After a dramatic proxy fight that seemingly led to his downfall, Anthony Hsieh is returning to an executive leadership position at loanDepot while President and CEO Frank Martell steps down. Martell’s departure will be effective at the company’s stockholder meeting in June. He will transition to a Board advisory role. “During Frank’s tenure, loanDepot successfully…
Former CoreLogic exec Melanie Graper has been named chief human resources officer at loanDepot, the company announced in a press release. Graper will lead all aspects of the company’s human capital function. She succeeds Kevin Tackaberry, whose departure was announced last month, and will report to President and CEO Frank Martell. “I’m excited to be…
Just months after a proxy fight that pitted loanDepot founder Anthony Hsieh against his Board of Directors, the company is announcing a series of leadership changes. In a press release, loanDepot said the company is making “organizational changes expected to improve operational efficiency.” Former CoreLogic executive David Hates is joining the company as CFO, starting…
loanDepot has migrated all of its mortgage loans into its in-house servicing platform. The company began moving all loans from its third-party sub-servicer in early 2021, and updated its servicing portal to better serve mortgagees later that year. In January 2022, it successfully moved all FHA, VA, and USDA-funded Ginnie Mae loans into the new…
loanDepot founder and former CEO Anthony Hsieh has stepped down from his executive chairman position as part of a mutual agreement unanimously approved by the company’s Board of Directors. In a press release, the Board explained that the decision arose from a proxy fight started by Hsieh when he sent a letter to loanDepot shareholders…
loanDepot has promoted long-time employee Min Kim to EVP, Marketing and Analytics, the company announced in a press release. Kim has worked at loanDepot since 2012 as director of risk monitoring and reporting, during which time he built a robust risk reporting infrastructure for the company. In 2015 he moved to marketing analytics, quickly earning…
By KIMBERLEY HAAS The CEO of loanDepot says they will continue to focus on their long-term strategy to become the most trusted homeowner fulfillment company in the world after the company released their results for 2021, which show a decline in net income but an increase in market share. Anthony Hsieh, Founder and CEO of…
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