loanDepot Appoints Founder Anthony Hsieh as Permanent CEO Amidst Industry Disruption
ByAinvest
Monday, Jul 28, 2025 4:32 pm ET1min read
LDI--
Hsieh, a respected industry veteran and lifelong entrepreneur, has spent his entire career in the mortgage business. He founded loanDepot in 2010 as a de novo startup and grew the business by an average of 38% year over year for the first decade, becoming the second largest retail lender in the nation [2].
His strategic focus as permanent CEO will be on returning the company to profitability, gaining market share, and leapfrogging the industry with new technical capabilities. Hsieh plans to develop products and services that delight customers, originators, and partners. He will lead the company's adoption of AI, which he believes represents a paradigm shift for the industry [1].
Hsieh intends to add top-tier executive talent to his leadership team and aims to drive profitable growth and regain market share. He is optimistic about the company's future, stating, "We will return to competing at the highest levels" [1].
The appointment of Hsieh as permanent CEO is significant for loanDepot as it aligns with the company's strategic focus on innovation and technology. The company has a strong brand, marketing muscle, diversified channel strategy, and exceptional customer experience, which Hsieh plans to leverage to drive growth and innovation [1].
References:
[1] https://www.stocktitan.net/news/LDI/loan-depot-founder-and-chairman-of-the-board-anthony-hsieh-named-x1uccnro8qz4.html
[2] https://www.businesswire.com/news/home/20250728390312/en/loanDepot-Founder-and-Chairman-of-the-Board-Anthony-Hsieh-Named-Permanent-CEO
Anthony Hsieh, loanDepot founder and interim CEO, has been appointed permanent CEO by the company's board of directors. Hsieh has a history of innovation and disruption in the mortgage industry, and his focus on technology has helped the company grow rapidly. He plans to drive profitable growth and regain market share, citing the adoption of AI as a paradigm shift for the industry.
Anthony Hsieh, the founder and interim CEO of loanDepot, has been appointed permanent CEO by the company's board of directors. This move comes amidst a significant transformation in the mortgage industry driven by the rapid acceleration of artificial intelligence (AI) [1].Hsieh, a respected industry veteran and lifelong entrepreneur, has spent his entire career in the mortgage business. He founded loanDepot in 2010 as a de novo startup and grew the business by an average of 38% year over year for the first decade, becoming the second largest retail lender in the nation [2].
His strategic focus as permanent CEO will be on returning the company to profitability, gaining market share, and leapfrogging the industry with new technical capabilities. Hsieh plans to develop products and services that delight customers, originators, and partners. He will lead the company's adoption of AI, which he believes represents a paradigm shift for the industry [1].
Hsieh intends to add top-tier executive talent to his leadership team and aims to drive profitable growth and regain market share. He is optimistic about the company's future, stating, "We will return to competing at the highest levels" [1].
The appointment of Hsieh as permanent CEO is significant for loanDepot as it aligns with the company's strategic focus on innovation and technology. The company has a strong brand, marketing muscle, diversified channel strategy, and exceptional customer experience, which Hsieh plans to leverage to drive growth and innovation [1].
References:
[1] https://www.stocktitan.net/news/LDI/loan-depot-founder-and-chairman-of-the-board-anthony-hsieh-named-x1uccnro8qz4.html
[2] https://www.businesswire.com/news/home/20250728390312/en/loanDepot-Founder-and-Chairman-of-the-Board-Anthony-Hsieh-Named-Permanent-CEO
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