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Former Lehman Brothers Mortgage Division COO Joins
Nov 10, 2011 LLC has announced that mortgage industry veteran Scott Anderson has joined the firm as executive vice president, head of corporate strategy. Anderson will oversee loanDepot’s strategic expansion and ongoing commitment to loan quality, superior customer care, uncompromised ethical standards and customer education. Anderson joins loanDepot from PennyMac Home Loan Services, where he served as the chief mortgage operations officer. Anderson helped build and lead all aspects of mortgage lending operations. Over the course of his more than 23-year-long career, Anderson has built mortgage lending operations in the United States and Canada, including diverse roles across operations, sales, marketing, capital markets, escrow and insurance. “Scott’s deep experience with building world-class, large scale mortgage companies will be a key driver in loanDepot’s mission to become a top market share leader in the mortgage space," said loanDepot CEO Anthony Hsieh. "His hands-on knowledge of every aspect of the mortgage process, from sales through loan servicing, will be invaluable to loanDepot.” As COO of Lehman Brothers' mortgage lending operations, Anderson managed centralized operations, as well as decentralized branch networks. Anderson also held a variety of executive management roles at Countrywide Home Loans including EVP of wholesale lending where he managed a nationwide branch network and oversaw both sales and operations. “I have long respected loanDepot’s responsible, ‘full disclosure’ approach to mortgage lending,” said Anderson. “In these volatile times, it’s more important than ever for borrowers’ needs to be paramount for lenders, for us to earn the trust of each and every one of our customers. loanDepot’s commitment to understanding and meeting the borrowers’ requirements makes loanDepot an ideal fit for me, and I’m excited to join such a dynamic team.” Anderson holds a BS in Economics and Corporate Finance from Fordham University in New York. For more information, visit  
Nov 10, 2011