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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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Innovative Solutions to Address the Rising Demand in Mortgage Lending Discover how innovative digital lending platforms and personalized financial solutions are addressing the rising demand in mortgage lending amidst a dynamic housing market.
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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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