>Counterparts</u>**. This Agreement may be executed in separate counterparts, any one of which need not contain signatures of more than one Party, but all of which taken together will constitute one and the same Agreement.

**12.<u>Amendment; Entire Agreement</u>**. This Agreement may not be changed orally but only by an agreement in writing agreed to and signed by the Party to be charged. This Agreement, the Indemnification Agreement, the Covenants and, if executed, the Confirming Release, constitute the entire agreement of the Parties with regard to the subject matter hereof and supersede all prior and contemporaneous agreements and understandings, oral or written, between Executive and any Company Party with regard to the subject matter hereof.

**13.<u>Third-Party Beneficiaries</u>**. Executive expressly acknowledges and agrees that any affiliate of the Company that is not a party to this Agreement shall be a third-party beneficiary of Sections <u>3</u>, <u>5</u>, and <u>6</u> and, if executed, the Confirming Release, and entitled to enforce such provisions as if it were a party hereto.

**14.<u>Further Assurances</u>**. Executive shall, and shall cause Executive's affiliates, representatives and agents to, from time to time at the request of the Company and without any additional consideration, furnish the Company with such further information or assurances, execute and deliver such additional documents, instruments and conveyances, and take such other actions and do such other things, as may be reasonably necessary or desirable, as determined in the sole discretion of the Company, to carry out the provisions of this Agreement.

**15.<u>Severability</u>**. Any term or provision of this Agreement (or part thereof) that renders such term or provision (or part thereof) or any other term or provision (or part thereof) hereof invalid or unenforceable in any respect shall be severable and shall be modified or severed to the extent necessary to avoid rendering such term or provision (or part thereof) invalid or unenforceable, and such modification or severance shall be accomplished in the manner that most nearly preserves the benefit of the Parties' bargain hereunder.

**16.<u>Interpretation</u>**. The Section headings have been inserted for purposes of convenience and shall not be used for interpretive purposes. The words "hereof," "herein" and "hereunder" and other compounds of the word "here" shall refer to the entire Agreement and not to any particular provision hereof. The use herein of the word "including" following any general statement, term or matter shall not be construed to limit such statement, term or matter to the specific items or matters set forth immediately following such word or to similar items or matters, whether or not non-limiting language (such as "without limitation", "but not limited to", or words of similar import) is used with reference thereto, but rather shall be deemed to refer to all other items or matters that could reasonably fall within the broadest possible scope of such general statement, term or matter. The word "or" as used herein is not exclusive and is deemed to have the meaning "and/or." Unless the context requires otherwise, all references herein to a law, agreement, instrument or other document shall be deemed to refer to such law, agreement, instrument or other document as amended, supplemented, modified and restated from time to time to the extent permitted by the provisions thereof. Neither this Agreement nor any uncertainty or ambiguity herein shall be construed against any Party, whether under any rule of construction or otherwise. This Agreement has been reviewed by each of the Parties and shall be construed and interpreted according to the ordinary meaning of the words used so as to fairly accomplish the purposes and intentions of the Parties.

**17.<u>No Assignment</u>**. No right to receive payments and benefits under this Agreement shall be subject to set off, offset, anticipation, commutation, alienation, assignment, encumbrance, charge, pledge or hypothecation or to execution, attachment, levy, or similar process or assignment by operation of law.

**18.<u>Withholdings; Deductions</u>**. The Company may withhold and deduct from any payments or benefits made or to be made pursuant to this Agreement (a) all federal, state, local and other taxes as may

&nbsp;&nbsp;&nbsp;&nbsp;6&nbsp;&nbsp;&nbsp;&nbsp;

------

be required pursuant to any law or governmental regulation or ruling and (b) any deductions consented to in writing by Executive.

**19.<u>Section 409A</u>**. This Agreement and the benefits provided hereunder are intended be exempt from, or compliant with, the requirements of Section 409A and shall be construed and administered in accordance with such intent. Each installment payment under this Agreement shall be deemed and treated as a separate payment for purposes of Section 409A. Notwithstanding the foregoing, the Company makes no representations that the benefits provided under this Agreement are exempt from the requirements of Section 409A and in no event shall the Company or any other Company Party be liable for all or any portion of any taxes, penalties, interest or other expenses that may be incurred by Executive on account of non-compliance with Section 409A.

&nbsp;&nbsp;&nbsp;&nbsp;7&nbsp;&nbsp;&nbsp;&nbsp;

------

**IN WITNESS WHEREOF**, the Parties have executed this Agreement as of the dates set forth beneath their names below, effective for all purposes as provided above.

**EXECUTIVE**

<u>/s/ Jeff Walsh&nbsp;&nbsp;&nbsp;&nbsp;</u>

Jeff Walsh

Date:<u>08/05/2025&nbsp;&nbsp;&nbsp;&nbsp;</u>

**LOANDEPOT, INC.**

By: <u>/s/ Anthony Hsieh&nbsp;&nbsp;&nbsp;&nbsp;</u>

Name: <u>Anthony Hsieh&nbsp;&nbsp;&nbsp;&nbsp;</u>

Title: <u>Chief Executive Officer&nbsp;&nbsp;&nbsp;&nbsp;</u>

Date:<u>08/05/2025&nbsp;&nbsp;&nbsp;&nbsp;</u>

Signature Page to

Transition, Separation and Advisory Agreement

and General Release of Claims

------

**<u>EXHIBIT A</u>**

**CONFIRMING RELEASE**

This Confirming Release (the "<u>Confirming Release</u>") is that certain Confirming Release referenced in the Transition, Separation and Advisory Agreement and General Release of Claims (the "<u>Separation Agreement</u>"), entered into on [●], 2025, by and between loanDepot, Inc., a Delaware corporation (the "<u>Company</u>"), and Jeff Walsh ("<u>Executive</u>"). Unless sooner revoked by Executive pursuant to the terms of <u>Section 5</u> below, Executive's acceptance of this Confirming Release becomes irrevocable and this Confirming Release becomes effective on the eighth day after Executive signs it. Capitalized terms used herein that are not otherwise defined have the meanings assigned to them in the Separation Agreement. In signing below, Executive agrees as follows:

**1.<u>Receipt of Leaves and Other Compensation</u>**. Executive acknowledges and agrees that Executive has been paid in full all bonuses, been provided all benefits, and otherwise received all wages, compensation and other sums that Executive has been owed by each Company Party, except with respect to the Severance Benefits. Executive further acknowledges and agrees that Executive has received all leaves (paid and unpaid) that Executive has been entitled to receive from each Company Party.

**2.<u>Release of Liability for Claims</u>**.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)For good and valuable consideration, including the Severance Benefits, Executive knowingly and voluntarily (for Executive, Executive's family, and Executive's heirs, executors, administrators and assigns) hereby releases and forever discharges the Company Parties from liability for, and Executive hereby waives, any and all claims, damages, or causes of action of any kind related to Executive's ownership of any interest in any Company Party, Executive's employment with any Company Party, the termination of such employment, and any other acts or omissions related to such matters occurring on or prior to the date that Executive executes this Confirming Release, including (i) any alleged violation through such time of: (A) any federal, state or local anti-discrimination, anti-harassment or anti-retaliation law, regulation or ordinance, including the Age Discrimination in Employment Act of 1967 (including as amended by the Older Workers Benefit Protection Act), Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991, Sections 1981 through 1988 of Title 42 of the United States Code and the Americans with Disabilities Act of 1990, as amended; (B) ERISA; (C) the Immigration Reform Control Act; (D) the National Labor Relations Act; (E) the Occupational Safety and Health Act; (F) the Family and Medical Leave Act of 1993; (G) California's Fair Employment and Housing Act, the California Pregnancy Disability Leave law, the California Family Rights Act, the Healthy Workplace Healthy Family Act of 2014, the California Labor Code, the Private Attorneys' General Act (Labor Code§ 2698 et seq.), any Wage Orders issued by the California Industrial Welfare Commission and the California Business and Professionals Code; (H) any federal, state or local wage and hour law; (I) any other local, state or federal law, regulation or ordinance; or (J) any public policy, contract, tort, or common law claim; (ii) any and all rights, benefits or claims Executive may have under any employment contract, incentive compensation plan or equity-based plan with any Company Party or to any ownership interest in any Company Party (including the Employment Agreement and the 2021 Plan); (iii) any claim for compensation or benefits of any kind not expressly set forth in this Confirming Release; and (iv) any allegation for costs, fees, or other expenses including attorneys' fees incurred in or with respect to any of the foregoing (collectively, the "<u>Further Released Claims</u>"). This Confirming Release is not intended to indicate that any such claims exist or that, if they do exist, they are meritorious. Rather, Executive is simply agreeing that, in exchange for any consideration received by Executive pursuant to <u>Section 2</u>, any and all potential claims of this nature that Executive may have against the Company Parties, regardless of whether they actually exist, are expressly settled, compromised and waived. **THIS RELEASE INCLUDES MATTERS ATTRIBUTABLE TO THE SOLE OR PARTIAL NEGLIGENCE (WHETHER GROSS OR SIMPLE) OR OTHER FAULT, INCLUDING STRICT LIABILITY, OF ANY OF THE COMPANY PARTIES.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)Section 1542 provides:

Exhibit A

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS THAT THE CREDITOR OR RELEASING PARTY DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE AND THAT, IF KNOWN BY HIM OR HER, WOULD HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR OR RELEASED PARTY.

