The Loan Depot Scandal & BIG Changes for 2025 | Ep. 564

D.O. dives into the breaking Loan Depot class action lawsuit and its potential ripple effects across the mortgage industry. D.O. explains how LO compensation practices are under fire—drawing parallels to the seismic impact of the NAR commission lawsuit.  00:00:00 - The Loan Depot Lawsuit: Setting the Stage 00:04:22 - D.O.’s Health Update and Personal Reflections 00:05:00 - Breakdown of the Loan Depot Class Action Lawsuit 00:14:04 - Industry-Wide Implications and Regulatory Concerns 00:16:25 - Main Allegations Against Loan Depot 00:23:52 - What’s Next for LOs and the Industry?