loanDepot LLC Appoints Chief Technology Officer, Dominick Marchetti

Mar 10, 2015

IRVINE, Calif., March 10, 2015 /PRNewswire/ -- loanDepot LLC, America's consumer lender, today announced the appointment of Dominick Marchetti as chief technology officer. Marchetti will oversee the evolution of new technology to support loanDepot's consumer-direct multi-line, multi-product strategy as the enterprise moves into the next phase of rapid expansion.

loanDepot LLC Appoints Chief Technology Officer, Dominick Marchetti

Marchetti will work from loanDepot's Foothill Ranch, CA location, reporting to the company's Chief Operating Officer and President, Dave Norris.

"As a market innovator, we're constantly seeking top talent to further enable the expansion of our business systems and lending products. Dom's vast knowledge and experience in developing and optimizing technology-enabled platforms for consumer-direct lenders will be tremendous asset to loanDepot as we continue expanding our business channels and product lines to meet the demands of today's consumers," said David Norris, president and chief operating officer at loanDepot. "I'm confident and excited about Dom's energy, leadership and ability to guide loanDepot's technology strategy through our next phase of expansion."

Throughout his career, Marchetti has been instrumental in developing innovative technology solutions that are highly scalable, responsive and drive revenue growth. He created a series of industry portals, credit and insurance platforms, and was integral in the implementation of offshore strategies in the financial services vertical. Most recently, Marchetti served as chief operating officer at Blueberry Systems where he oversaw product development, strategic direction and the day-to-day operations of the company.

"loanDepot has driven tremendous growth in just five years since inception. I'm eager to build on the company's success by delivering best-in-class systems to support the large volume of business that lies ahead," said Marchetti. "We are positioned to enhance every borrower's experience with our consumer-direct, multi-line strategy of both mortgage and nonmortgage products. I'm delighted to join loanDepot, and I'm looking forward to working with the company's world-class technology team."

 

ABOUT LOANDEPOT LLC Launched in 2010, loanDepot LLC is an emerging-growth nonbank consumer lender and market leader offering mortgage and nonmortgage lending products in all 50 states. Founded in 2010 by industry pioneer and innovator Anthony Hsieh, loanDepot LLC operates under the brand names loanDepot.com, imortgage, Mortgage Master, and LDWholesale. The company maintains dual headquarters in Foothill Ranch, CA and Plano, TX, operates 130+ local branches offering lending products to consumers nationwide, and generates loan production from four technology-enabled business centers. More than 4000 people are employed by loanDepot, including 1300+ licensed loan officers. As America's consumer lender, loanDepot is disrupting consumer finance and redefining the market with less division between mortgage and nonmortgage credit amid changes in consumer behavior and technology, access to credit, economic cycles and market consolidation. loanDepot LLC is an approved seller and servicer for Fannie Mae, Freddie Mac and Ginnie Mae. loanDepot LLC, NMLS # 174457 Learn more at loanDepot.com.

loanDepot LLC

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SOURCE loanDepot LLC

For further information: Carrie Loranger | loanDepot LLC, CLoranger@loanDepot.com | 949.465.8493; Julie Reynolds | loanDepot LLC, JReynolds@loanDepot.com | 949.595.7110