LoanDepot Is Said to Mull IPO at Up to $15 Billion Valuation

Mortgage lender LoanDepot is taking steps toward rebooting plans for an initial public offering, about five years after scrappingone 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.

The company has held discussions with potential underwriters for an IPO that could come as soon as soon as the fourth quarter, the people said. No final decision has been made and its plans could change.

“We continue to ...