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Stock impact report

loanDepot Partners With Betenbough Companies to Launch New Home Lending Company Serving West Texas Buyers

loanDepot, Inc. Class A (LDI) 
Company Research Source: Business Wire
IRVINE, Calif.--(BUSINESS WIRE)--loanDepot, Inc. (NYSE: LDI) (together with its subsidiaries, “loanDepot” or the “Company”) today announced a strategic partnership with Betenbough Companies, to launch Olive Branch Home Loans, a new mortgage company led by Paul Boecker that will serve homebuyers across West Texas.This model marks the first of its kind under loanDepot’s newly expanded partnership channel that offers home builders and their affiliates a flexible, scalable pathway to develop their own mortgage operations while leveraging loanDepot’s industry expertise, wholesale capabilities, and customer service infrastructure.“By combining Betenbough Companies’ deep understanding of local home buyers with loanDepot’s operational and customer service expertise, this collaboration puts the customer first, streamlining the process from application to closing and making homeownership more accessible, efficient, and personalized. It also serves as a reproducible playbook for builders nat Show less Read more
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