Estimated reading time: 0 minutes, 23 seconds

loanDepot Settles with Anthony Hsieh, Expands Board

Friday, Apr 07 2023
Lending
Written by  The Mortgage Leader

loanDepot announced a settlement with the direct-to-consumer lender’s founder and largest shareholder, Anthony Hsieh, who is also chairman of the board. So reports Insider.

loandepot 150x150The company said it would expand its board from eight members to nine and add Williston Financial Group CEO Steven Ozonian as a board member to end its proxy battle with Hsieh.

Hsieh lost his executive chairman role during the fight for control of loanDepot.

Read the full article from Insider. 

Read 900 times
Rate this item
(0 votes)
More in this category: « Home Prices Rise for the First Time in Eight Months: Black Knight Fannie Mae, Freddie Mac Update Equitable Housing Plans »

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline