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Moody's changes LD Holdings view to stable
Moody's Investors Service said it affirmed LD Holdings Group, LLC's (loanDepot) B1 corporate family rating and B2 senior unsecured bond rating.
loanDepot's outlook has been changed to stable from positive.
Moody's said the change in loanDepot's outlook to stable from positive reflects a drop in the company's capitalization and Moody's expectation that it will have lower profitability over the next 12-18 months.
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