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LoanDepot Considering IPO at Up to $15 Billion Valuation

  • IPO would follow debut of market leader Rocket Cos. in August
  • Mortgage provider considered going public five years ago

Mortgage lender LoanDepot is taking steps toward rebooting plans for an initial public offering, about five years after scrapping one at the last minute, according to people with knowledge of the matter.

The company could be worth $12 billion to $15 billion in an IPO, said one of the people, who asked to not be identified because the matter isn’t public.