Last week in Arizona our CEO Anthony Hsieh gave the world an unprecedented look inside mello, our end-to-end digital lending platform that will change the way Americans think about lending.
As nonbank lenders continue taking market share from traditional banks, loanDepot has remained at the forefront as the newest forward-thinking brand of the modern lending movement.
For the first time since 1995, consumers chose nonbank lenders instead of commercial banks for more than 50% of the home purchase loans closed last year, based on recently released Home Mortgage Disclosure Act Data (HMDA). Commercial banks (44%) and credit unions (6%) closed the remaining home purchase loans.
Early this morning our Chairman and CEO, Anthony Hsieh, posted on LinkedIn, telling the world that we are hiring and looking for our nation's best talent to join our great company.
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