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September 4, 2014

Nonbank Lender LoanDepot Moves Into Consumer Loans

By Paul Muolo

Originating unsecured consumer loans can be a risky venture, but LoanDepot says it wants to drive growth. Of course, it doesn't have any public shareholders to answer to.

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With the spring homebuying season in full swing, what percentage of your March 2017 application volume has been for “purchase” loans?

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