loanDepot cyber incident affects up to 16.9M individuals; expects $12-17M Q1 costs

loanDepot, Inc.

Cybersecurity incident impacts sensitive personal information of up to 16.9 million individuals.
Company expects $12 to $17 million in Q1 2024 expenses net of insurance recovery.
Company has been named defendant in multiple lawsuits seeking monetary and injunctive relief.
Incident contained; law enforcement and regulatory engagement ongoing.
Company does not expect incident to materially impact full year 2024 results.

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