Tagged: loandepot

Direct Lender loanDepot Surpasses $60 Billion in Loan Funding

On Monday, direct lender loanDepot announced that it is heading into 2016 after a record-breaking 2015. This is due to the fact that the company added 125,000 new consumers to its community of borrowers over the past twelve months and has increased year-over-year fundings by… Read More

Brief: Marketplace Lender loanDepot Closes $150M Securitization Of Personal Loans

loanDepot, America’s lender, today announced the closing of a $150 million securitization of its popular unsecured personal loans accessed by consumers. This $150 million securitization was structured and sold by Jefferies, a global investment banking firm. In the first six months since launching its first… Read More

LoanDepot Bags IPO. For Now.

In a blog post, LoanDepot CEO Anthony Hsieh explained his decision to hold off on launching an IPO for now.  Hsieh used the experience of Square, which dropped its IPO price by 25% to boost investor interest just prior to offering shares to the public…. Read More

LoanDepot Appoints Michael H. Wilson as Senior Vice President of Information Technology

LoanDepot LLC, a marketplace lending platform, announced on Thursday the appointment of Michael H. Wilson as SVP, Information Technology. Michael H. Wilson joins loanDepot after serving as CIO and Director of IT Strategy at Ball Aerospace where he led classified and unclassified IT strategy, including… Read More

Marketplace Lending Platform loanDepot Announces Plans to Offer Home Equity Products

loanDepot announced on Monday plans to offer new home equity products. loanDepot is a marketplace lender that offers American consumers a choice of credit products through purchase and refinance home loans, unsecured personal loans, and now home equity loans on one convenient tech-enabled lending platform. This announcement comes… Read More

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