About 25 people from loanDepot’s top producing team have joined boutique lender Revolution Mortgage to reunite with their former team lead.

Roughly half of the team led by Stacy Chevalier, former area manager covering parts of the states in Washington and Idaho at loanDepot, made the transition as of Tuesday, Chevalier said in an interview with HousingWire. About 80% are expected to make their way over to Revolution, Chevalier said. 

After Chevalier left for Revolution Mortgage in December, loanDepot gave the team an ultimatum to either work for another loanDepot team or leave, a former loanDepot employee told HousingWire. 

“We recently reconfigured some details ⇒

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