loanDepot
Rating Overview
Rating Criteria
Rating Criteria Detail
Corporate Weaponization
Criteria:
Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.
Risk Level:
LowerRationale:
loanDepot has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (1).
Criteria:
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Risk Level:
LowerRationale:
loanDepot does not appear to discriminate against charitable organizations based on views or beliefs (1).
Criteria:
Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.
Risk Level:
MediumRationale:
loanDepot does not provide viewpoint protections for its employees (1).
Corporate Governance and Public Policy
Criteria:
Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.
Risk Level:
MediumRationale:
loanDepot supports DEI within its business practices. From the website “Beyond cultivating a diverse workforce, loanDepot plays an important role in championing industry diversity at a national level. The company actively supports organizations like the National Association of Hispanic Real Estate Professionals, the National Association of Real Estate Brokers, the Asian Real Estate Association of America, the LGBTQ+ Real Estate Alliance, and others through national and local chapter participation that includes volunteer leadership and advocacy around issues that affect home buyers and homeowners. Further, company representatives regularly attend and participate in presentations and panel discussions on diversity and inclusive housing policy at industry conferences.” (1) Otherwise, loanDepot has not supported ideological causes or policies (2).
Criteria:
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Risk Level:
LowerRationale:
loanDepot has not used corporate funds to advance ideological causes, organizations, or policies(1).