(d)Executive waives all rights under Section 1542 or any other law or statute of similar effect in any jurisdiction with respect to the Further Released Claims. Executive acknowledges that Executive understands the significance and specifically assumes the risk regarding the consequences of such release and such specific waiver of Section 1542.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)For the avoidance of doubt, nothing in this Confirming Release releases Executive's rights to receive payments or benefits pursuant to Section 2 of the Separation Agreement. Further, in no event shall the Further Released Claims include (i) any claim that arises after the date that Executive signs this Agreement; (ii) any claim to unemployment benefits, worker's compensation or vested benefits under an employee benefit plan that is subject to ERISA; (iii) any claim for breach of, or otherwise arising out of, this Agreement; and (iv) any claim that relates to any rights of indemnification afforded Executive by statute, common law or contract, including any insurance coverage maintained by or on behalf of the Company. Further notwithstanding this release of liability, nothing in this Confirming Release prevents Executive from filing any non-legally waivable claim (including a challenge to the validity of this Confirming Release) with the EEOC or comparable state or local agency or participating in (or cooperating with) any investigation or proceeding conducted by the EEOC or comparable state or local agency or cooperating in any such investigation or proceeding; however, Executive understands and agrees that Executive is waiving any and all rights to recover any monetary or personal relief from a Company Party as a result of such EEOC or comparable state or local agency or proceeding or subsequent legal actions. Further, nothing in this Confirming Release prohibits or restricts Executive from (A) filing a charge or complaint with, or cooperating in any investigation with, any Government Agency, (B) reporting violations of U.S. federal or state laws or regulations to a Government Agency, (C) making disclosures that are protected under U.S. federal and state whistleblower laws and regulations or (D) accepting any monetary reward in connection therewith. Nothing herein shall prevent Executive from discussing or disclosing information regarding unlawful acts in the workplace, such as harassment, discrimination or any other conduct that Executive has reason to believe is unlawful.

**3.<u>Representations and Warranties Regarding Claims</u>**. Executive represents and warrants that, as of the time at which Executive signs this Confirming Release, Executive has not filed or joined any claims, complaints, charges, or lawsuits against any of the Company Parties with any governmental agency or with any state or federal court or arbitrator for, or with respect to, a matter, claim, or incident that occurred or arose out of one or more occurrences that took place on or prior to the time at which Executive signs this Confirming Release (excluding, for the avoidance of doubt, any whistleblower complaints protected under applicable law), and Executive is not aware of any violation of any law, rule or regulation or any other misconduct by the Company or any of its officers or employees. Executive further represents and warrants that Executive has not made any assignment, sale, delivery, transfer or conveyance of any rights Executive has asserted or may have against any of the Company Parties with respect to any Further Released Claim.

**4.<u>Executive's Acknowledgements</u>**. By executing and delivering this Confirming Release, Executive expressly acknowledges that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)Executive has been given at least 21 days to review and consider this Confirming Release. If Executive signs this Confirming Release before the expiration of 21 days after Executive's receipt of this Confirming Release, Executive has knowingly and voluntarily waived any longer consideration period than the one provided to Executive and such earlier signature was not induced by the Company through fraud, misrepresentation or a threat to withdraw or alter this Confirming Release prior to the expiration of such 21-day period. No changes (whether material or immaterial) to this Confirming Release shall restart the running of this 21-day period.

&nbsp;&nbsp;&nbsp;&nbsp;A-2&nbsp;&nbsp;&nbsp;&nbsp;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)Executive is receiving, pursuant to this Confirming Release and the Separation Agreement, consideration in addition to anything of value to which Executive is already entitled;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)Executive has been advised, and hereby is advised in writing, to discuss this Confirming Release with an attorney of Executive's choice and that Executive has had an adequate opportunity to do so prior to executing this Confirming Release;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)Executive fully understands the final and binding effect of this Confirming Release; the only promises made to Executive to sign this Confirming Release are those stated herein and in the Separation Agreement; Executive is signing this Confirming Release knowingly, voluntarily and of Executive's own free will with the full intent of releasing the Company Parties of all claims; Executive acknowledges and agrees that Executive has carefully read the Separation Agreement and this Confirming Release; and that Executive understands and agrees to each of the terms of the Separation Agreement and this Confirming Release;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)The only matters relied upon by Executive in causing Executive to sign this Confirming Release are the provisions set forth in writing within the four corners of the Separation Agreement, this Confirming Release and the applicable provisions of the Employment Agreement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)No Company Party has provided any tax or legal advice regarding this Confirming Release, and Executive has had an adequate opportunity to receive sufficient tax and legal advice from advisors of Executive's own choosing such that Executive enters into this Confirming Release with full understanding of the tax and legal implications thereof.

**5.<u>Revocation Right</u>**. Notwithstanding the initial effectiveness of this Confirming Release, Executive may revoke the delivery (and therefore the effectiveness) of this Confirming Release within the seven-day period beginning on the date Executive executes this Confirming Release (such seven-day period being referred to herein as the "<u>Release Revocation Period</u>"). To be effective, such revocation must be in writing signed by Executive and must be delivered personally or by courier to the Company so that it is received by Gregg Smallwood, Chief Legal Officer, 6561 Irvine Center Drive, Irvine, California 92618 (email: gsmallwood@loandepot.com) no later than 11:59 pm PT on the last day of the Release Revocation Period. If an effective revocation is delivered in the foregoing manner and timeframe, this Confirming Release will be no force or effect and Executive will not receive the Severance Benefits.

**6.<u>Return of Property</u>**. Executive represents and warrants that Executive has permanently surrendered and delivered to the Company all documents (including electronically stored information) and all copies thereof and all other materials of any nature containing or pertaining to all Confidential Information and any other Company property (including any Company-issued computer, mobile device or other equipment) in Executive's possession, custody or control and Executive shall not retain any such documents or other materials or property of the Company or any of its affiliates.

EXECUTIVE HAS CAREFULLY READ THIS CONFIRMING RELEASE, FULLY UNDERSTANDS EXECUTIVE'S AGREEMENT, AND SIGNS IT AS EXECUTIVE'S OWN FREE ACT.

**EXECUTIVE**

<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>

Jeff Walsh

Date:<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>

&nbsp;&nbsp;&nbsp;&nbsp;A-3&nbsp;&nbsp;&nbsp;&nbsp;

## Exhibit 99.1

Exhibit 99.1

**loanDepot announces second quarter 2025 financial results**

**loanDepot Founder Anthony Hsieh appointed as permanent CEO; focused on growth, technology powered efficiency and a return to profitability.**

**Positive Q2 momentum from higher revenue and lower costs.**

*Highlights:*

*• Revenue increased 3% to $283 million and adjusted revenue increased 5% to $292 million compared to the prior quarter on higher pull-though weighted lock volume and servicing income.*

*• Pull-through weighted gain on sale margin decreased 25 basis points to 330 basis points.*

*• Expenses decreased 2% to $315 million, driven primarily by lower general and administrative expenses; volume-related expenses increased 12% to $114 million compared to 30% increase in origination volume reflecting our investments in operating efficiency.*

*• Net loss of $25 million was down 38%, compared with net loss of $41 million in the prior quarter, primarily reflecting higher revenue and lower expenses.*

*• Adjusted net loss of $16 million was down 37%, compared with the prior quarter adjusted net loss of $25 million.*

*• Adjusted EBITDA increased by $7 million to $26 million compared to $18 million in the prior quarter.*

*• Strong liquidity profile with cash balance of $409 million.*

**IRVINE, Calif., August 07, 2025 -** loanDepot, Inc. (NYSE: LDI), (together with its subsidiaries, "loanDepot" or the "Company"), today announced results for the second quarter ended June 30, 2025.

