Anthony Hsieh reclaims CEO role at loanDepot
By: Flávia Furlan Nunes | Published: 2025-07-28 22:07:00 | Source: www.housingwire.com
When announcing Martell’s departure, loanDepot said the company’s board would work with an executive search firm to find a new CEO. Hsieh has also been chairman of the board since February 2021 and is the company’s controlling shareholder.
loanDepot said Hsieh’s strategic priorities include returning the company to profitability, gaining market share and leading its adoption of artificial intelligence.
Once the second-largest U.S. retail lender after growing at an average of 38% per year during its first decade, loanDepot has since contracted. According to Inside Mortgage Finance, loanDepot ranks as the 20th-largest U.S. mortgage lender with $10.9 billion in volume in the first half of this year.
The company posted a net loss of $40.7 million in the first quarter of…
