Former Fannie Mae Technology Executive Joins loanDepot LLC As Marketplace Lender Accelerates Momentum To Expand Lending Platform
loanDepot at Forefront of Lending Evolution; Deepens Tech Bench for Next Chapter of Growth
Oct 19, 2015
IRVINE, Calif., Oct. 19, 2015 /PRNewswire/ -- loanDepot, LLC, America's lender, today announced the appointment of Dan Lader as senior vice president, technology portfolio delivery. Lader joins loanDepot after a successful career at Fannie Mae, most recently leading program management of a long-term initiative to integrate their core systems with Common Securitization Solutions, a joint venture supporting the secondary home loan market.
"We're excited to welcome Dan to loanDepot's technology group. His successful record of operating at the highest levels of lending, along with his expertise in navigating the intersection of technology and finance make him a highly valuable addition to our team," said Dominick Marchetti, chief technology officer, loanDepot, LLC "As we deepen our technology bench, loanDepot will continue accelerating the deployment of our next generation lending products that are known for disrupting and innovating America's FinTech landscape."
In this newly created leadership role, Lader will oversee program strategy and delivery across the loanDepot enterprise platform, direct budgeting and forecasting of the technology group while leading all IT audit and compliance functions. He will also manage platform-wide technology resources for the loanDepot brand. Lader will report to Dominick Marchetti.
"Technology continues to reshape the way Americans live their lives, and this phenomenon is now significantly impacting the financial services industry," said Lader. "loanDepot is clearly at the forefront of the changes underway. I'm thrilled to join a passionate group of industry leaders who are redefining financial services and lending in an increasingly digital world."
Lader brings more than twenty years of experience in technology and finance focused leadership roles. Prior to joining loanDepot, he served as vice president, corporate technology at Fannie Mae, where he most recently ran program management and execution functions, working with large-scale teams on long-term projects including complex platform integration efforts. While at Fannie Mae, Lader was the technology owner of a portfolio of 250+ applications supporting multiple enterprise functions. Previously, Lader was vice president of business systems at The Carlyle Group and vice president of analytics, finance and controls at Fannie Mae.
Lader's early career includes senior manager and manager roles with BearingPoint and Arthur Andersen, respectively, as well as a senior analyst role at American Management Systems. He received his MBA from the University of Maryland and graduated from Washington University with a Bachelor of Science.
loanDepot's mission is to be America's lender of choice. The company is committed to serving the needs of responsible borrowers across the country through technology, predictive data science, exceptional service, and cost-efficient consumer-acquisition delivery systems.
Dan Lader's appointment as SVP, technology portfolio delivery comes just two weeks after loanDepot's announcement of Michael H. Wilson joining the company as SVP, information technology and the acquisition of a seasoned team of 10 software engineers led by industry veteran Tony Jenkins.
ABOUT LOANDEPOT, LLC
loanDepot, LLC America's lender, 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 trailblazer and innovator Anthony Hsieh, loanDepot, LLC operates under the brand names loanDepot.com, imortgage, Mortgage Master, and LDWholesale. The company is headquartered in Foothill Ranch, CA, operates 139+ loan stores offering lending products to consumers nationwide, and generates loan production from five technology-enabled business centers. Nearly 5,000 people are employed by loanDepot, including 1500+ licensed loan officers. As America's 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.
SOURCE loanDepot, LLC