"I am thrilled to return to the helm of the company that I, along with so many members of the team, built from the ground up," said Founder and Chief Executive Officer Anthony Hsieh. "My focus is to return to our roots and drive profitable market share growth fueled by technology innovations that power operating leverage, and ultimately a return to profitability. I believe that loanDepot's unique set of assets - our nationally recognized brand and marketing muscle, our diversified channel strategy, our high-quality servicing portfolio and our exceptional customer experience against the backdrop of a highly fragmented market and the rapid evolution of artificial intelligence - position us to once again disrupt and redefine the industry.

Hsieh continued, "To accelerate the company's forward progress, digital transformation and our goal of returning to market leadership, we added two mortgage technology trailblazers to our team. Chief Digital Officer Dominick Marchetti is responsible for leading the Company's overall digital transformation and strategy. Chief Innovation Officer Sean DeJulia is responsible for driving innovation throughout the loan manufacturing process across all channels. These two brilliant and proven technology leaders bring a deep understanding of both the loan manufacturing process and the competitive landscape, and are trusted leaders who know how to build, inspire and deliver. I am confident that they will accelerate our progress.

Hsieh concluded, " I would also like to take this opportunity to acknowledge LDI Mortgage President, Jeff Walsh who has decided to retire from loanDepot in September. Over the past twelve years, Jeff has played a major role in the growth of the company, most recently leading our production channels. On behalf of the company, I want to thank Jeff for everything he's done to propel our company forward."

Added Chief Financial Officer, David Hayes, "We continued to narrow our loss in the second quarter, thanks to both higher adjusted revenue and lower expenses. Our continued focus on productivity and efficiency initiatives

------

was evident in lower direct origination expenses, even as origination volumes increased. We also maintained a strong balance sheet during the quarter, increasing our unrestricted cash balance by $37 million to a total of $409 million."

**Second Quarter Highlights:** 

**Financial Summary**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Six Months Ended** | **Six Months Ended** |
| ($ in thousands except per share data) <br>(Unaudited) | **Jun 30,<br>2025** | **Mar 31,<br>2025** | **Jun 30,<br>2024** | **Jun 30,<br>2025** | **Jun 30,<br>2024** |
| Rate lock volume | $8560699 | $7637987 | $8298270 | $16198686 | $15100600 |
| Pull-through weighted lock volume<sup>(1)</sup> | 6348060 | 5418685 | 5782309 | 11766745 | 10514145 |
| Loan origination volume | 6734529 | 5173928 | 6090634 | 11908457 | 10648985 |
| Gain on sale margin<sup>(2)</sup> | 3.11% | 3.72% | 3.06% | 3.38% | 2.97% |
| Pull-through weighted gain on sale margin<sup>(3)</sup>  | 3.30% | 3.55% | 3.22% | 3.42% | 3.01% |
| **Financial Results** |  |  |  |  |  |
| Total revenue | $282537 | $273620 | $265390 | $556158 | $488175 |
| Total expense | 314871 | 319723 | 342547 | 634596 | 650496 |
| Net loss | (25273) | (40696) | (65853) | (65969) | (137357) |
| Diluted loss per share | $(0.06) | $(0.11) | $(0.18) | $(0.17) | $(0.37) |
| **Non-GAAP Financial Measures**<sup>(4)</sup> |  |  |  |  |  |
| Adjusted total revenue | $291912 | $278443 | $278007 | $570356 | $508820 |
| Adjusted net loss | (16013) | (25335) | (15890) | (41368) | (55384) |
| Adjusted EBITDA | 25631 | 18298 | 34575 | 43928 | 35078 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)Pull-through weighted rate lock volume is the principal balance of loans subject to interest rate lock commitments, net of a pull-through factor for the loan funding probability.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)Gain on sale margin represents the total of (i) gain on origination and sale of loans, net, and (ii) origination income, net, divided by loan origination volume during period.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)Pull-through weighted gain on sale margin represents the total of (i) gain on origination and sale of loans, net, and (ii) origination income, net, divided by the pull-through weighted rate lock volume.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4)See "Non-GAAP Financial Measures" for a discussion of Non-GAAP Financial Measures and a reconciliation of these metrics to their closest GAAP measure.

**Operational Highlights** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Non-volume<sup>1</sup> related expenses decreased $17.3 million from the first quarter of 2025, primarily due to one-time benefits in salary and general and administrative expenses.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Pull-through weighted lock volume of $6.3 billion for the second quarter of 2025, an increase of $0.9 billion or 17% from the first quarter of 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Loan origination volume for the second quarter of 2025 was $6.7 billion, an increase of $1.6 billion or 30% from the first quarter of 2025.

<sup>1</sup> Volume related expenses include commissions, marketing and advertising expense, and direct origination expense. All remaining expenses are considered non-volume related.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Purchase volume totaled 63% of total loans originated during the second quarter, up from 59% during the first quarter of 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;***•*** Our preliminary organic refinance consumer direct recapture rate<sup>2</sup> increased to 70% from the first quarter 2025's recapture rate of 65%.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Net loss for the second quarter of 2025 of $25.3 million as compared to net loss of $40.7 million in the first quarter of 2025. Net loss narrowed primarily due to higher volume of loan originations and lower expenses, offset somewhat by lower pull-through weighted gain on sale margin.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Adjusted net loss for the second quarter of 2025 was $16.0 million as compared to adjusted net loss of $25.3 million for the first quarter of 2025.

**Outlook for the third quarter of 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Origination volume of between $5.0 billion and $7.0 billion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Pull-through weighted rate lock volume of between $5.25 billion and $7.25 billion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Pull-through weighted gain on sale margin of between 325 basis points and 350 basis points.

**Servicing**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Six Months Ended** | **Six Months Ended** |
| **Servicing Revenue Data:**<br>($ in thousands)<br>(Unaudited) | **Jun 30,<br>2025** | **Mar 31,<br>2025** | **Jun 30,<br>2024** | **Jun 30,<br>2025** | **Jun 30,<br>2024** |
| Due to collection/realization of cash flows | $(42832) | $(36176) | $(42285) | $(79008) | $(78285) |
| Due to changes in valuation inputs or assumptions | 145 | (23689) | 15623 | (23543) | 43867 |
| Realized gains (losses) on sale of servicing rights | 44 | 62 | (3057) | 106 | (3013) |
| Net (losses) gains from derivatives hedging servicing rights | (9564) | 18804 | (25183) | 9239 | (61499) |
| &nbsp;&nbsp;&nbsp;&nbsp;Changes in fair value of servicing rights, net of hedging gains and losses | (9375) | (4823) | (12617) | (14198) | (20645) |
| Other realized losses on sales of servicing rights <sup>(1)</sup> | (169) | (104) | (5885) | (273) | (7126) |
| Changes in fair value of servicing rights, net | $(52376) | $(41103) | $(60787) | $(93479) | $(106056) |
| Servicing fee income | $108209 | $104278 | $125082 | $212487 | $249140 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)Includes the provision for sold MSRs and broker fees.

<sup>2</sup> We define organic refinance consumer direct recapture rate as the total unpaid principal balance ("UPB") of loans in our servicing portfolio that are paid in full for purposes of refinancing the loan on the same property, with the Company acting as lender on both the existing and new loan, divided by the UPB of all loans in our servicing portfolio that paid in full for the purpose of refinancing the loan on the same property. The recapture rate is finalized following the publication date of this release when external data becomes available.

