loanDepot, Inc. (LDI) Q1 2025 Earnings Call Transcript

loanDepot, Inc. (NYSE:LDI) Q1 2025 Earnings Conference Call May 6, 2025 5:00 PM ET

Company Participants

Gerhard Erdelji – Senior Vice President, Investor Relations
Anthony Hsieh – Founder and Executive Chairman
Frank Martell – President and Chief Executive Officer
Dave Hayes – Chief Financial Officer

Conference Call Participants

Corey Johnson – UBS

Operator

Good afternoon, and welcome to loanDepot's First Quarter 2025 Earnings Call. All participants are in a listen-only mode. After the speakers' remarks, we will conduct a question-and-answer session. [Operator Instructions] As a reminder, this conference call is being recorded.

I would now like to turn the call over to Gerhard Erdelji, Senior Vice President, Investor Relations. Please go ahead.

Gerhard Erdelji

Thank you and good afternoon, everyone. Thank you for joining our first quarter 2025 earnings call.

Before we begin, I would like to remind everyone that this conference call may include forward-looking statements regarding the company's operating and financial performance in future periods. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including, but not limited to, guidance to our pull-through weighted rate lock volume, origination volume, pull-through weighted gain on sale margin, strategies, capabilities and financial performance. These statements are based on the company's current expectations and available information. Actual results for future periods may differ materially from these forward-looking statements due to risks or other factors that are described in the Risk Factors section of our filings with the SEC.

Our presentation today contains certain non-GAAP financial measures that we believe provide additional insight into analyzing and benchmarking the performance and value of our business and facilitating company-to-company operating performance comparisons. For more details on these non-GAAP financial measures, including reconciliation to the most directly comparable GAAP measures, please refer to today's earnings release, which is available on our website at