Anthony Hsieh is a lifelong entrepreneur and the chairman, chief executive officer and founder of loanDepot, an emerging-growth nonbank consumer lender.
He is a national mortgage industry expert and innovator who has successfully navigated through multiple housing and economic cycles spanning 30+ years. He is known for integrity, innovation and market timing.
In 1989, he acquired a mortgage brokerage company and quickly transformed it into LoansDirect.com just as the internet sector was taking off. The company remained one of the most profitable and successful mortgage lenders in the 1990s, and was acquired by E*TRADE Financial in 2001.
In 2002, Hsieh founded HomeLoanCenter.com, the first online lender to offer a full spectrum of home loan products in all 50 states featuring live interest rate quotes and loan offerings tailored to individual borrower needs and credit profiles. Hsieh continued to lead the business for three years after merging with IAC/Interactive subsidiary LendingTree in 2004.
Hsieh launched loanDepot in 2010 with a commitment to responsible lending and customer-first service. In just seven short years, loanDepot has grown to become the nation's fifth largest retail mortgage originator, and the second largest nonbank consumer lender. loanDepot employs 6,500 lending professionals across the country including 1,800+ licensed loan officers who hold 14,000+ licenses. The company operates 200 local loan locations nationwide.
Always looking to the future, Hsieh also led loanDepot into nonmortgage consumer lending to diversify the company’s origination portfolio so it remains sustainable in all market conditions and a national nonbank lender of choice.
Beyond business, Hsieh has had a love for the ocean, boating, and sport fishing that dates back to his childhood. Today, he is owner, angler and captain of Team Bad Company, the world’s most successful big-game competitive fishing team in the history of the sport. Team Bad Company has a team of seven and uses a specially outfitted 101-foot vessel that is among the most technologically advanced sport-fishing yachts in the world. The team has won more than $6 million in prizes, has caught Blue and Black Marlins exceeding 900 lbs., and has caught and released thousands of Marlins around the world.