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Six Months Ended** | **Six Months Ended** |
| **Servicing Rights, at Fair Value:**<br>($ in thousands)<br>(Unaudited) | **Jun 30,<br>2025** | **Mar 31,<br>2025** | **Jun 30,<br>2024** | **Jun 30,<br>2025** | **Jun 30,<br>2024** |
| Balance at beginning of period | $1603031 | $1615510 | $1970164 | $1615510 | $1985718 |
| &nbsp;&nbsp;Additions | 66940 | 52686 | 66115 | 119626 | 114491 |
| &nbsp;&nbsp;Sales proceeds | (10474) | (5362) | (439199) | (15837) | (495312) |
| Changes in fair value: |  |  |  |  |  |
| &nbsp;&nbsp;Due to changes in valuation inputs or assumptions | 145 | (23689) | 15623 | (23543) | 43867 |
| &nbsp;&nbsp;Due to collection/realization of cash flows | (42832) | (36176) | (42285) | (79008) | (78285) |
| &nbsp;&nbsp;Realized gains (losses) on sales of servicing rights | 44 | 62 | (3955) | 106 | (4016) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total changes in fair value | (42643) | (59803) | (30617) | (102445) | (38434) |
| Balance at end of period <sup>(1)</sup> | $1616854 | $1603031 | $1566463 | $1616854 | $1566463 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)Balances are net of $19.1 million, $18.5 million, and $16.7 million of servicing rights liability as of June 30, 2025, March 31, 2025, and June 30, 2024, respectively.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | | | **% Change** | **% Change** |
|<br>**Servicing Portfolio Data:**<br>($ in thousands)<br>(Unaudited) | **Jun 30,<br>2025** | **Mar 31,<br>2025** | **Jun 30,<br>2024** | **Jun-25<br>vs<br>Mar-25** | **Jun-25<br>vs<br>Jun-24** |
| Servicing portfolio (unpaid principal balance) | $117539884 | $116604153 | $114278549 | 0.8% | 2.9% |
| Total servicing portfolio (units) | 432764 | 424719 | 403302 | 1.9 | 7.3 |
| 60+ days delinquent ($) | $1641165 | $1789276 | $1457098 | (8.3) | 12.6 |
| 60+ days delinquent (%) | 1.4% | 1.5% | 1.3% |  |  |
| Servicing rights, net to UPB | 1.4% | 1.4% | 1.4% |  |  |

---

------

**Balance Sheet Highlights**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | | | **% Change** | **% Change** |
|<br>($ in thousands)<br>(Unaudited) |<br>**Jun 30,<br>2025** |<br>**Mar 31,<br>2025** |<br>**Jun 30,<br>2024** | **Jun-25<br>vs<br>Mar-25** | **Jun-25<br>vs<br>Jun-24** |
| Cash and cash equivalents | $408623 | $371480 | $533153 | 10.0% | (23.4)% |
| Loans held for sale, at fair value | 2622959 | 2765417 | 2377987 | (5.2) | 10.3 |
| Loans held for investment, at fair value | 111591 | 114447 | 120287 | (2.5) | (7.2) |
| Servicing rights, at fair value | 1635991 | 1621494 | 1583128 | 0.9 | 3.3 |
| Total assets | 6208726 | 6416714 | 5942777 | (3.2) | 4.5 |
| Warehouse and other lines of credit | 2411416 | 2490447 | 2213128 | (3.2) | 9.0 |
| Total liabilities | 5769676 | 5947416 | 5363839 | (3.0) | 7.6 |
| Total equity | 439050 | 469298 | 578938 | (6.4) | (24.2) |

---

A decrease in loans held for sale at June 30, 2025, resulted in a corresponding decrease in the balance on our warehouse lines of credit. Total funding capacity with our lending partners was $4.0 billion at June 30, 2025, and $3.7 billion at March 31, 2025. Available borrowing capacity was $1.6 billion at June 30, 2025.

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**Consolidated Statements of Operations**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| ($ in thousands except per share data)<br>(Unaudited) | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Six Months Ended** | **Six Months Ended** |
|  | **Jun 30,<br>2025** | **Mar 31,<br>2025** | **Jun 30,<br>2024** | **Jun 30,<br>2025** | **Jun 30,<br>2024** |
| **REVENUES:** |  |  |  |  |  |
| Interest income | $40946 | $35070 | $35052 | $76017 | $65977 |
| Interest expense | (39297) | (31762) | (35683) | (71059) | (67349) |
| &nbsp;&nbsp;Net interest income (expense) | 1649 | 3308 | (631) | 4958 | (1372) |
| Gain on origination and sale of loans, net | 174810 | 166376 | 166920 | 341186 | 282981 |
| Origination income, net | 34931 | 25858 | 19494 | 60789 | 33099 |
| Servicing fee income | 108209 | 104278 | 125082 | 212487 | 249140 |
| Change in fair value of servicing rights, net | (52376) | (41103) | (60787) | (93479) | (106056) |
| Other income | 15314 | 14903 | 15312 | 30217 | 30383 |
| &nbsp;&nbsp;Total net revenues | 282537 | 273620 | 265390 | 556158 | 488175 |
| **EXPENSES:** |  |  |  |  |  |
| Personnel expense | 154116 | 150161 | 141036 | 304277 | 275354 |
| Marketing and advertising expense | 37878 | 38250 | 31175 | 76128 | 59529 |
| Direct origination expense | 20456 | 21954 | 21550 | 42411 | 39721 |
| General and administrative expense | 39727 | 44132 | 73160 | 83860 | 130905 |
| Occupancy expense | 4133 | 4295 | 5204 | 8429 | 10314 |
| Depreciation and amortization | 6379 | 7666 | 8955 | 14045 | 18398 |
| Servicing expense | 8184 | 10000 | 8467 | 18183 | 16728 |
| Other interest expense | 43998 | 43265 | 53000 | 87263 | 99547 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total expenses | 314871 | 319723 | 342547 | 634596 | 650496 |
| Loss before income taxes  | (32334) | (46103) | (77157) | (78438) | (162321) |
| Income tax benefit | (7061) | (5407) | (11304) | (12469) | (24964) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net loss | (25273) | (40696) | (65853) | (65969) | (137357) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net loss attributable to noncontrolling interests | (11885) | (18800) | (33642) | (30686) | (70891) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net loss attributable to loanDepot, Inc.  | $(13388) | $(21896) | $(32211) | $(35283) | $(66466) |
| &nbsp;&nbsp;&nbsp;&nbsp;Basic loss per share | $(0.06) | $(0.11) | $(0.18) | $(0.17) | $(0.37) |
| &nbsp;&nbsp;&nbsp;&nbsp;Diluted loss per share | $(0.06) | $(0.11) | $(0.18) | $(0.17) | $(0.37) |
| &nbsp;&nbsp;Weighted average shares outstanding |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Basic | 207948195 | 200792570 | 182324046 | 204370382 | 181863195 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diluted | 207948195 | 200792570 | 182324046 | 204370382 | 181863195 |

---

------

**Consolidated Balance Sheets**

---

| | | | |
|:---|:---|:---|:---|
| ($ in thousands) | **Jun 30,<br>2025** | **Mar 31,<br>2025** | **Dec 31,<br>2024** |
|  | (Unaudited) | (Unaudited) |  |
| **ASSETS** |  |  |  |
| &nbsp;&nbsp;Cash and cash equivalents | $408623 | $371480 | $421576 |
| &nbsp;&nbsp;Restricted cash | 69478 | 74247 | 105645 |
| &nbsp;&nbsp;Loans held for sale, at fair value | 2622959 | 2765417 | 2603735 |
| &nbsp;&nbsp;Loans held for investment, at fair value | 111591 | 114447 | 116627 |
| &nbsp;&nbsp;Derivative assets, at fair value | 69841 | 49762 | 44389 |
| &nbsp;&nbsp;Servicing rights, at fair value | 1635991 | 1621494 | 1633661 |
| &nbsp;&nbsp;Trading securities, at fair value | 86071 | 87355 | 87466 |
| &nbsp;&nbsp;Property and equipment, net | 60036 | 60192 | 61079 |
| &nbsp;&nbsp;Operating lease right-of-use asset | 25716 | 22682 | 20432 |
| &nbsp;&nbsp;Loans eligible for repurchase | 882346 | 1022924 | 995398 |
| &nbsp;&nbsp;Investments in joint ventures | 18262 | 18214 | 18113 |
| &nbsp;&nbsp;Other assets | 217812 | 208500 | 235907 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | $6208726 | $6416714 | $6344028 |
| **LIABILITIES AND EQUITY** |  |  |  |
| &nbsp;&nbsp;**LIABILITIES:** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Warehouse and other lines of credit | $2411416 | $2490447 | $2377127 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounts payable and accrued expenses | 358553 | 368276 | 379439 |
| &nbsp;&nbsp;&nbsp;&nbsp;Derivative liabilities, at fair value | 19100 | 13453 | 25060 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liability for loans eligible for repurchase | 882346 | 1022924 | 995398 |
| &nbsp;&nbsp;&nbsp;&nbsp;Operating lease liability | 36323 | 34821 | 33190 |
| &nbsp;&nbsp;&nbsp;&nbsp;Debt obligations, net | 2061938 | 2017495 | 2027203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 5769676 | 5947416 | 5837417 |
| &nbsp;&nbsp;**EQUITY:** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total equity | 439050 | 469298 | 506611 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities and equity | $6208726 | $6416714 | $6344028 |

