LoanDepot revamps leadership as it fights steering allegations

Since returning in July as CEO of the company he founded, Anthony Hsieh has cleaned house, hiring or promoting 10 executives who can help take loanDepot “back to our roots.” Continue reading

LendingTree founder, CEO Doug Lebda dies in ATV accident

Doug Lebda founded LendingTree in 1996 to simplify consumers’ mortgage loan search. He led the company through several busts and booms, growing its market value to more than $750 million. Continue reading

Back as CEO, loanDepot founder has his work cut out for him

Anthony Hsieh brings back two technology executives after loanDepot, which hasn’t turned a full-year profit since 2021, posts $25 million Q2 loss. Continue reading

AI smoothing mortgage income and employment verifications

Philadelphia-based mortgage technology provider Xactus claims its AI-powered Intelligent Verification Platform (IVP) allows lenders to transform their workflows and make smarter decisions. Continue reading

Hsieh returns to LoanDepot as Frank Martell steps down as CEO

Martell will transition into a board advisory role by June and Anthony Hsieh will return to the executive leadership team after the board ousted him in 2023, officials announced Thursday. Continue reading

MyHome expands menu of lender services with Volly acquisition

Volly’s customer relationship management, lead conversion and portfolio retention tools will be offered to lenders through WFG Enterprise Solutions. Continue reading

LoanDepot founder gets wish: Ozonian joins board after face-off

The settlement with loanDepot founder Anthony Hsieh ends a proxy fight that broke out in February after Hsieh was ousted as loanDepot’s executive chairman. Continue reading

LoanDepot founder Anthony Hsieh determined to shake up board

After being ousted as executive chair, Hsieh says he controls enough voting shares to install veteran real estate executive Steve Ozonian on the mortgage lender’s board of directors. Continue reading

WEST adopts name of flagship product MyHome in rebrand

Williston Financial Group subsidiary Williston Enterprise Solutions and Technology establishes an independent identity for MyHome collaboration platform it launched in 2015. Continue reading