Commenting on the move, loanDepot founder and CEO Anthony Hsieh said: “We have invested heavily to create our proprietary mello platform, which has been carefully engineered to bring our goal to fruition. We’ve assembled the greatest minds in technology, including our chief digital officer George Brady and now chief technology officer Bill Wied, to continue to build on this legacy as we double down on our commitment to technology and innovation.” 

Last month, loanDepot announced that it will hire “a number of bright, energetic individuals from diverse backgrounds” to fill multiple positions across its rapidly growing in-house servicing unit.

Read more: loanDepot initiates nationwide hiring spree

“Delivering a seamless, best-in-class digital mortgage experience through unparalleled technology is our number one goal,” Brady said. “Bill’s reputation and proven leadership across a range of innovative products and technologies, and his experience at all levels of strategic planning, product engineering and organizational development, make him an incredible asset to our team. His passion for loanDepot’s technological vision of continuous innovation and excellence will play a critical role in our ongoing pursuit to transform the entire homeownership journey.”

“I’m thrilled to join team loanDepot and have closely observed the company’s astounding achievements in the hyper-competitive mortgage lending space,” Wied said. “Most important, I’m impressed with Anthony’s vision and success in effectively developing and leveraging proprietary technology to better serve our customers throughout the homeownership journey. I’m excited to partner with George and the broader team to build upon this dynamic legacy and further revolutionize the mortgage lending industry to meet the changing expectations of consumers.”