LoanDepot Founder Hsieh Named Interim CEO

Dow Jones

2025/05/07

By Adam L. Cataldo

LoanDepot founder and Executive Chairman Anthony Hsieh will run the company on an interim basis after President and Chief Executive Frank Martell moves to a board advisory role in June.

Hsieh will focus on expanding originations and driving innovation through tech enablement, the company said Tuesday. Hsieh, who returned to the company on a day-to-day basis in the first quarter, said loanDepot's strengths put it in a position to regain market share and grow its business.

"Our multi-channel sales model, proprietary mello tech stack, wide product array, powerful brand muscle and our servicing business are foundational places in which loanDepot can win," Hsieh said.

LoanDepots offers digital-first home purchase, refinancing and equity lending products to consumers.

Write to Adam Cataldo at adam.cataldo@wsj.com

(END) Dow Jones Newswires

May 06, 2025 19:12 ET (23:12 GMT)

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Cataldo \n</p>\n<pre>\n \n</pre>\n<p>\n  LoanDepot founder and Executive Chairman Anthony Hsieh will run the company on an interim basis after President and Chief Executive Frank Martell moves to a board advisory role in June. \n</p>\n<p>\n  Hsieh will focus on expanding originations and driving innovation through tech enablement, the company said Tuesday. Hsieh, who returned to the company on a day-to-day basis in the first quarter, said loanDepot's strengths put it in a position to regain market share and grow its business. \n</p>\n<p>\n  \"Our multi-channel sales model, proprietary mello tech stack, wide product array, powerful brand muscle and our servicing business are foundational places in which loanDepot can win,\" Hsieh said. \n</p>\n<p>\n  LoanDepots offers digital-first home purchase, refinancing and equity lending products to consumers. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Adam Cataldo at adam.cataldo@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 06, 2025 19:12 ET (23:12 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LDI","symbol_name":"loanDepot, Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2533969111","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2533969111","pubTimestamp":1746573120,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"LoanDepot founder and Executive Chairman Anthony Hsieh will run the company on an interim basis after President and Chief Executive Frank Martell moves to a board advisory role in June.Hsieh will focus on expanding originations and driving innovation through tech enablement, the company said Tuesday. 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Cataldo \n\n\n \n\n\n  LoanDepot founder and Executive Chairman Anthony Hsieh will run the company on an interim basis after President and Chief Executive Frank Martell moves to a board advisory role in June. \n\n\n  Hsieh will focus on expanding originations and driving innovation through tech enablement, the company said Tuesday. Hsieh, who returned to the company on a day-to-day basis in the first quarter, said loanDepot's strengths put it in a position to regain market share and grow its business. \n\n\n  \"Our multi-channel sales model, proprietary mello tech stack, wide product array, powerful brand muscle and our servicing business are foundational places in which loanDepot can win,\" Hsieh said. \n\n\n  LoanDepots offers digital-first home purchase, refinancing and equity lending products to consumers. \n\n\n \n\n\n  Write to Adam Cataldo at adam.cataldo@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 06, 2025 19:12 ET (23:12 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}