loanDepot LLC Donates $100,000 To HomeAid America

May 4, 2015

NEWPORT BEACH, Calif., May 4, 2015 /PRNewswire/ -- HomeAid America announced today that loanDepot LLC, America's consumer lender, has donated $100,000 to the organization. HomeAid is a leading national nonprofit organization providing housing to organizations that help the homeless across the country.

HomeAid America logo

As part of loanDepot's $100,000 donation to HomeAid America, $10,000 will be allocated to HomeAid Orange County, the organization's chapter in Orange County, Calif., which helps to end homelessness locally, and $10,000 will be allocated towards a sponsorship of the Meyers Research Economic Outlook event in Orange County in March, 2016.

"Helping Americans realize their own American dreams through homeownership is important and we're extremely proud to support HomeAid America in its mission to build new lives for America's homeless families and individuals." said David Norris, president and chief operating officer of loanDepot LLC.

HomeAid, a building industry-based charity with chapters in 16 markets across the country, has built more than 400 multi-unit housing projects in its 26 year history and helped house over 220,000 previously-homeless Americans. 

"This very generous donation of $100,000 will help HomeAid expand its reach to help more homeless families and individuals find a place to live and thereby reclaim their self-sufficiency," said Peter Simons, chief executive officer of HomeAid America.  "loanDepot's ongoing support through their imortgage division has been instrumental to HomeAid for years.  Dan Hanson, executive vice president at imortgage, has been a valuable member of our Board of Directors for more than 26 years. He is an original founder of HomeAid and has helped it grow from a local grassroots organization into a thriving national entity across the country."

loanDepot and imortgage are both long-time contributors to charitable initiatives throughout the United States.  In addition, loanDepot is committed to ending financial illiteracy, which leads to hardship for many people, by offering financial educational articles in the 'Knowledge Café' section on its website loandepot.com.  Topics cover a range of subjects from personal finance, mortgages and refinancing to millennials and money tips.

About HomeAid America
HomeAid is a leading national non-profit provider of housing for homeless families and individuals with 16 chapters in 11 states across the country.  Through the generosity of builders, their trades and their suppliers, HomeAid has completed over 400 housing projects nationwide at a value of more than $200 million, of which nearly 50 percent has been donated by the building industry. HomeAid currently has 50 additional projects in development across the country. HomeAid's facilities have housed over 220,000 previously homeless people over the years, as well as provided a location for services that help these people get back on their feet.  For more information about HomeAid, call 1-888-3HOMEAID or visit www.homeaid.org

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.com, NMLS # 174457 Learn more at loanDepot.com.

About imortgage
imortgage is a leading private nonbank national retail mortgage lender based in Scottsdale, AZ. Established in 1999, imortgage operates 85+ local branch offices throughout the United States and is one of the fastest-growing, most well-respected retail lenders in the country today. imortgage delivers a service-driven, customer-focused home loan purchase experience which has earned the company the exclusive Eliant Certification for Customer Service Excellence. imortgage is a loanDepot LLC brand operating under NMLS# 174457. Learn more about imortgage at imortgage.com or by calling a local branch.

Contacts:
Peter Simons, CEO, HomeAid America
720-490-1900
Ashley Murphy Rubenstein for loanDepot LLC
212-843-8017 | loanDepot@rubenstein.com 

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SOURCE loanDepot LLC; HomeAid America