loanDepot hires Adam Saab to lead mortgage servicing efforts
Adam Saab will join loanDepot to oversee daily operations, strategic initiatives, and cross-functional partnerships from its Plano, Texas office to drive servicing excellence.
loanDepot accused of steering, loan officer compensation violations
According to the lawsuit, loanDepot required loan officers unable to obtain higher-cost loans to transfer borrowers to internal loan consultants, regardless of actual necessity.
Former loanDepot CFO Patrick Flanagan lands at Rate
Flanagan's move comes shortly after a significant leadership shakeup at loanDepot, reflecting the ongoing challenges in the mortgage industry and the demand for strategic financial leadership.