Tag Archives: Zeenat Sidi

LoanDepot hires new CFO and parts ways with 4 top managers

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CEO Frank Martell recruits former CoreLogic colleague David Hayes as losses pile up and mortgage originations hit another new low. Continue reading →

LoanDepot to shed 4,800 workers in 2022 in bid to return to profitability

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Lender hopes to cut up to $400 million in annual expenses and become profitable by the end of 2022 after rising mortgage rates gut profitable refinancing business. Continue reading →