General World News

Frank Martell talks loanDepot’s restructuring, path to profitability and M&As 

CEDAR CREEK, Texas — loanDepot is “fully committed” to return to profitability and “aggressively manage the cost structure” while investing in “automation and process improvement,” CEO Frank Martell said in an exclusive sit-down interview during HousingWire Annual earlier this month. 

“We want to be in a leadership position coming out of this cycle, which I don’t measure simply in terms of volume and size,” Martell said. “We’re still going to be the same company in terms of structure. But we’re going to be more automated and purpose-driven.”

loanDepot hired Martell details ⇒

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