Mary Bane Elevated to Senior VP of Production at loanDepot
Mary Bane's Promotion at loanDepot
loanDepot, Inc. (NYSE: LDI) has announced the impressive promotion of Mary Bane to the position of Senior Vice President of Production for the Northeast/Central division. Bane's career trajectory showcases a commitment to excellence, making her a valuable asset to the company.
Mary Bane's Experience and Leadership
With over 25 years in the mortgage industry, Bane has honed her skills as a leading originator and sales veteran, having worked with reputable companies like Prospect Mortgage and Countrywide Home Loans. Joining loanDepot in 2015 as a Regional Vice President, she has been instrumental in developing the team in the Midwest, which has grown significantly under her guidance. Her leadership transformed the Midwest region to become the largest In-Market Retail territory within the company, featuring nearly 350 employees covering 13 states.
Commitment to First-Time Homebuyers
Mary Bane is renowned for her unwavering dedication to first-time homebuyers. She developed substantial expertise in government-backed loan programs early in her career, a commitment that has only strengthened her reputation within the industry.
Insights from the President of Retail Lending
Tom Fiddler, President of Retail Lending at loanDepot, expressed his profound respect for Bane, stating, "I've had the privilege of working closely with Mary over many years. She continues to be one of the most knowledgeable and highly regarded professionals in our industry. Her mortgage acumen is one of her superpowers, and no one works harder or leads with more heart to bring value to her team." He highlighted Bane's ability to inspire loyalty among high-performing originators, crucial for the ongoing growth and momentum in the industry.
Mary Bane's Vision for the Future
Expressing her enthusiasm about her new role, Bane stated, "I love loanDepot—I believe it's a one-of-a-kind company with one-of-a-kind leadership. I'm excited to help our business grow and lead the way." With the return of the founder and CEO Anthony Hsieh, she believes the company is poised for remarkable achievements, echoing the foundational energy that initially attracted her to the organization.
What Sets loanDepot Apart
Since its inception in 2010, loanDepot (NYSE: LDI) has made its mark on the mortgage industry through innovative digital solutions that simplify the process for customers and originators. The company, operating across all 50 states, is committed to facilitating the American dream of homeownership with an array of lending and real estate services that alleviate the complexities typically associated with these transactions. Furthermore, loanDepot actively engages in giving back to communities, demonstrating its commitment through various philanthropic efforts.
Contact Information for Investors and Media
Investor Contact:
Gerhard Erdelji
Senior Vice President, Investor Relations
(949) 822-4074
gerdelji@loandepot.com
Media Contact:
Rebecca Anderson
Senior Vice President, Strategic Communications and Public Relations
(949) 822-4024
rebeccaanderson@loandepot.com
Frequently Asked Questions
Who is Mary Bane?
Mary Bane is the newly appointed Senior Vice President of Production at loanDepot, with over 25 years of industry experience.
What is loanDepot known for?
loanDepot is known for innovative digital solutions that facilitate mortgage transactions, making them simpler and faster for customers.
What did Tom Fiddler say about Mary Bane?
He praised her extensive knowledge and leadership, highlighting her effectiveness in attracting and retaining top talent within the company.
How many employees does the Midwest region of loanDepot have?
The Midwest region has nearly 350 employees, making it the largest In-Market Retail territory in the company.
What philanthropic efforts does loanDepot engage in?
loanDepot actively contributes to the communities it operates in through various local and national philanthropic initiatives.
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