"loanDepot has a unique set of assets, including a diversified, multi-channel originations strategy that creates a flywheel effect and results in a strategic advantage, loanDepot founder and CEO Anthony Hsieh said in a statement. Adam is a great addition to our leadership team as we grow our servicing operations: he is seasoned and highly respected, he has a deep understanding of the operational complexities of the business, and his wide experience, combined with his strategic mindset and deep commitment to the customer experience, make him an ideal fit for loanDepot."
"I'm particularly excited to join loanDepot with Anthony back at the helm. His vision, along with loanDepot's commitment to innovation and customer excellence, align perfectly with my own values and what truly motivates me, Saab said. I'm thrilled to join the team to help drive servicing excellence as loanDepot continues to evolve and grow."
Adam Saab will oversee daily operations, strategic initiatives, and cross-functional partnerships from loanDepot's Plano, Texas office. loanDepot possesses a diversified, multi-channel originations strategy that creates a flywheel effect and provides a strategic advantage. Saab is characterized as seasoned and highly respected with a deep understanding of operational complexities, a strategic mindset, and a strong commitment to the customer experience. Saab most recently led early-stage default operations at Cenlar and redesigned servicing processes to meet evolving regulatory requirements. He previously held senior leadership roles at CitiMortgage, PNC Bank, and LoanCare, where he managed a 1.7 million-loan portfolio across more than 75 clients. Saab aligned his values with loanDepot's vision and commitment to innovation and customer excellence and will work to drive servicing excellence as the company grows.
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