loanDepot accused of steering, loan officer compensation violations
According to the lawsuit, loanDepot required loan officers unable to obtain higher-cost loans to transfer borrowers to internal loan consultants, regardless of actual necessity.
Former loanDepot CFO Patrick Flanagan lands at Rate
Flanagan's move comes shortly after a significant leadership shakeup at loanDepot, reflecting the ongoing challenges in the mortgage industry and the demand for strategic financial leadership.
Anthony Hsieh returns to loanDepot as Frank Martell departs
This transition in leadership showcases the board's commitment to finding a new CEO while ensuring stability and continuity in loanDepot's operations during this critical phase.