Loandepot, Inc. · NYSE:LDI
Loandepot — Q4 2021 Earnings Presentation
8 slides from Loandepot's earnings presentation, Feb 1, 2022
Slide 1: loanDepot, Inc. Q4 2021 Earnings Presentation
LOANDEPOT, INC. (NYSE: LDI) Q4 2021 EARNINGS PRESENTATION February 1, 2022
Slide 2: Disclaimer
DISCLAIMER Forward-Looking Statements and Other Information This presentation may contain "forward-looking statements," which reflect loanDepot's current views with respect to, among other things, its operations and financial performance. You can identify these statements by the use of words such as
Slide 3: Today's Speakers
TODAY’S SPEAKERS ANTHONY HSIEH PATRICK FLANAGAN JEFF WALSH Chief Executive Officer Chief Financial Officer Chief Revenue Officer LoanDepot since 2010 LoanDepot since 2017 LoanDepot since 2010 30+ Years Experience 30+ Years Experience 30+ Years Experience JEFF DERGURAHIAN JOHN LEE Chief Capital Marke
Slide 4: Differentiated Origination Strategy Built for All Markets
DIFFERENTIATED ORIGINATION STRATEGY BUILT FOR ALL MARKETS +3,000 mortgage professionals covering all 50 states RETAIL STRATEGY PARTNER STRATEGY Consumer Direct In-Market Partner High-tech, high-touch service Significant brand investment powered by mello® and +1,650 in- Joint ventures, integrated ref
Slide 5: Positioned to Yield Powerful Results
POSITIONED TO YIELD POWERFUL RESULTS Young and Entrepreneurial Founder- & CEO-led 12 Year Old Company 2021 YoY Purchase Volume Growth: >35% Remarkable Growth 2021 YoY Refinance Volume Growth: >30% Purpose-Built Technology ® Database of over 40 million unique individuals Data Expertise Nearly 10 bill
Slide 6: Q4 '21 Financial Highlights
Q4 ‘21 FINANCIAL HIGHLIGHTS $29 billion 77%/23% $15 million Q4 ‘21 Volume Retail/Partner Volume Split Q4 ‘21 GAAP Net Income $64 million $162 billion 0.6% Q4 ‘21 Adjusted EBITDA UPB of Servicing Portfolio Portfolio in Active Forbearance
Slide 7: Historical Cost Structure Comparison
HISTORICAL COST STRUCTURE COMPARISON Technology and brand investments have improved our expense structure and will continue to reduce costs on an ongoing basis Total Revenue (bps funded 362 bps 338 bps 295 bps 428 bps 272 bps volume): 369 bps Other G&A 354 bps 53 64 Subservicing Expense 11 15 288 bp
Slide 8: Mm QSA
Mm QSA