loanDepot Appoints Mary Bane to Senior Vice President of Production for the Northeast/Central Division

IRVINE, Calif.--(BUSINESS WIRE)--loanDepot, Inc. (NYSE: LDI) (together with its subsidiaries, "loanDepot" or the "Company") today announced the promotion of Mary Bane to Senior Vice President of Production for the Northeast/Central division.

Bane brings more than 25 years of industry experience, including as a top producing originator and sales leader at companies such as Prospect Mortgage, Countrywide Home Loans and American Home Mortgage. Based in Chicago, she joined loanDepot in 2015 as a Regional Vice President to build the company’s Midwest region from the ground up. Under her award-winning leadership, the region grew from a team of one to become the company’s largest In-Market Retail territory, now spanning 13 states and nearly 350 employees. Known for her early dedication to serving first-time homebuyers, Bane developed deep expertise in government-backed loan programs well before they became industry standard.

Said loanDepot President of Retail Lending Tom Fiddler, “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. She’s the kind of leader who inspires passionate loyalty, and her relationship-driven approach has made her a standout in attracting, and especially retaining, the high-performing originators who will power our growth and momentum.”

Said Bane, “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. 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.”

About loanDepot:

Since its launch in 2010, loanDepot (NYSE: LDI) has revolutionized the mortgage industry with digital innovations that make transacting easier, faster and less stressful for customers and originators alike. The company, which is licensed in all 50 states, helps its customers achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. loanDepot is also committed to serving the communities in which its team lives and works through a variety of local and national philanthropic efforts.

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