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loanDepot.com Bolsters Its Senior Leadership With Three New Additions

Feb 12, 2013

loanDepot.com LLC has announced the addition of several mortgage veterans to its leadership team, as H. Lynn Ryan will serve as EVP and CIO; Candis Duke was named COO; and Jeff Walsh as executive vice president. "Each of these executives has been strategically selected to support the continued growth and development of loanDepot," said loanDepot Chief Executive Officer and Founder Anthony Hsieh. "Their collective mortgage experience will position loanDepot to be a market share leader in our industry." Since 2010, loanDepot has grown its workforce to more than 1,000 and licensed itself in all 50 states. In those three years, loanDepot has received approvals to sell loans to Fannie Mae, Freddie Mac and Ginnie Mae and has started servicing a majority of the loans it originates. Ryan, who will serve as executive vice president and chief information officer, will oversee of all the company's Information Technology (IT) systems, operations and services and will be responsible for the strategic direction of loanDepot's technology. Ryan most recently served as senior VP and CIO of CIT Group and previously held CIO roles at Novastar Financial, Ameriquest and Argent Mortgage. She also held senior information technology leadership roles at Sanwa Bank, Bank of America and Security Pacific National Bank. Duke, the company's new chief operating officer, will oversee underwriting, credit, funding and enterprise risk management. She most recently served as chief risk officer at Prospect Mortgage Company and her prior experience includes president at Mortgage & Management Strategies as well as management roles at Plaza Home Mortgage and Suncoast Savings & Loan. Jeff Walsh, the new executive vice president, will oversee various departments during loanDepot's continued growth. These areas include Processing, Human Resources, Vendor Management and loanDepot escrow relationships. Prior to joining loanDepot, Walsh served as COO of Ameriquest Capital Corporation and previously was president and chairman at Town and Country Credit.
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Feb 12, 2013