loanDepot, a nonbank retail lender, is bringing the servicing of FHA, VA and USDA-funded Ginnie Mae loans in-house.
The move leverages ongoing investment in loanDepot’s servicing platform, allowing the company to scale for operational efficiency and enhanced customer service. Earlier this year, loanDepot began retaining servicing for newly funded Freddie Mac and Fannie Mae loans, while laying the groundwork for Ginnie Mae Mortgage-Backed Securities.
“Servicing our Ginnie Mae loans in-house is important for loanDepot,