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loanDepot Appoints Alec Hanson to Senior Vice President of Production for the West Division

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IRVINE, Calif.--(BUSINESS WIRE)-- loanDepot, Inc. (NYSE: LDI) (together with its subsidiaries, "loanDepot" or the "Company"), today announced it has named Alec Hanson to Senior Vice President of Production for the West division. He joins Paul Ramos, Senior Vice President of Production for the Southeast/Mid-Atlantic division, and Mary Bane, recently promoted to Senior Vice President of Production for the Northeast/Central division, as part of a team of retail sales leaders who will work closely with President of Retail Lending Tom Fiddler to help drive growth and momentum for the Company.

Hanson is a seasoned sales leader whose career as an originator began in 2004 when he was named Rookie of the Year by Scotsman Guide. He is the author of “Bypassed: A Modern Guide for Local Mortgage Pros Left Behind by the Digital Customer” and loanDepot’s “Modern Lending Playbook.” He joined loanDepot in 2011 through the company’s acquisition of imortgage, and since that time has held several different leadership positions throughout the company.

Said Fiddler, “Alec brings a unique and powerful set of experiences to this role; the mortgage industry is truly in his blood! Alec’s success as an originator is undeniable, he knows the Retail lending business inside and out and is a talented coach and motivator who has also emerged as a dynamic thought leader. His drive, will to compete, and positive energy will help us build on our existing momentum.”

Said Hanson, “Being part of the loanDepot story for nearly 15 years has been a source of immense pride. We have an incredible company, built by incredible people, and I’ve always been inspired by the entrepreneurial energy that defines Anthony’s leadership. Now it’s time to go on the offense. I’m thrilled to return to my original home in the Retail channel, where I see such a tremendous opportunity. My goal is to be an accelerant for our talented team in the West, empowering them to compete, win, and build on the incredible work they’re already doing.”

About loanDepot:

Since its launch in 2010, loanDepot (NYSE: LDI) has revolutionized the mortgage industry with digital innovations that make transacting easier, faster and less stressful for customers and originators alike. The company, which is licensed in all 50 states, helps its customers achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. loanDepot is also committed to serving the communities in which its team lives and works through a variety of local and national philanthropic efforts.

LDI-IR

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

Source: loanDepot, Inc.

Loandepot Inc

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