Loandepot, Inc. · NYSE:LDI
Loandepot — Q2 2025 Earnings Presentation
14 slides from Loandepot's earnings presentation, Aug 7, 2025
Slide 1: 2Q 2025 Investor Presentation
2Q 2025 INVESTOR PRESENTATION August 7, 2025 Exhibit 99.2
Slide 2: We make the American Dream of home possible
We make the American Dream of home possible. Partnering with homeowners throughout the lifecycle of the homeownership journey. Finding An Agent Serving the Buyer First Time Homebuyer Veteran / Active Duty Move Up / Downsize Relocation Local referral Supporting The Purchase Servicing the Mortgage Opt
Slide 3: Second Quarter Fact Sheet
3 SECOND QUARTER FACT SHEET Financial Operational • Originations: $6.7 billion in funded volume, within the range of guidance • Total Revenue: $282.5 million on $6.3 billion of pull-through weighted lock volume; Adjusted revenue* of $291.9 million • Total Expenses: decreased by $4.9 million, or ~2%
Slide 4: A Nationwide Lender
A Nationwide Lender SCALED ORIGINATOR DELIVERING CUSTOMERS A COMPLETE SOLUTION The loanDepot Ecosystem Established Scalable Infrastructure 2010 to 2012 Diversification & Expansion 2013 to 2015 Brand, Technology & Operational Transformation 2016 to 2021 Vision 2025 2022 To 2024 • Launched with the go
Slide 5: Origination Growth Relative to Industry
ORIGINATION GROWTH RELATIVE TO INDUSTRY (1) Calculated as LDI origination volume, in dollars, divided by total mortgage originations, in dollars, for 1-4 family homes, as measured by MBA as of 6/20/2025 Note: Pull through weighted rate lock volume is the unpaid principal balance of loans subject to
Slide 6: Historical Cost Structure Comparison
HISTORICAL COST STRUCTURE COMPARISON ($M) 6 Salaries Other Interest Marketing Commissions Other G&A FTEs Direct Origination Expense (1) Excluding Cybersecurity Incident-related (2) Represents expenses directly related to the Cybersecurity Incident, net of actual and expected insurance recoveries, in
Slide 7: Historical Servicing Portfolio Trend
HISTORICAL SERVICING PORTFOLIO TREND 7 ($ in billions) Retention %(2) : Recapture %(1) : (1) Recapture rate as defined on page 3. (2) Portion of loan origination volume that was sold servicing retained in the period divided by total sold volume in the period. (3) At time of origination, stratificati
Slide 8: Strong Liquidity and Balance Sheet
STRONG LIQUIDITY AND BALANCE SHEET 8 Unrestricted Cash ($M) 9% 8% 7% 6% 7%
Slide 9: Q3 2025 Outlook
9 Q3 2025 OUTLOOK* Metric Low High Pull-through Weighted Rate Lock Volume ($bn) $5.25 $7.25 Origination Volume ($bn) $5.0 $7.0 Pull-through Weighted GOS Margin, bps 325 350 Current Market Conditions • High interest rates and the cumulative impact of home price appreciation continues to adversely imp
Slide 10: loanDepot
P.e4 loanDepot G Mv
Slide 11: Balance Sheet & Servicing Portfolio Highlights
BALANCE SHEET & SERVICING PORTFOLIO HIGHLIGHTS 11 $ in MM except units and % 2Q '25 1Q '25 2Q '24 2Q '25 vs 1Q'25 2Q'25 vs 2Q'24 Cash and cash equivalents 408.6 371.5 533.2 10.0% -23.4% Loans held for sale, at fair value 2,623.0 2,765.4 2,378.0 -5.2% 10.3% Servicing rights, at fair value 1,636.0 1,6
Slide 12: Non-GAAP Financial Reconciliation
NON-GAAP FINANCIAL RECONCILIATION 12 2Q ’25 1Q ‘25 2Q ‘24 282.5 273.6 265.4 9.4 4.8 12.6 291.9 278.4 278.0 (25.3) (40.7) (65.9) 44.0 43.3 53.0 (7.1) (5.4) (11.3) 6.4 7.7 9.0 9.4 4.8 12.6 (2.3) 5.7 5.9 0.2 2.1 3.1 0.3 0.8 26.9 - - 1.2 25.6 18.3 34.6 Interest Expense - Non-Funding Debt Other impairmen
Slide 13: Non-GAAP Financial Reconciliation (Cont'd)
NON-GAAP FINANCIAL RECONCILIATION (CONT’D) 13 2Q ’25 1Q ‘25 2Q ‘24 (25.3) (40.7) (65.9) Adjustments to Income Taxes 2.9 4.9 8.8 (22.3) (35.8) (57.0) Valuation changes in in Servicing Rights, Net of Hedge 9.4 4.8 12.6 Stock-Based Compensation Expense (2.3) 5.7 5.9 Restructuring Charges 0.2 2.1 3.1 Cy
Slide 14: Disclaimer
DISCLAIMER 14 Forward-Looking Statements and Other Information This presentation contains, and responses to questions may contain, forward-looking statements that can be identified by the fact that they do not relate strictly to historical or current facts and may contain the words “believe,” “antic