AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
loanDepot Appoints Founder Anthony Hsieh as Permanent CEO Amidst Industry Disruption
ByAinvest
Monday, Jul 28, 2025 4:32 pm ET1min read
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
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet