{"schema_version":"secwatch.filing_event.v1","accession":"0001831631-24-000110","form_type":"8-K","ticker":"LDI","cik":"0001831631","company_name":"loanDepot, Inc.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.509922+00:00","generated_at":"2026-06-02T19:54:39.809970+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"loanDepot reports Q1 net loss of $72M; cyber incident cost $15M in charges, $22M lost revenue","bullets":["Revenue $223M (+7% YoY); net loss $72M vs $92M YoY; adjusted net loss $38M.","Cyber incident incurred $15M in direct charges and an estimated $22M revenue loss from system downtime.","Loan origination volume $4.56B; gain on sale margin 2.84%; rate lock volume $6.80B.","Cash balance $604M; achieved 93% of $120M supplemental productivity program through April.","Management expects no further disruptions from cyber incident; focus remains on returning to profitability."],"urls":{"canonical":"https://secwatch.observer/filing/0001831631-24-000110","json":"https://secwatch.observer/filing/0001831631-24-000110.json","markdown":"https://secwatch.observer/filing/0001831631-24-000110.md","text":"https://secwatch.observer/filing/0001831631-24-000110.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1831631/000183163124000110/0001831631-24-000110-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1831631/000183163124000110/ldi-20240507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T19:54:39.809970+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c7912953b539226a2d4cec7fa9771e5336b6c01d","claim":"loanDepot, Inc. reported first quarter ended March 31, 2024 results: revenue $223 million, net income Net loss of $72 million, EPS $(0.19) per diluted share.","evidence_excerpt":"results Positive revenue and cost momentum partially offset by the impact of January cyber incident. Year-over year highlights: • Revenue increased $15 million or 7% to $223 million primarily driven by higher servicing income and pull through weighted gain on sale margin, partially offset by revenue loss due to the cyber incident. • Expenses decreased $7","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1831631/000183163124000110/0001831631-24-000110-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$223 million"},{"label":"Net income","value":"Net loss of $72 million"},{"label":"EPS","value":"$(0.19) per diluted share"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}