loanDepot is a technology-driven residential mortgage platform that originates and services mortgage loans through multiple distribution channels including direct consumer, retail partnerships with real estate professionals, and joint ventures with homebuilders. The company generates revenue from three primary sources: origination of conventional and government-backed purchase mortgages and refinance loans; servicing of mortgage loans for which it earns contractual servicing fees and ancillary charges; and ancillary services including title insurance and escrow services. loanDepot finances loan originations through warehouse credit facilities and securitization, selling loans to government-sponsored enterprises or non-agency investors in the secondary mortgage market, with gains realized from loan sales, premiums, and fair value adjustments.