CEO Frank Martell recruits former CoreLogic colleague David Hayes as losses pile up and mortgage originations hit another new low. Source: Inman News
Posts published in “anthony hsieh”
The settlement with loanDepot founder Anthony Hsieh ends a proxy fight that broke out in February after Hsieh was ousted as loanDepot’s executive chairman. Source:…
After being ousted as executive chair, Hsieh says he controls enough voting shares to install veteran real estate executive Steve Ozonian on the mortgage lender’s…
The founder is in a spat with the board after nominating real estate veteran Steve Ozonian to serve on the floundering mortgage lender’s board of…
The lender plans to boost revenue by growing purchase loan business and loan servicing portfolio, with digital HELOC also in the works, according to a…
Lender hopes to cut up to $400 million in annual expenses and become profitable by the end of 2022 after rising mortgage rates gut profitable…
LoanDepot will lay off workers and suspend its quarterly dividend after posting a $91.3 million first quarter loss. Source: Inman News
Former CoreLogic CEO Frank Martell will oversee LoanDepot’s daily operations while Hsieh will continue to play “holistic strategic role” as executive chairman. Source: Inman News
Zeenat Sidi, a veteran of SoFi, Capital One and RBC, will serve as president and chief operating officer of the new unit, which will oversee…
LoanDepot founder and CEO Anthony Hsieh has racked up $2.2 million in paper losses on the 3.15 million shares in the company he’s bought since…