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loanDepot’s Anthony Hsieh Gone as Executive Chair

Friday, Feb 10 2023
Lending
Written by  The Mortgage Leader

loanDepot has cut loose its founder during a fight over control of the corporate board of directors at the direct-to-consumer lender. So reports The Real Deal.

loandepot 150x150According to the company, Anthony Hsieh “stepped down” from his role as executive chairman in a move that was “pursuant to a mutual agreement unanimously approved” by loanDepot’s board.

Hsieh, who remains chairman of the board of directors, suggested that he was effectively forced out as executive chair due to a dispute over a board nominee.

Read the full article from The Real Deal. 

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