loanDepot Class Action Settlements
All class action lawsuits and settlements involving loanDepot.
Last updated: April 28, 2026 · By Class Action Buddy
loanDepot, one of America's largest non-bank mortgage lenders, has faced significant legal challenges resulting in class action settlements that affected millions of consumers. The company has been involved in 1 major class action settlement to date, with the most notable being a $25 million data breach settlement that provided compensation up to $5,000 per eligible claimant. This cybersecurity settlement arose from a 2022 data breach that compromised sensitive personal and financial information of approximately 16.6 million customers, including Social Security numbers, bank account details, and loan information. The breach forced loanDepot to temporarily shut down systems and led to widespread concerns about the company's data protection practices. While this particular settlement has now expired with a deadline of May 27, 2025, it demonstrated the significant financial exposure companies face when customer data is compromised. Class action settlements like these typically require specific documentation to prove eligibility and damages, which can make the claims process complex for individual consumers. Understanding your rights and the claims process is essential when these situations arise. Class Action Buddy simplifies the entire claims filing process, helping you navigate requirements, gather necessary documentation, and submit your claim correctly to maximize your potential recovery.
Past loanDepot Settlements (1)
These settlements have closed but are part of loanDepot's class action history.
$25M loanDepot data breach class action settlement
Up to $5,000The $25M loanDepot data breach settlement paid $5-$70 to customers affected by the January 2024 breach. California residents received additional payments. Learn about similar settlements.
loanDepot Class Action FAQs
How do I know if I qualify for a loanDepot class action settlement?
You may qualify for the $25 million loanDepot data breach settlement if you were a customer whose personal information was compromised in their 2022 cybersecurity incident. To determine eligibility, you would need to check if you received notice of the breach or had an active loan or account with loanDepot during the affected period.
Has loanDepot settled any class action lawsuits?
Yes, loanDepot reached a $25 million settlement in a class action lawsuit related to a data breach that exposed customers' personal information. This settlement resolved claims that the company failed to adequately protect customer data from cyber criminals.
What was the loanDepot data breach settlement amount?
The loanDepot data breach class action settlement was for $25 million. This settlement compensated customers whose personal information was compromised in the company's cybersecurity incident.
Is the loanDepot class action settlement still accepting claims?
The $25 million loanDepot data breach settlement is no longer active and is not currently accepting new claims. Settlement payments and claim periods have already been completed for this case.
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