On-line Mortgage Firm Announces The Launch Of It's New National Expansion

Aug 30, 2011

Foothill Ranch, CA - August 30 2011

loanDepot.com, one of the nation's largest online mortgage lenders, has opened a new origination center in Franklin TN, just outside of Nashville. Franklin was chosen because of the strong pool of mortgage talent available in the area as well as its location, which will help serve consumers in the Southeast region of the country. The center will also provide additional support for other areas of the country.

"Opening the Franklin center was a great day in loanDepot's history," said Tomo Yebisu, President of loanDepot. "We were able to find and hire some of Tennessee's finest mortgage bankers and their early success is providing a strong foundation for our fast growth in the Franklin area." In conjunction with the opening of the first origination center in Franklin center, loanDepot has already identified six major markets to expand their national expansion plans. The openings of these six additional origination centers are key to the company's strategic plans to become one of the nation's largest independent retail mortgage lenders."

"As loanDepot enters the new mortgage era, it's vital to our strategy for us to have multiple locations to serve the nationwide market," said Anthony Hsieh, Founder and CEO of loanDepot. "There are very talented, licensed originators all over the country who are looking for a strong mortgage company to work with. loanDepot's industry leading training programs, technology and comprehensive marketing program provides a great platform to ensure the success of each and every originator."

"As loanDepot enters the new mortgage era, it's vital to our strategy for us to have multiple locations to serve the nationwide market," said Anthony Hsieh, Founder and CEO of loanDepot. "There are very talented, licensed originators all over the country who are looking for a strong mortgage company to work with. loanDepot's industry leading training programs, technology and comprehensive marketing program provides a great platform to ensure the success of each and every originator."

About loanDepot.com
loanDepot, based in Foothill Ranch, CA, is a 3rd generation online direct-to-consumer lender servicing multiple states. The company founder, industry veteran Anthony Hsieh, with a world-class executive team, is well known for pioneering the Internet mortgage industry, building two highly successful companies and merging them into publicly-traded companies, E*TRADE Mortgage and LendingTree Loans, both of which are still in operation today. loanDepot is committed to delivering a better, faster, more efficient process and industry-leading rates while delivering the best service in the industry. loanDepot is currently licensed in 47 states with over 1,000 individual loan officer licenses.