U.S. mortgage lender loanDepot has fallen victim to a cyberattack, prompting the company to take swift action by temporarily shutting down its IT systems and online payment portals.
With approximately 6,000 employees and a loan servicing portfolio exceeding $140 billion, loanDepot is a major nonbank retail mortgage lender in the United States.
LoanDepot has confirmed that the cyber incident involved unauthorized third-party access to certain systems, resulting in the encryption of data. As a response, the company took steps to contain the breach, shut down affected systems, and initiated measures to secure its business operations. Despite these efforts, the company is still evaluating whether the incident will have a material impact on its operations.