---

------

**Loan Origination and Sales Data**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| <br>($ in thousands)<br>(Unaudited) | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Six Months Ended** | **Six Months Ended** |
| <br>($ in thousands)<br>(Unaudited) | **Jun 30,<br>2025** | **Mar 31,<br>2025** | **Jun 30,<br>2024** | **Jun 30,<br>2025** | **Jun 30,<br>2024** |
| **Loan origination volume by type:** |  |  |  |  |  |
| &nbsp;&nbsp;Conventional conforming | $2967898 | $2118866 | $3311617 | $5086764 | $5856820 |
| &nbsp;&nbsp;FHA/VA/USDA | 2616977 | 2121208 | 2271104 | 4738185 | 3925129 |
| &nbsp;&nbsp;Jumbo | 422732 | 319390 | 150666 | 742122 | 226460 |
| &nbsp;&nbsp;Other | 726922 | 614464 | 357247 | 1341386 | 640576 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total | $6734529 | $5173928 | $6090634 | $11908457 | $10648985 |
| **Loan origination volume by purpose:** | **Loan origination volume by purpose:** |  |  |  |  |
| &nbsp;&nbsp;Purchase | $4263771 | $3063914 | $4383145 | $7327685 | $7679418 |
| &nbsp;&nbsp;Refinance - cash out | 1978142 | 1847176 | 1562827 | 3825318 | 2706509 |
| &nbsp;&nbsp;Refinance - rate/term | 492616 | 262838 | 144662 | 755454 | 263058 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total | $6734529 | $5173928 | $6090634 | $11908457 | $10648985 |
| **Loans sold:** |  |  |  |  |  |
| &nbsp;&nbsp;Servicing retained | $4296646 | $3453710 | $4011399 | $7750356 | $6997940 |
| &nbsp;&nbsp;Servicing released | 2645958 | 1713963 | 1893515 | 4359921 | 3346327 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total | $6942604 | $5167673 | $5904914 | $12110277 | $10344267 |

---

&nbsp;&nbsp;&nbsp;&nbsp;

**Second Quarter Earnings Call**

Management will host a conference call and live webcast today at 5:00 p.m. ET to discuss the Company's financial and operational highlights followed by a question-and-answer session.

The conference call can be accessed by registering online at https://registrations.events/direct/Q4I4144737 at which time registrants will receive dial-in information as well as a conference ID. At the time of the call, participants will dial in using the participant number and conference ID provided upon registration.

A live audio webcast of the conference call will also be available via the Company's website, investors.loandepot.com, under Events & Presentation tab. A replay of the webcast will be made available on the Investor Relations website following the conclusion of the event.

For more information about loanDepot, please visit the company's Investor Relations website: investors.loandepot.com.

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**Non-GAAP Financial Measures**

To provide investors with information in addition to our results as determined by GAAP, we disclose certain non-GAAP measures to assist investors in evaluating our financial results. We believe these non-GAAP measures provide useful information to investors regarding our results of operations because each measure assists both investors and management in analyzing and benchmarking the performance and value of our business. They facilitate company-to-company operating performance comparisons by backing out potential differences caused by variations in hedging strategies, changes in valuations, capital structures (affecting interest expense on non-funding debt), taxation, the age and book depreciation of facilities (affecting relative depreciation expense), and other cost or benefit items which may vary for different companies for reasons unrelated to operating performance. These non-GAAP measures include our Adjusted Total Revenue, Adjusted Net Income (Loss), Adjusted Diluted Weighted Average Shares Outstanding, and Adjusted EBITDA (LBITDA). We exclude from these non-GAAP financial measures the change in fair value of MSRs, gains (losses) from the sale of MSRs and related hedging gains and losses that represent realized and unrealized adjustments resulting from changes in valuation, mostly due to changes in market interest rates, and are not indicative of the Company's operating performance or results of operation. We have excluded expenses directly related to the cybersecurity incident in January 2024 that resulted from unauthorized access to our systems (the "Cybersecurity Incident"), net of insurance recoveries during fiscal 2024, such as costs to investigate and remediate the Cybersecurity Incident, the costs of customer notifications and identity protection, and professional fees, including legal expenses, litigation settlement costs, and commission guarantees. We also exclude stock-based compensation expense, which is a non-cash expense, gains or losses on extinguishment of debt and disposal of fixed assets, and impairment charges to operating lease right-of-use assets, as well as certain costs associated with our restructuring efforts, as management does not consider these costs to be indicative of our performance or results of operations. Adjusted EBITDA (LBITDA) includes interest expense on funding facilities, which are recorded as a component of "net interest income (expense)," as these expenses are a direct operating expense driven by loan origination volume. By contrast, interest expense on our non-funding debt is a function of our capital structure and is therefore excluded from Adjusted EBITDA (LBITDA). Adjustments for income taxes are made to reflect historical results of operations on the basis that it was taxed as a corporation under the Internal Revenue Code, and therefore subject to U.S. federal, state, and local income taxes. Adjustments to Diluted Weighted Average Shares Outstanding assumes the pro forma conversion of weighted average Class C common stock to Class A common stock. These non-GAAP measures have limitations as analytical tools and should not be considered in isolation or as a substitute for revenue, net income, or any other operating performance measure calculated in accordance with GAAP, and may not be comparable to a similarly titled measure reported by other companies. Some of these limitations are:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• They do not reflect every cash expenditure, future requirements for capital expenditures or contractual commitments;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Adjusted EBITDA (LBITDA) does not reflect the significant interest expense or the cash requirements necessary to service interest or principal payment on our debt;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Although depreciation and amortization are non-cash charges, the assets being depreciated and amortized will often have to be replaced or require improvements in the future, and Adjusted Total Revenue, Adjusted Net Income (Loss), and Adjusted EBITDA (LBITDA) do not reflect any cash requirement for such replacements or improvements; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• They are not adjusted for all non-cash income or expense items that are reflected in our statements of cash flows.

Because of these limitations, Adjusted Total Revenue, Adjusted Net Income (Loss), Adjusted Diluted Weighted Average Shares Outstanding, and Adjusted EBITDA (LBITDA) are not intended as alternatives to total revenue, net income (loss), net income (loss) attributable to the Company, or Diluted Earnings (Loss) Per Share or as an indicator of our operating performance and should not be considered as measures of discretionary cash available to us to invest in the growth of our business or as measures of cash that will be available to us to meet our obligations. We

