20210111

Online mortgage lender loanDepot files for an estimated $1.5 billion IPO

loanDepot, a nonbank lender focused on mortgages and unsecured personal loans, filed on Monday with the SEC to raise up to $100 million in an initial public offering. However, this is likely a placeholder for a deal we estimate could raise up to $1.5 billion.  loanDepot pre

source https://www.nasdaq.com/articles/online-mortgage-lender-loandepot-files-for-an-estimated-%241.5-billion-ipo-2021-01-11

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