Strauss Borrelli PLLC, a leading data breach law firm, is investigating loanDepot, Inc. regarding a recent cybersecurity incident. The loanDepot cybersecurity incident may have involved sensitive personal information belonging to an undetermined number of individuals.
ABOUT LOANDEPOT, INC.:
loanDepot is a digital commerce company and mortgage lender based in California. Founded in 2010, loanDepot offers a variety of home purchase loans, including FHA, VA, Jumbo, adjustable-rate mortgages, and fixed-rate mortgages. Additionally, loanDepot provides home refinance, home equity, and personal loans. As one of the largest retail mortgage lenders and nonbank retail originators in the country, loanDepot has funded more than $275 billion since its inception. Today, loanDepot serves more than 27,000 customers each month.3 Headquartered in Irvine, California, loanDepot has more than 200 locations nationwide and employs over 5,000 individuals.
WHAT HAPPENED?
Recently, loanDepot experienced a cybersecurity incident that impacted the functionality of its systems. In response, loanDepot has taken certain systems offline and is working to understand the extent of the incident and to restore normal business operations. While its investigation is ongoing, loanDepot confirmed that an unauthorized third party gained access to sensitive information of approximately 16.6 million individuals in its systems. On January 4, 2024, loanDepot reported the cybersecurity incident in its Form 8-K filing with the Securities and Exchange Commission.
If you were affected by the loanDepot, Inc. data breach:
We would like to speak with you about your rights and potential legal remedies in response to this data breach. Please fill out the form, below, or contact us at 872.263.1100 or sam@straussborrelli.com.
