Anthony Hsieh Fights to Turn Around Struggling loanDepot
loanDepot (LDI) shares have fallen 70% since March due to rising interest rates. The company, with a $264M market cap, may conduct a reverse stock split to comply with NYSE rules. CEO Anthony Hsieh is implementing strategies to boost stock performance, including increasing productivity and launching new products. Q2 revenue rose 18% to $337M, with net losses narrowing to $6.6M.
How this was made

The 30-second read
Why it matters
The CEO's return and Q2 earnings beat expectations provide fresh data for traders evaluating a possible rebound.
Market read
Turnaround news may attract short‑term speculative interest but overall market impact remains limited.
What to watch
Potential reverse split and ongoing regulatory scrutiny could delay any price recovery.
Background
LoanDepot, a publicly traded mortgage originator, has struggled since rate hikes in 2022, falling to sub‑$1 share price and facing NYSE compliance warnings.
Market effects
Mortgage origination sector may see renewed focus on HELOC products.
Limited to U.S. mortgage lenders; no broader market effect.
Low
Counterpoint
Despite the turnaround narrative, the stock may continue to face pressure from low liquidity and exchange compliance risks.
Key entities
- personAnthony Hsieh
Returning CEO and executive chairman of LoanDepot
- companyLoanDepot Inc.
Mortgage originator listed on NYSE under LOAN



