On the heels of our 33% year over year increase in total number of loans funded for the first half of 2016, loanDepot announced today the closing of $150 million in term debt financing. The funds raised will be used in part toward continued technology advancements and product development, and to leverage our balance sheet to hold certain loan assets.
Top lending professionals from across the country flocked to Boston this week to hear Chairman and CEO Anthony Hsieh and President Paul Anastos discuss market trends and how the company will continue its record-breaking growth heading into the second half of 2016. The event brought together lending leadership from across loanDepot, motivational speakers and breakout sessions, enabled our top lending superstars to collaborate on the many opportunities provided to #TeamloanDepot associates employed by the nation’s second-largest non-bank lender.
Patty Raymo’s commitment to excellence can be seen in every aspect of her career. As loanDepot’s chief operating officer - retail, she is known for her tireless commitment to ensuring our retail lending operations run smoothly for our borrowers and associates alike.
How do you energize a nationwide workforce of more than 5,200 on a united, purpose-driven path? If you’re loanDepot’s Chairman and CEO Anthony Hsieh, you log tens of thousands of air miles sharing your vision and passion across the country.
While #TeamloanDepot may be nationwide, we haven’t lost focus on the individual communities where we live. At our Plano, Texas campus, a team of associates meets each quarter to discuss how best to channel their volunteer efforts with those areas that personally resonate with their specific campus.
Empowering borrowers to access the credit they need to fuel their lives and achieve their dreams is a daily goal for Matt Reid, manager at loanDepot’s Mortgage Master in New City, New York. Matt Reid says he was drawn to loanDepot by our diverse suite of innovative lending products, state-of-the-art technology and transparent management team.
For Devin Hernandez, loanDepot’s director of enterprise meetings and events, exceptional organization and planning skills come naturally. Combine those attributes with her sense of humor, positive attitude and strong work ethic, and it’s no wonder she was selected by our Chairman to lead the charge in managing all of our corporate events.
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