Business is booming.

loanDepot reveals new leadership structure


Additionally, the mortgage giant announced the departures of chief accounting officer Nicole Carillo and chief human resources officer Kevin Tackaberry.

“As we continue to advance our Vision 2025 plan, we expect to drive automation and operating leverage and invest in customer-facing tools and solutions, as well as implement operational and structural changes to optimize and streamline our business and position loanDepot for long-term growth and success,” said loanDepot president and CEO Frank Martell.

loanDepot plans to consolidate its tech arm LDI Digital, including mellohome, into its existing production channels, under the leadership of Jeff Walsh, president of LDI Mortgage. As a result of this organizational change, LDI Digital president Zeenat Sidi will be transitioning out of the organization.

“We welcome David Hayes to team loanDepot as our new chief financial officer,” Martell added. “David brings a combination of strong leadership and deep mortgage industry knowledge to loanDepot. David is a consummate professional with significant financial leadership experience in our sector, and I look forward to partnering with him as we continue to execute our Vision 2025 plan.

Read next: loanDepot sees losses narrow in Q1



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