Loan Depot CEO Insights and Company Overview

Loan Depot is a leading mortgage lender in the US, with a strong presence in the industry. The company was founded in 1996 by Todd Salmans.

Loan Depot has a wide range of mortgage products, including purchase loans, refinance loans, and home equity loans. The company offers competitive interest rates and flexible loan terms to its customers.

Todd Salmans, the CEO of Loan Depot, has a deep understanding of the mortgage industry and has been instrumental in shaping the company's success. He has over 20 years of experience in the industry.

Loan Depot has a strong commitment to customer service, with a dedicated team of loan officers and processors who work closely with borrowers to find the right loan solution.

LoanDepot has appointed Frank Martell as its new president and CEO, a newly created role within the firm.

Frank Martell is joining the company with over 30 years of executive leadership experience in the marketing, financial services, and business information industries.

Martell has held various leadership positions, including CEO of CoreLogic from March 2017 to January 2022, and CFO and COO at the same company.

He has also served on the board of directors of the Mortgage Bankers Association until October 2021.

In 2016, Martell received the "HousingWire Vanguard" award for his distinguished leadership in the housing industry.

Anthony Hsieh, loanDepot's founder and chairman, has been named executive chairman of the company.

The company's founder believes now is the right time for him to take on a more holistic strategic role, and Martell's appointment will help focus on serving customers across their homeownership experience.

Martell is thrilled to join loanDepot and lead a company that is a nimble and innovative market leader poised to capitalize on opportunities ahead.

loanDepot's talented team, proprietary technology, and scaled leading solutions across various channels put the company in a great position to deliver value to customers, employees, and shareholders.

loanDepot's new president and CEO, Frank Martell, has over 30 years of executive leadership experience in the marketing, financial services, and business information industries.

He brings a wealth of knowledge to the role, having previously served as CEO of CoreLogic from March 2017 to January 2022, and as the company's CFO and COO before that.

Martell has also been recognized for his distinguished leadership in the housing industry, receiving the "HousingWire Vanguard" award in 2016.

He was named the 2013 Outstanding CFO of a Public Company in Orange County by the Orange County Business Journal.

As CEO, Martell will drive daily operations and lead the company's diversified multi-channel mortgage origination model, as well as the mello business unit.

The company's founder and chairman, Anthony Hsieh, has been named executive chairman, and has expressed confidence in Martell's ability to lead loanDepot to continued growth and success.

Hsieh sees opportunity for the company to expand its product set and experience, and to gain additional market share in a changing industry.