------

compensate for these limitations by using Adjusted Total Revenue, Adjusted Net Income (Loss), Adjusted Diluted Weighted Average Shares Outstanding, and Adjusted EBITDA (LBITDA) along with other comparative tools, together with U.S. GAAP measurements, to assist in the evaluation of operating performance. See below for a reconciliation of these non-GAAP measures to their most comparable U.S. GAAP measures.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Reconciliation of Total Revenue to Adjusted Total Revenue** <br>($ in thousands)<br>(Unaudited) | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Six Months Ended** | **Six Months Ended** |
| **Reconciliation of Total Revenue to Adjusted Total Revenue** <br>($ in thousands)<br>(Unaudited) | **Jun 30,<br>2025** | **Mar 31,<br>2025** | **Jun 30,<br>2024** | **Jun 30,<br>2025** | **Jun 30,<br>2024** |
| Total net revenue | $282537 | $273620 | $265390 | $556158 | $488175 |
| &nbsp;&nbsp;Valuation changes in servicing rights, net of hedging gains and losses<sup>(1)</sup> | 9375 | 4823 | 12617 | 14198 | 20645 |
| Adjusted total revenue | $291912 | $278443 | $278007 | $570356 | $508820 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)Represents the change in the fair value of servicing rights due to changes in valuation inputs or assumptions, net of gains or losses from derivatives hedging servicing rights.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Reconciliation of Net Loss to Adjusted Net Loss**<br>($ in thousands)<br>(Unaudited) | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Six Months Ended** | **Six Months Ended** |
| **Reconciliation of Net Loss to Adjusted Net Loss**<br>($ in thousands)<br>(Unaudited) | **Jun 30,<br>2025** | **Mar 31,<br>2025** | **Jun 30,<br>2024** | **Jun 30,<br>2025** | **Jun 30,<br>2024** |
| Net loss attributable to loanDepot, Inc. | $(13388) | $(21896) | $(32211) | $(35283) | $(66466) |
| Net loss from the pro forma conversion of Class C common stock to Class A common stock <sup>(1)</sup> | (11885) | (18800) | (33642) | (30686) | (70891) |
| &nbsp;&nbsp;Net loss | (25273) | (40696) | (65853) | (65969) | (137357) |
| &nbsp;&nbsp;Adjustments to the benefit for income taxes<sup>(2)</sup> | 2937 | 4901 | 8838 | 7791 | 18616 |
| Tax-effected net loss  | (22336) | (35795) | (57015) | (58178) | (118741) |
| &nbsp;&nbsp;&nbsp;&nbsp;Valuation changes in servicing rights, net of hedging gains and losses<sup>(3)</sup> | 9375 | 4823 | 12617 | 14198 | 20645 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stock-based compensation expense | (2256) | 5716 | 5898 | 3460 | 10753 |
| &nbsp;&nbsp;&nbsp;&nbsp;Restructuring charges<sup>(4)</sup> | 157 | 2121 | 3127 | 2278 | 5252 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cybersecurity incident<sup>(5)</sup> | 301 | 788 | 26942 | 1089 | 41640 |
| &nbsp;&nbsp;&nbsp;&nbsp;Loss (gain) on extinguishment of debt |  |  | 5680 |  | 5680 |
| &nbsp;&nbsp;&nbsp;&nbsp;Loss (gain) on disposal of fixed assets | 11 | 17 |  | 28 | (28) |
| &nbsp;&nbsp;&nbsp;&nbsp;Other impairment (recovery)<sup>(6)</sup> |  | 5 | 1193 | 5 | 1192 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tax effect of adjustments<sup>(7)</sup> | (1265) | (3010) | (14332) | (4248) | (21777) |
| Adjusted net loss | $(16013) | $(25335) | $(15890) | $(41368) | $(55384) |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)Reflects net loss to Class A common stock and Class D common stock from the pro forma exchange of Class C common stock.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)loanDepot, Inc. is subject to federal, state and local income taxes. Adjustments to the benefit for income taxes reflect the income tax rates below, and the pro forma assumption that loanDepot, Inc. owns 100% of LD Holdings.

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Six Months Ended** | **Six Months Ended** |
| | **Jun 30,<br>2025** | **Mar 31,<br>2025** | **Jun 30,<br>2024** | **Jun 30,<br>2025** | **Jun 30,<br>2024** |
| Statutory U.S. federal income tax rate | 21.00% | 21.00% | 21.00% | 21.00% | 21.00% |
| State and local income taxes (net of federal benefit) | 3.71 | 5.07 | 5.27 | 4.39% | 5.26% |
| Effective income tax rate | 24.71% | 26.07% | 26.27% | 25.39% | 26.26% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)Represents the change in the fair value of servicing rights due to changes in valuation inputs or assumptions, net of gains or losses from derivatives hedging servicing rights, and gains (losses) from the sale of MSRs.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4)Reflects employee severance expense and professional services associated with restructuring efforts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5)Represents expenses directly related to the Cybersecurity Incident, net of insurance recoveries during fiscal 2024, including costs to investigate and remediate the Cybersecurity Incident, the costs of customer notifications and identity protection, professional fees including legal expenses, litigation settlement costs, and commission guarantees.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6)Represents lease impairment on corporate and retail locations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7)Amounts represent the income tax effect using the aforementioned effective income tax rates, excluding certain discrete tax items.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Reconciliation of Diluted Weighted Average Shares Outstanding to Adjusted Diluted Weighted Average Shares Outstanding**<br>(Unaudited) | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Six Months Ended** | **Six Months Ended** |
| **Reconciliation of Diluted Weighted Average Shares Outstanding to Adjusted Diluted Weighted Average Shares Outstanding**<br>(Unaudited) | **Jun 30,<br>2025** | **Mar 31,<br>2025** | **Jun 30,<br>2024** | **Jun 30,<br>2025** | **Jun 30,<br>2024** |
| **Share Data:** | | | | | |
| Diluted weighted average shares of Class A common stock and Class D common stock outstanding  | 207948195 | 200792570 | 182324046 | 204370382 | 181863195 |
| Assumed pro forma conversion of weighted average Class C common stock to Class A common stock <sup>(1)</sup> | 121881530 | 127290603 | 142803534 | 124561094 | 142863473 |
| Adjusted diluted weighted average shares outstanding | 329829725 | 328083173 | 325127580 | 328931476 | 324726668 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)Reflects the assumed pro forma exchange and conversion of Class C common stock.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Reconciliation of Net Loss to Adjusted EBITDA** <br>($ in thousands)<br>(Unaudited) | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Six Months Ended** | **Six Months Ended** |
| **Reconciliation of Net Loss to Adjusted EBITDA** <br>($ in thousands)<br>(Unaudited) | **Jun 30,<br>2025** | **Mar 31,<br>2025** | **Jun 30,<br>2024** | **Jun 30,<br>2025** | **Jun 30,<br>2024** |
| Net loss | $(25273) | $(40696) | $(65853) | $(65969) | $(137357) |
| Interest expense - non-funding debt <sup>(1)</sup> | 43998 | 43265 | 53000 | 87263 | 99547 |
| Income tax benefit | (7061) | (5407) | (11304) | (12469) | (24964) |
| Depreciation and amortization | 6379 | 7666 | 8955 | 14045 | 18398 |
| Valuation changes in servicing rights, net of hedging gains and losses<sup>(2)</sup> | 9375 | 4823 | 12617 | 14198 | 20645 |
| Stock-based compensation expense | (2256) | 5716 | 5898 | 3460 | 10753 |
| Restructuring charges<sup>(3)</sup> | 157 | 2121 | 3127 | 2278 | 5252 |
| Cybersecurity incident<sup>(4)</sup> | 301 | 788 | 26942 | 1089 | 41640 |
| Loss (gain) on disposal of fixed assets | 11 | 17 |  | 28 | (28) |
| Other impairment <sup>(5)</sup> |  | 5 | 1193 | 5 | 1192 |
| Adjusted EBITDA | $25631 | $18298 | $34575 | $43928 | $35078 |

---

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)Represents other interest expense, which includes gain or loss on extinguishment of debt and amortization of debt issuance costs and debt discount, in the Company's consolidated statements of operations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)Represents the change in the fair value of servicing rights due to changes in valuation inputs or assumptions, net of gains or losses from derivatives hedging servicing rights, and gains (losses) from the sale of MSRs.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)Reflects employee severance expense and professional services associated with restructuring efforts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4)Represents expenses directly related to the Cybersecurity Incident, net of insurance recoveries during fiscal 2024, including costs to investigate and remediate the Cybersecurity Incident, the costs of customer notifications and identity protection, professional fees including legal expenses, litigation settlement costs, and commission guarantees.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5)Represents lease impairment on corporate and retail locations.

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**Forward-Looking Statements**

This press release and related management commentary contain, and responses to investor questions may contain, forward-looking statements that can be identified by the fact that they do not relate strictly to historical or current facts and may contain the words "believe," "anticipate," "expect," "intend," "plan," "predict," "estimate," "project," "will be," "will continue," "will likely result," or other similar words and phrases or future or conditional verbs such as "will," "may," "might," "should," "would," or "could" and the negatives of those terms. Examples of forward-looking statements include, but are not limited to, statements about future operations, performance, financial condition, profitability, competitive advantages, prospects, use of artificial intelligence plans, strategies, focus areas, profitable market share growth, technology initiatives, leadership capabilities and expense management.

