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30-Year Industry Vet, Successful Producer Joins loanDepot

John Bianchi, a 30-year veteran of the mortgage business, has been named executive vice president for national sales at loanDepot. He will work with the executive team to cultivate and enhance market presence, develop differentiated products and services and create market penetration strategies designed to fuel individual producer as well as channel and company growth.

In addition to his management acumen, Bianchi is also a top-personal performer, having formerly been recognized as one of the top five mortgage originators in the country. “Coming from a background of personal production like I do, means that I know how important the right products, the right technology and the right operational processes are to loan officers and customers alike,” said Bianchi.

[caption id="attachment_8862" align="alignright" width="222"] Bianchi brings a track record as a sales executive and top originator.[/caption]

Prior to joining loanDepot, Bianchi served as executive vice president of national retail lending for Caliber Home Loans, and he has held sales leadership positions with Bank of America and Countrywide Home Loans.

"Our commitment to professional loan officers and the retail channel has never wavered," said Anthony Hsieh, founder and chief executive officer of loanDepot. "We believe in distributed retail, and we want to grow this segment of our business. John's hire reconfirms this commitment and positions us to further invest in the tools, products and technology that today's retail loan officer needs to win.”

Bianchi will report to Dan Hanson, chief production officer, and will work with executive leaders and teams across companies, channels and verticals to cultivate and enhance market presence, develop differentiated products and services and create market penetration strategies designed for growth. loanDepot's team of divisional executive managers will report to Bianchi, giving him oversight responsibility for more than 1,000 employees and 100,000 customers.

“I know how committed loanDepot is to retail and how committed it is to increasing volume and velocity, which means the company is very well positioned to take advantage of the changes that are occurring in our industry and in consumer behavior, said Bianchi.

 

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