LoanDepot boosts revenue, sells servicing to restructure debt

Pending $25 million settlement of January cyberattack adds to $66 million second-quarter net loss, but executives say they're in a better position to grow after selling $29 billion in mortgage servicing rights.

Pending $25 million settlement of January cyberattack adds to $66 million second-quarter net loss, but executives say they’re in a better position to grow after selling $29 billion in mortgage servicing rights. Pending $25 million settlement of January cyberattack adds to $66 million second-quarter net loss, but executives say they’re in a better position to grow after selling $29 billion in mortgage servicing rights. 

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