These forward-looking statements are based on current available operating, financial, economic and other information, and are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict, including but not limited to, the following: our ability to achieve the expected benefits of our strategic plans and priorities and the success of other business initiatives; our ability to achieve profitability; our loan production volume; our ability to maintain an operating platform and management system sufficient to conduct our business; our ability to maintain warehouse lines of credit and other sources of capital and liquidity; our ability to effectively utilize artificial intelligence; impacts of cybersecurity incidents, cyberattacks, information or security breaches and technology disruptions or failures, of ours or of our third party vendors; the outcome of legal proceedings to which we are a party; our ability to finalize our definitive settlement agreement and favorably resolve other matters related to the Cybersecurity Incident; adverse changes in macroeconomic and U.S residential real estate and mortgage market conditions, including changes in interest rates and changes in global trade policy and tariffs; changing federal, state and local laws, as well as changing regulatory enforcement policies and priorities; and other risks detailed in the "Risk Factors" section of loanDepot, Inc.'s Annual Report on Form 10-K for the year ended December 31, 2024, as well as any subsequent filings with the Securities and Exchange Commission. Therefore, current plans, anticipated actions, and financial results, as well as the anticipated development of the industry, may differ materially from what is expressed or forecasted in any forward-looking statement. loanDepot does not undertake any obligation to publicly update or revise any forward-looking statement to reflect future events or circumstances, except as required by applicable law.

**About loanDepot**

Since its launch in 2010, loanDepot (NYSE: LDI) has revolutionized the mortgage industry with digital innovations that make transacting easier, faster and less stressful for customers and originators alike. The company, which is licensed in all 50 states, helps its customers achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. loanDepot is also committed to serving the communities in which its team lives and works through a variety of local and national philanthropic efforts.

**Investor Relations Contact:**

Gerhard Erdelji

Senior Vice President, Investor Relations

(949) 822-4074

gerdelji@loandepot.com

**Media Contact:**

Rebecca Anderson

Senior Vice President, Communications & Public Relations

(949) 822-4024

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rebeccaanderson@loandepot.com

LDI-IR

## Exhibit 99.2

![](a2q25investorpresentatio001.jpg)

2Q 2025 INVESTOR PRESENTATION August 7, 2025 Exhibit 99.2

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![](a2q25investorpresentatio002.jpg)

We make the American Dream of home possible. Partnering with homeowners throughout the lifecycle of the homeownership journey. Finding An Agent Serving the Buyer First Time Homebuyer Veteran / Active Duty Move Up / Downsize Relocation Local referral Supporting The Purchase Servicing the Mortgage Optimizing the Journey Title Services Escrow/ Closing Homeowners Insurance Building Trust Continuing Customer Relationship Facilitate additional lending opportunities HELOC Closed-End Second Refinance 2 Managing the Home Solar Finance Home Security Home Renovation Solutions for Aging in Place

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3 SECOND QUARTER FACT SHEET Financial Operational • Originations: $6.7 billion in funded volume, within the range of guidance • Total Revenue: $282.5 million on $6.3 billion of pull-through weighted lock volume; Adjusted revenue\* of $291.9 million • Total Expenses: decreased by $4.9 million, or ~2% from the first quarter of 2025 • Primarily reflecting one-time lower general and administrative expenses and salary expenses, somewhat offset by higher volume-related costs • Net loss of $25 million vs. $41 million in first quarter 2025 • Adjusted net loss\* of $16 million and adjusted EBITDA\* of $26 million compared to adjusted net loss\* of $25 million and adjusted EBITDA\* of $18 million in the prior quarter • Liquidity: Unrestricted cash of $409 million • Founder and Chairman of the Board Anthony Hsieh named permanent CEO • Focused on returning the Company to profitability, gaining market share, leapfrogging the industry with new technical capabilities, and developing products and services that delight our customers • Servicing: Increase in UPB from the fourth quarter of 2024 to $117.5 billion, retention 62% of loans sold • Purchase Mix: 63% of originations during the second quarter, up from 59% during the first quarter of 2025 • Organic Refinance Consumer Direct Recapture Rate(1): Increased to 70% for the quarter compared to 65% in first quarter 2025 • Unit Market Share: 159 basis points in the quarter 2025 vs. 187 basis points in first quarter 2025 • Purchase Unit Market Share: 128 basis points in the quarter vs. 126 basis points in first quarter 2025 (1) We define organic refinance consumer direct recapture rate as the total unpaid principal balance ("UPB") of loans in our servicing portfolio that are paid in full for purposes of refinancing the loan on the same property, with the Company acting as lender on both the existing and new loan, divided by the UPB of all loans in our servicing portfolio that paid in full for the purpose of refinancing the loan on the same property. The recapture rate is finalized following the publication date of this release when external data becomes available. \*Non-GAAP measure. See Appendix for reconciliation.

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A Nationwide Lender SCALED ORIGINATOR DELIVERING CUSTOMERS A COMPLETE SOLUTION The loanDepot Ecosystem Established Scalable Infrastructure 2010 to 2012 Diversification & Expansion 2013 to 2015 Brand, Technology & Operational Transformation 2016 to 2021 Vision 2025 2022 To 2024 • Launched with the goal of disrupting mortgage • Created scalable platform and infrastructure • Expanded in-market retail reach through acquisitions • Leveraged infrastructure to launch LD Wholesale • Strategic decision to begin retaining servicing • Launched proprietary mello® technology • Grew servicing book with long-term relationships to a half million loanDepot customers • Launched mellohome and melloInsurance • Acquired leading title insurance company • Formed mello® focused on mortgage adjacent, digital-first products and services • Repositioned the Company for long term value creation • Purpose driven sustainable lending • Simplified operational structure and increased operating leverage • Maintained strong balance sheet liquidity • Additions to executive team to position company for next era • Launch of HELOC 4 Title Insurance Escrow Services Homeowners Insurance First Mortgage Home Equity Solutions Current2025+ • Responsible, profitable market share growth • AI driven customer and relationship management • Operational excellence • Innovative product development, aspiring to double purchase originations • Low-cost producer generating durable margins and profitability

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ORIGINATION GROWTH RELATIVE TO INDUSTRY (1) Calculated as LDI origination volume, in dollars, divided by total mortgage originations, in dollars, for 1-4 family homes, as measured by MBA as of 6/20/2025 Note: Pull through weighted rate lock volume is the unpaid principal balance of loans subject to interest rate lock commitments, net of a pull-through factor for the loan funding probability 5 Purchase Mix % : ($ in billions) Total Market Share (%)(1) 1.5% 73% 71% 1.5% 76% 1.5% 72% 1.2% 72% 1.4% 66% 1.4% 1.5% 58% 1.3% 59% 1.2% 63%

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HISTORICAL COST STRUCTURE COMPARISON ($M) 6 Salaries Other Interest Marketing Commissions Other G&A FTEs Direct Origination Expense (1) Excluding Cybersecurity Incident-related (2) Represents expenses directly related to the Cybersecurity Incident, net of actual and expected insurance recoveries, including costs to investigate and remediate the Cybersecurity Incident, the costs of customer notifications and identity protection, professional fees including legal expenses, litigation settlement costs, and commission guarantees. Expense to Note: Restructuring Charge 3.1 1.9 0.1 2.1 0.2 Loss of Disposal of Fixed Assets and Other 1.2 - (0.7) - - Impairments/(Recoveries) Accruals for Expected Legal Settlements (1) (0.8) - - - (5.0) (Gain) Loss on Extinguishment of Debt 5.7 - - - - Cybersecurity Incident (2) 26.9 (18.9) 1.9 0.8 0.3 Total 36.1 (17.0) 1.3 2.9 (4.5)

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HISTORICAL SERVICING PORTFOLIO TREND 7 ($ in billions) Retention %(2) : Recapture %(1) : (1) Recapture rate as defined on page 3. (2) Portion of loan origination volume that was sold servicing retained in the period divided by total sold volume in the period. (3) At time of origination, stratifications for agency (FHLMC, FNMA, GNMA) portfolio only. Excludes HELOC Total Serv Exp$ to Avg. UPB $, bps: 68% 70% 2.0 61% 71% 2.6 60% 75% 2.8 67% 65% 2.6 W.A. Coupon 3.90% W.A. FICO 728 W.A. LTV 75% W.A. Age (Mths) 40.1 DQ Rate 60D+ 1.4% Composition GSE 55.0% Gov't 35.1% Other 9.9% Portfolio @ 06/30/25³ $114 $115 $116 $117 $118 137 133 139 137 138 - 20 40 60 80 100 120 140 $50 $70 $90 $110 $130 $150 Q2 '24 Q3 '24 Q4 '24 Q1 '25 Q2'25 UPB $ MSR FV, bps 62% 70% 2.4

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STRONG LIQUIDITY AND BALANCE SHEET 8 Unrestricted Cash ($M) 9% 8% 7% 6% 7%

