Loandepot is trading 5.96% down at $0.69 after the Federal Reserve raised its benchmark rate by 25 basis points to 3.75%-4.00% on September 16, 2026, while signaling another possible hike by December.
- Higher rates and Treasury yields near 5% pressure mortgage pricing and rate-sensitive lenders.
- No fresh company-specific catalyst was identified; the prior NYSE price-compliance notice remains a background risk.
- Broader markets weakened as stronger August retail sales reduced expectations for near-term rate cuts, pressuring mortgage-related equities.