Items Tagged with 'mello'

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  • Chad Smith out as head of direct lending at loanDepot

    Served in role for just nine months
    Despite playing a prominent role at the unveiling of the loanDepot’s new $100 million facility less than three weeks ago, Chad Smith is now out as loanDepot’s head of direct lending. The reason for Smith’s departure is unknown as are the company’s plans to replace him. When asked about Smith’s departure by HousingWire, the company simply confirmed that Smith is no longer with the company.
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  • loanDepot names Tammy Richards chief operations officer

    Richards named to newly created role
    loanDepot announced this week the addition of Tammy Richards to its executive team in the newly created role of chief operations officer for enterprise mortgage operations. Richards will oversee about 1,600 of the company’s team members and be responsible for the growth and refinement of loan production, as well as managing underwriting, processing, credit policy, funding/closing processes, and quality controls, the company explained.
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  • loanDepot unveils ambitions to expand beyond lending into entire real estate transaction

    Wants to connect approved homebuyers with real estate agents
    loanDepot is already one of the nation’s largest mortgage lenders, but now, the company wants to become a much larger part of the home buying process. On Tuesday, loanDepot unveiled an ambitious new plan that will see the lender expand beyond simply lending a borrower the money to buy a home into facilitating the entire real estate transaction.
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  • loanDepot adds top 1% loan originator to team

    Brian Decker closed 2016 with more than $204 million in sales
    Brian Decker, a top 1% loan originator, will serve as the retail lending manager for loanDepot's new Temecula, California, lending location. In 2016, Decker closed 586 loans with more than $204 million in sales.
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  • loanDepot expands executive leadership team, adding two new EVPs

    New execs will oversee marketing and next-generation lending
    loanDepot announced an expansion of its executive leadership team with the creation of two new positions, appointing Eric Gutierrez as its executive vice president of marketing, and Pat Flanagan as executive vice president of Next Generation Lending. Both will report to CEO Anthony Hsieh.
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