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 joining loanDepot at such a pivotal time in the industry and look forward to partnering with Frank and the executive team to deliver an exceptional experience for loanDepot employees, customers, and shareholders,” said Graper.
Prior to loanDepot, Graper’s most recent position was with CoreLogic as chief human resources officer from 2019 to February of this year and she served on its executive committee.
Graper’s other…
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 June 26, 2023. Current CFO Patrick Flanagan is “departing the company” with no further explanation.
In another major shift, LDI Digital, including mellohome, will be consolidated into the company’s existing production channels. Jeff Walsh, LDI Mortgage President, will oversee the transition, while President Zeenat Sidi is leaving loanDepot as a result of the change.
Chief Accounting Officer Nicole Carrillo and Chief Human Resources Officer Kevin…
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 servicing system.
“Bringing this two-year effort to the finish line is a true testament to loanDepot’s ongoing investment in our in-house servicing capabilities and, in turn, our customers,” said LDI Managing Director of Operations and Servicing Dan Binowitz.
“Providing best-in-class customer service is our top priority and owning the entire customer journey enables us to build loyalty by providing the most hassle-free and streamlined service…
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 indicating he planned to nominate and, by virtue of his 57% combined voting power, instate Steven Ozonian as a director.
Ozonian is CEO of the Williston Financial Group and would have replaced sitting independent director Pamela Hughes Patenaude, a real estate and housing policy expert whose term expires at loanDepot’s annual meeting this year.
Hsieh cited an “urgent need for board refreshment” to combat dwindling…
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 a promotion to SVP of Marketing Analytics. Before loanDepot, Kim worked in risk management for Hyundai Capital America and LendingTree Loans. “It’s been an exciting decade as a member of Team loanDepot, as we have worked to disrupt the mortgage experience and realize our CEO’s vision,” said Kim. “I look forward to taking on my new role, leading the Marketing and BI teams to provide…
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 the California-based company, said they have the tools to pivot and adjust to market trends and their business was purpose-built with periods of pressure in mind. “The results of 2021 are only a preview of what’s to come as we leverage our brand, develop and apply innovative technology solutions, drive down costs and add more products and services to help our customers successfully navigate one…
