Dan Hanson has been named executive director of enterprise partnerships and acquisitions at loanDepot, the lender announced in a press release.
In this newly created position, Hanson will spearhead new revenue opportunities, such as national referral relationships and acquisitions, as well as collaborate with senior leadership to boost profitability.
He will also work to expand loanDepot’s existing programs and partnerships, such as its employer benefits program and Lender Express offering, which provides mortgage products to credit unions and other financial institutions hoping to fill out their offerings.
“Through the execution of our Vision 2025 plan, we’ve done the hard work to ensure we can continue to address the impacts of the current market downturn and still invest in our platform,” said LDI Mortgage President Jeff Walsh.
“This includes driving growth through accretive acquisitions, referral relationships, and other strategic partnerships. Our scale, marketing prowess, industry-leading tech stack, and strong cash reserves all position us well for the next chapter of our history, and Dan will play a critical role in driving our growth and success.”
Hanson has worked with loanDepot since 2011 in various leadership roles, including executive director of in-market production.
In his four-decade career in the mortgage industry, he also held leadership positions at Bank of America and Countrywide. Hanson holds a BA in political science from the University of Redlands.
California-based loanDepot’s leadership has changed drastically this year in the wake of a proxy fight between founder Anthony Hsieh and the company’s Board of Directors.
Though it was resolved back in April, the company has since seen organizational changes such as the hiring of another former CoreLogic exec, David Hates, as CFO. A series of other C-suite execs have left and been replaced.
Its Vision 2025 plan prioritizes “long-term value creation” through organizational restructuring, job cuts, emphasis on outreach to underserved communities, and growing its HELOC business.