“We are at a critical point in our growth trajectory as a new public company focused on expanding and enhancing our technology-powered products and services to continue providing seamless experiences for our customers throughout their homeownership journey,” said loanDepot CEO Anthony Hsieh. “Mike is well known for his unique ability to build strong customer relationships and brands, and Pam has extensive experience solving complex problems in the real estate and housing policy space. Together, they will be instrumental in helping our board and management to drive long term value for our stakeholders by delivering on our mission to delight customers and exceed their expectations.”

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“loanDepot has been a true disruptor in the mortgage industry and built an incredibly strong business by anticipating the housing market and setting the pace for others to follow,” Patenaude said. “It is an honor to join the board, Anthony and his team as they embrace the opportunities in this constantly shifting mortgage market and continue to innovate at the forefront of this industry.”

“It is an extraordinary opportunity to serve on the board of a company that clearly understands the importance of having a recognizable and trustworthy brand that resonates with its core customers,” Linton said. “As remarkable as its first 11 years have been in building its esteemed reputation, loanDepot has incredible potential to reach and impact even more customers by building on its track record of introducing innovative products and services.”