Company Announcements

Prestigious honor recognizes dynamic influence in transforming the housing industry

IRVINE, Calif.--(BUSINESS WIRE)--Sep. 3, 2024-- loanDepot, Inc. (“LDI” or “Company”) (NYSE: LDI), a leading provider of products and services that power the homeownership journey, announced that President and CEO Frank Martell has been recognized as a HousingWire Vanguard for the second consecutive year for his visionary leadership and commitment to the housing industry.

Celebrating its 10^th year, the HousingWire Vanguards are a definitive who’s-who of the top leaders in the housing industry. “Vanguard recipients represent the pinnacle of leadership in the mortgage and real estate industries and are known for driving transformative growth and setting new standards of excellence within their organizations,” according to the outlet.

“As loanDepot transitions from its Vision 2025 strategic plan to our next chapter of growth and transformation, we have made, and expect to continue to make, significant strategic investments in our people, platforms, and programs to ensure that we exceed the expectations of today’s and future prospective homebuyers and established homeowners,” said Martell. “This recognition is a true reflection of the amazing work Team loanDepot is doing to help our customers achieve their life goals, including the dream of sustainable homeownership.”

Martell is a dedicated servant leader with a storied career in the financial services and business information industries. He continues to demonstrate a commitment to supporting the needs of the nation’s increasingly diverse community of first-time homebuyers, further cementing loanDepot as a lifetime partner for customers throughout every step of the homeownership journey.

Martell’s exemplary leadership and future-forward mindset have been on display since joining loanDepot in 2022. He led the creation of loanDepot’s Vision 2025 plan in order to navigate the Company through a once-in-a-generation mortgage contraction and help it emerge an even stronger, more dynamic industry leader. Under his leadership, the Company has been named “Best Lender for First-Time Buyers” by the Wall Street Journal two years in a row and has introduced several products tailored to the needs of first-time homebuyers, such as its accessZERO and accessONE+ down payment assistance programs. loanDepot has also added to its product portfolio for established homeowners, most recently expanding its line of equityFREEDOM home equity lending products.

In addition to the 2024 Vanguard honor, Martell recently received Inman’s 2024 “Best of Finance” award, and is named on Inman’s “2024 Power Player” list. This is Martell’s third Vanguard award, having also earned the accolade in 2023 and 2016.

About loanDepot

At loanDepot (NYSE: LDI), we know home means everything. That’s why we are on a mission to support homeowners with a suite of products and services that fuel the American Dream. Our portfolio of digital-first home purchase, home refinance and home equity lending products make homeownership more accessible, achievable, and rewarding, especially for the increasingly diverse communities of first-time homebuyers we serve. Headquartered in Southern California with local market offices nationwide, loanDepot and its sister real estate and home services company, mellohome, are dedicated to helping customers put down roots and bring dreams to life – all while building stronger communities and a better tomorrow.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240903480534/en/

Media
Jonathan Fine
VP, Public Relations
(781) 248-3963
jfine@loandepot.com

Source: loanDepot, Inc.