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9 Q3 2025 OUTLOOK\* Metric Low High Pull-through Weighted Rate Lock Volume ($bn) $5.25 $7.25 Origination Volume ($bn) $5.0 $7.0 Pull-through Weighted GOS Margin, bps 325 350 Current Market Conditions • High interest rates and the cumulative impact of home price appreciation continues to adversely impact home affordability and borrower demand • Limited supply of new and resale homes continues to adversely impact homebuying activity • Homeowner equity levels drive demand for cash-out refinance and home equity solutions • Ongoing market volatility affecting housing demand and mortgage interest rates \*Outlook reflects current interest rate environment, seasonality, channel mix, and competitive pressures Total Expenses Higher, primarily driven by higher non-volume related costs that exclude one-time benefits recognized during the second quarter

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APPENDIX

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BALANCE SHEET & SERVICING PORTFOLIO HIGHLIGHTS 11 $ in MM except units and % 2Q '25 1Q '25 2Q '24 2Q '25 vs 1Q'25 2Q'25 vs 2Q'24 Cash and cash equivalents 408.6 371.5 533.2 10.0% -23.4% Loans held for sale, at fair value 2,623.0 2,765.4 2,378.0 -5.2% 10.3% Servicing rights, at fair value 1,636.0 1,621.5 1,583.1 0.9% 3.3% Total assets 6,208.7 6,416.7 5,942.8 -3.2% 4.5% Warehouse and other lines of credit 2,411.4 2,490.4 2,213.1 -3.2% 9.0% Total liabilities 5,769.7 5,947.4 5,363.8 -3.0% 7.6% Total equity 439.1 469.3 578.9 -6.4% -24.2% Servicing portfolio (unpaid principal balance) 117,540 116,604 114,279 0.8% 2.9% Total servicing portfolio (units) 432,764 424,719 403,302 1.9% 7.3% 60+ days delinquent ($) 1,641.2 1,789.3 1,457.1 -8.3% 12.6% 60+ days delinquent (%) 1.4% 1.5% 1.3% N/A N/A Servicing rights, net to UPB 1.4% 1.4% 1.4% N/A N/A

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NON-GAAP FINANCIAL RECONCILIATION 12 2Q '25 1Q '25 2Q '24 282.5 273.6 265.4 9.4 4.8 12.6 291.9 278.4 278.0 (25.3) (40.7) (65.9) 44.0 43.3 53.0 (7.1) (5.4) (11.3) 6.4 7.7 9.0 9.4 4.8 12.6 (2.3) 5.7 5.9 0.2 2.1 3.1 0.3 0.8 26.9 - - 1.2 25.6 18.3 34.6 Interest Expense - Non-Funding Debt Other impairment (recovery) Adjusted EBITDA (LBITDA) ($MM) Income Tax (Benefit) Expense Depreciation and Amortization Valuation changes in Servicing Rights, Net of Hedge Stock-Based Compensation Expense Restructuring Charges Cyber Incident Total Net Revenue Valuation changes in Servicing Rights, Net of Hedge Adjusted Total Revenue Net (Loss) Income

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NON-GAAP FINANCIAL RECONCILIATION (CONT'D) 13 2Q '25 1Q '25 2Q '24 (25.3) (40.7) (65.9) Adjustments to Income Taxes 2.9 4.9 8.8 (22.3) (35.8) (57.0) Valuation changes in in Servicing Rights, Net of Hedge 9.4 4.8 12.6 Stock-Based Compensation Expense (2.3) 5.7 5.9 Restructuring Charges 0.2 2.1 3.1 Cyber Incident 0.3 0.8 26.9 Extinguishment of debt - - 5.7 Other (Recovery) Impairment - - 1.2 Tax Effect of Adjustments (1.3) (3.0) (14.3) (16.0) (25.3) (15.9) ($MM) Adjusted Net Income (Loss) Net Income (Loss) Tax-Effected Net Income (Loss)

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DISCLAIMER 14 Forward-Looking Statements and Other Information This presentation contains, and responses to questions may contain, forward-looking statements that can be identified by the fact that they do not relate strictly to historical or current facts and may contain the words "believe," "anticipate," "expect," "intend," "plan," "predict," "estimate," "project," "will be," "will continue," "will likely result," or other similar words and phrases or future or conditional verbs such as "will," "may," "might," "should," "would," or "could" and the negatives of those terms. Examples of forward-looking statements include, but are not limited to, statements about future operations, performance, financial condition, profitability, competitive advantages, prospects, use of artificial intelligence plans, strategies, focus areas profitable market share growth, technology initiatives, leadership capabilities and expense management. These forward-looking statements are based on current available operating, financial, economic and other information, and are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict, including but not limited to, the following: our ability to achieve the expected benefits of our strategic plans and priorities and the success of other business initiatives; our ability to achieve profitability; our loan production volume; our ability to maintain an operating platform and management system sufficient to conduct our business; our ability to maintain warehouse lines of credit and other sources of capital and liquidity; our ability to effectively utilize artificial intelligence; impacts of cybersecurity incidents, cyberattacks, information or security breaches and technology disruptions or failures, of ours or of our third party vendors; the outcome of legal proceedings to which we are a party; our ability to reach a definitive settlement agreement related to the cybersecurity incident; adverse changes in macroeconomic and U.S residential real estate and mortgage market conditions, including changes in interest rates and changes in global trade policy and tariffs; changing federal, state and local laws, as well as changing regulatory enforcement policies and priorities; and other risks detailed in the "Risk Factors" section of loanDepot, Inc.'s Annual Report on Form 10-K for the year ended December 31, 2024, as well as any subsequent filings with the Securities and Exchange Commission. Therefore, current plans, anticipated actions, and financial results, as well as the anticipated development of the industry, may differ materially from what is expressed or forecasted in any forward-looking statement. loanDepot does not undertake any obligation to publicly update or revise any forward-looking statement to reflect future events or circumstances, except as required by applicable law. Non-GAAP Financial Information To provide investors with information in addition to our results as determined by GAAP, we disclose certain non-GAAP measures to assist investors in evaluating our financial results. We believe these non- GAAP measures provide useful information to investors regarding our results of operations because each measure assists both investors and management in analyzing and benchmarking the performance and value of our business. They facilitate company-to-company operating performance comparisons by backing out potential differences caused by variations in hedging strategies, changes in valuations, capital structures (affecting interest expense on non-funding debt), taxation, the age and book depreciation of facilities (affecting relative depreciation expense), and other cost or benefit items which may vary for different companies for reasons unrelated to operating performance. These non-GAAP measures include our Adjusted Total Revenue, Adjusted Net Income (Loss), and Adjusted EBITDA (LBITDA). We exclude from these non-GAAP financial measures the change in fair value of MSRs, gains (losses) from the sale of MSRs and related hedging gains and losses that represent realized and unrealized adjustments resulting from changes in valuation, mostly due to changes in market interest rates, and are not indicative of the Company's operating performance or results of operation. We have excluded expenses directly related to the cybersecurity incident in January 2024 that resulted from unauthorized access to our systems (the "Cybersecurity Incident"), net of insurance recoveries during fiscal 2024, such as costs to investigate and remediate the Cybersecurity Incident, the costs of customer notifications and identity protection, and professional fees, including legal expenses, litigation settlement costs, and commission guarantees. We also exclude stock-based compensation expense, which is a non-cash expense, gains or losses on extinguishment of debt and disposal of fixed assets, and impairment charges to operating lease right-of-use assets, as well as certain costs associated with our restructuring efforts, as management does not consider these costs to be indicative of our performance or results of operations. Adjusted EBITDA (LBITDA) includes interest expense on funding facilities, which are recorded as a component of "net interest income (expense)," as these expenses are a direct operating expense driven by loan origination volume. By contrast, interest expense on our non-funding debt is a function of our capital structure and is therefore excluded from Adjusted EBITDA (LBITDA). Adjustments for income taxes are made to reflect historical results of operations on the basis that it was taxed as a corporation under the Internal Revenue Code, and therefore subject to U.S. federal, state and local income taxes. These non-GAAP measures have limitations as analytical tools and should not be considered in isolation or as a substitute for revenue, net income, or any other operating performance measure calculated in accordance with GAAP, and may not be comparable to a similarly titled measure reported by other companies. Market and Industry Data This presentation also contains information regarding the loanDepot's market and industry that is derived from third-party research and publications. That information may rely upon a number of assumptions and limitations, and the Company has not independently verified its accuracy or completeness.

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