loanDepot shares up 11.24% intraday as Trump directs $200B MBS purchase to lower mortgage rates.
ByAinvest
Friday, Jan 16, 2026 10:24 am ET1min read
LDI--
loanDepot surged 11.24% intraday trading, driven by the Trump administration's directive for federal housing finance agencies to purchase $200 billion in mortgage-backed securities to lower mortgage rates, boosting mortgage-related stocks. The company specializes in home loans, refinancing, and home equity products, benefiting from the favorable policy environment.
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