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The offering included 11.2 million fewer shares than expected and raised 82% less than anticipated in proceeds. LoanDepot offered 3.9 million shares at $14.
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Navigating the Transition: The Shift in Mortgage Lending Rates The mortgage industry is witnessing a significant shift in lending rates, influencing both lenders and borrowers. This article explores the implications of these changes and strategies for adapting to new market conditions.
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LoanDepot, in Slimmed-Down IPO, Raises Only $54M
Online mortgage lender LoanDepot has raised $54 million in a downsized initial public offering. So reports Renaissance Capital’s IPO Center.
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