loanDepot delivered another financial loss in the first quarter of 2024, during which the mortgage lender dealt with the impacts of a cyberattack that brought down its systems.  

The California-based lender recorded a non-GAAP adjusted net loss of $38 million from January to March, compared to a $26.6 million loss in the previous quarter and a $59 million loss in the same period in 2023. By GAAP accounting standards, the net loss in Q1 2024 was $71.5 million, per filings with the Securities and Exchange Commissiondetails ⇒

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