Items Tagged with 'mello Home'

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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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