People Movers

loanDepot expands its leadership team with key hire

Steve Kay joins the company as VP of strategic alliances

loanDepot, a non-bank provider of direct-to-consumer loans, recently welcomed Steve Kay to the leadership team of its retail lending channel, in a move the company anticipates will champion growth.

“loanDepot is positioned for unprecedented growth in 2020, thanks to the vision and direction of Anthony Hsieh,” said Brigitte Ataya, loanDepot’s vice president of retail sales strategy. “I am excited to welcome this seasoned professional and respected leader in his field to augment our world-class retail team.”

Kay, who has been appointed as the company’s vice president of strategic alliances, will now be responsible for cultivating key partnerships and programs aimed at enhancing the home buying experience for consumers.

As a mortgage industry veteran, Kay has extensive experience in the alliance space, holding similar roles at several companies, including Summit Funding, Bank of America, and Countrywide Home Loans.

Kay said he’s looking forward to assisting his new team in growing business.

“loanDepot’s investment in this specialized area will translate into tremendous value for our branch managers and loan consultants,” Kay said. “I look forward to capitalizing on the growth opportunities in all of our markets and assisting the entire loanDepot team in growing their business at the national, regional and local levels.”

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