this company is moving people around to get them set up for a monster refinance and purchase boom this up and coming year
$loanDepot (LDI.US)$ $Fathom (FTHM.US)$ Mary Bane has been promoted to loanDepot’s SVP of Production for the Northeast/Central Division.
Bane brings more than two and a half decades of industry experience to the role, including as a top-producing originator and sales leader at Prospect Mortgage, Countrywide Home Loans, and American Home Mortgage.
“I’ve had the privilege of working closely with Mary over many years, and she continues to be one of the most knowledgeable and highly regarded professionals in our industry. Her mortgage acumen is one of her superpowers, and no one works harder or leads with more heart to bring value to her team,” loanDepot President of Retail Lending Tom Fiddler said in a press release.
She joined loanDepot in 2015 as a Regional VP in the Midwest region, where she resides in Chicago. The region grew to the company’s largest In-Market Retail territory under her leadership.
“I love loanDepot—I believe it’s a one-of-a-kind company with one-of-a-kind leadership, and an unmistakable opportunity to compete at the highest levels,” she said.
“With our Founder and CEO Anthony Hsieh back at the helm, we are returning to the roots of the company I joined ten years ago. Anthony brings that unmistakable founder’s energy, and it’s fueling incredible momentum. I couldn’t be more excited for the opportunity to help our business grow and lead the way.”
Hsieh returned to the company earlier this year after a leadership battle in 2023, signaling a renewed emphasis on strengthening the lender’s core business lines.
Founded in 2010, loanDepot has grown into one of the nation’s largest non-bank mortgage lenders, with a digital-first approach to lending and a footprint that includes hundreds of retail offices nationwide. The company, like its peers, has faced headwinds from higher interest rates and slower originations, making servicing operations a more critical driver of revenue and stability.
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37+ yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk
opinion not financial advice
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10baggerbamm OP : as a follow-up to the above post
these are the types of people that you want to put in positions when the market is getting ready to turn
these are people that have documentable proven results under their belt they know and understand what needs to be done to execute at the highest level the first time every time and put the numbers on the board
when I had my company these are the people that I was recruiting and I'm dangling big fucking carrots in front of their face to have them come work for me because I know they will go where the money is and when they're given flexibility to grow and get a compensation package that rewards them they'll go any place.
this company is setting themselves up for huge rally in 2026 if you buy this stock or the other one that I'm in you need to own these companies minimum till June of next year minimum once June comes you're not going to be selling them because you're going to ride them through the back half of next year and the beginning of 27th because this rally is going to be a sustained rally and these companies are going to be making money hand over fist. you're going to see revenue growth of 300% 500%, 1000% over the next 24 months that's what is there waiting when these rates come down