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loanDepot

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Tammy Richards joins NEXA Lending as chief strategy officer

October 19, 2025 by bp56691
Tammy Richards joins NEXA Lending as chief strategy officer, aiming to drive national expansion and strategic growth.
Categories HWmember, loanDepot, Mike Kortas, Mortgage, NEXA Mortgage, People Movers, Tammy Richards

Griffin Funding alleges West Capital Lending, former LOs diverted borrower leads

October 17, 2025 by bp56691
New lawsuit reignites debate over lead ownership and data transfers as loan officers move between lenders and brokerages.
Categories California, Griffin Funding, HWmember, Lawsuit, Legal, LendingLife, loanDepot, Mortgage, Mortgage Broker

Mortgage executives call for a renewed leadership model

October 16, 2025 by bp56691
A panel of senior mortgage executives at The Sales Mastery event talked about how leaders should be adding value in this market.
Categories CMG Financial, HWmember, loanDepot, Mortgage, Movement Mortgage, Origination

loanDepot claims West Capital Lending used illegal playbook to become a top brokerage

October 14, 2025 by bp56691
loanDepot is accusing West Capital Lending (WCL) of hiring hundreds of loan originators as independent contractors and paying them revenue splits.
Categories HWmember, Lawsuit, Legal, LendingLife, Loan Officer, loanDepot, Mortgage, Mortgage Broker

loanDepot challenges class-action suit tied to LO comp rules, steering

September 24, 2025 by bp56691
loanDepot has filed a motion to dismiss a class-action lawsuit in Maryland alleging violations of loan officer (LO) compensation rules and borrower steering, arguing the plaintiffs failed to show they suffered a “concrete injury.”
Categories HWmember, Lawsuit, Legal, LendingLife, Loan Officer, loanDepot, Maryland, Mortgage

Mortgage brokers say loanDepot is knocking at their door again

August 20, 2025 by bp56691
Brokers told HousingWire that representatives at loanDepot are reaching out to them with wholesale channel partnership offers.
Categories Anthony Hsieh, Brokerage, HWmember, LendingLife, loanDepot, Mortgage, Mortgage Broker, Origination, Wholesale Lending

With Hsieh in the driver’s seat, loanDepot posts revenue of $283M

August 7, 2025 by bp56691
loanDepot grew originations 30% and cut expenses in Q2 2025, narrowing its net loss as founder Anthony Hsieh resumed CEO duties
Categories Anthony Hsieh, Earnings, HWmember, LendingLife, loanDepot, Mortgage, Origination

Anthony Hsieh reclaims the helm at loanDepot

July 28, 2025 by bp56691
Anthony Hsieh is back in the CEO role at loanDepot — the company he founded in 2010 — on a permanent basis. His focus will be on returning the mortgage lender to profitability and regaining market share, the company announced on Monday. 
Categories Anthony Hsieh, HWmember, Lenders, LendingLife, loanDepot, Mortgage, Origination, People Movers, Team Leaders

Judge dismisses Maryland appraisal discrimination case and defamation countersuit

July 17, 2025 by bp56691
A federal judge in Maryland has dismissed the claims of both the plaintiffs and defendants in an appraisal discrimination lawsuit.
Categories Appraisals, Appraisals and Valuations, Discrimination, HWmember, Lawsuit, Legal, loanDepot, Maryland, Mortgage

loanDepot’s Q1 revenue jumps 23% as Hsieh prepares to take the wheel again

May 6, 2025 by bp56691
Departing CEO Frank Martell characterized his final quarter of earnings with loanDepot as one of “positive momentum.”
Categories Anthony Hsieh, Earnings, HWmember, LendingLife, loanDepot, Mortgage, Mortgage Servicing, Origination
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