Nearly one year after it postponed its initial public offering due to market conditions, loanDepot announced it went a different route to gain capital. This time around, loanDepot said it closed $150 million in term debt financing. But while the method to get the capital changed, the purpose hasn’t. http://www.housingwire.com/articles/37805-plan-b-loandepot-closes-on-150m-in-capital-transaction ❤️ #share #mortgage
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