An industry innovator and trailblazer, Anthony Hsieh is known for disrupting the status quo and creating companies with new distribution models delivered through a blend of high-tech, high-touch operational excellence. With loandirect.com, Hsieh gave the world its first online internet-based financial services company, offering on-line rate locks, disclosures, and loan documents through an online experience. The company remained one of the most profitable and successful mortgage lenders in the 1990s. It was acquired by E*TRADE Financial in 2001.
Not satisfied with lending choices in 2002 , Hsieh founded HomeLoanCenter.com, the first online lender to offer a full spectrum of home loan products including first and second mortgages and HELOC loans in all 50 states. It was merged with IAC/Interactive subsidiary LendingTree in 2004.
Hsieh’s most recent disruption of the lending landscape is loanDepot, LLC, founded in 2010. The first marketplace lender to offer American consumers a choice of credit products through purchase and refinance home loans, unsecured personal loans, and home equity loans on one convenient tech-enabled lending platform. Today, the company employs 5,000+ people, operates 139+ lending stores and five online loan production centers across the country.
Beyond business, Hsieh has had a love for the ocean, boating, and sport fishing that dates back to his childhood. He is owner and angler of Team Bad Company, the world’s most successful big-game competitive fishing team. Team Bad Company has a fleet of boats strategically placed through the world including Cabo San Lucas, Kona Hawaii and other exotic locations. 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.
Founder, CEO @ America's lender, loanDepot.com, LLC is disrupting consumer finance and redefining the market with less division between mortgage and nonmortgage credit amid changes in consumer behavior and technology, economic cycles and market consolidation. loanDepot is the nation’s second largest nonbank consumer lender, and the first marketplace lender to offer consumers purchase and refinance home loans, unsecured personal loans, and home equity loans on one convenient tech-enabled lending platform. The company’s platform powers the loanDepot, imortgage, Mortgage Master and LDWholesale brands. loanDepot employs more than 5,000 people including more than 1,400 licensed loan officers who hold 7,000+ license in all 50 states. From December 2009 to Present (6 years 1 month) CEO @ From February 2004 to July 2007 (3 years 6 months) CEO @ From February 2002 to February 2004 (2 years 1 month) CEO @ From January 1997 to February 2001 (4 years 2 months)
Anthony Hsieh is skilled in: Aquisition, Banking, Business Development, Credit, Customer Satisfaction, Customer Service, Entrepreneurship, Executive Management, FHA, Finance, Financial Analysis, Financial Services, First Time Home Buyers, Investment Properties, Investments