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loanDepot • • • loanDepot announces second quarter 2021 financial results Consumer - centric , digital - first , diversified origination strategy drove increased market share against the backdrop of a changing mortgage market Continued investments in brand awareness drove increase in loanDepot's total market share from 2.3 % during the second quarter 2020 to 3.3 % during the second quarter 2021 . Purchase mortgage transactions increased by 31 % from the prior quarter and by 87 % year - over - year demonstrating the power of loanDepot's channel diversity . Achieved record levels of customer impressions and contacts as a result of powerful data science , proprietary artificial intelligence and machine learning models that dramatically widened the Company's top - of - funnel marketing reach . Customer leads increased 31 % from the prior quarter and 57 % year - over - year . Reports quarterly total revenue of $ 779.9 million , diluted earnings per share of $ 0.07 and adjusted diluted earnings per share of $ 0.18 , reflecting lower loan origination volumes and profit margins . FOOTHILL RANCH , Calif . , August 3 , 2021 - loanDepot , Inc. ( NYSE : LDI ) , ( together with its subsidiaries , " loanDepot " or the " Company " ) , the innovative consumer lending and real estate services provider that is using its proprietary melloⓇ technology to deliver best - in - class experiences to its customers , today announced results for the second quarter ended June 30 , 2021 . " Eleven years ago we set out to reshape the mortgage industry with a new , digital - first approach that would thrive across all market conditions . This is why , despite the transition in the mortgage market , we continued to grow in the second quarter with meaningful increases in both market share and purchase loan originations , " said loanDepot Founder and CEO Anthony Hsieh . " We've entered a transitional period and expect to see industry consolidation as some lenders may not be in a position to withstand the headwinds , whereas we are confident and excited for the future . While our revenues were lower on decreased gain on sale margins and rate lock volume during this transitional quarter , our investments and commitment to our core business philosophy continue to fuel our momentum , especially as the industry becomes less fragmented and consumers rightfully demand more robust and integrated products and services from their lender . We will meet and exceed these demands with our just announced loanDepot Grand Slam package that will give homeowners access to real estate , mortgage , title and insurance services within one bundle for their home transaction , increasing ease , speed and peace of mind , all while reducing overall cost to the customer . " " We can express this confidence , " continued Hsieh , " because our diversified channel strategy , which is the industry's only at - scale model of this type , and proprietary mello tech stack allow us to continually reduce costs and maximize operational elasticity , so that our loan manufacturing process is true to any given market environment . These unique capabilities , in addition to our world - class , highly - recognized brand and significant top - of - funnel customer acquisition and data matching capabilities ensure that we will continue to grow , responsibly and productively serving our customers , our employees and our shareholders . We are confident we will continue to accelerate our growth , increase our market share and outperform in the long term . " Current Market Conditions : The second quarter represented a transitional quarter from the record levels of loan origination volume and profit margins in 2020 into an operating environment characterized by : 1 Total market originations based on data as of July 21 , 2021 , from the Mortgage Bankers Association . 1