FOUNDER, CHIEF EXECUTIVE, LOANDEPOT
DAY JOB: Runs country’s second largest non-bank mortgage lender. Made $45 billion in loans last year, has originated nearly $200 billion in loans since 2010 founding, mostly mortgages.
MAKING A DIFFERENCE: Among OC firms ramping up job hiring during crisis. Held series of virtual job fairs to help fill a 3,000-worker expansion. Company as of October employed some 10,000 workers at Foothill Ranch and other area locations, all of whom are working remotely. Hiring push due to low mortgage rates and loan activity rising, as well to move to more online lending services. Firm says it is working with borrowers who have lost jobs during the crisis.
NOTABLE: Job openings at LoanDepot range from sales and operations to marketing and information technology at all skill levels. “We’re in a new norm, but it’s a norm that we were prepared for,” Hsieh said of virtual job fairs. “Our team has created a process by which candidates can apply, on-board and train in an entirely virtual way.”
QUOTABLE: “Today was very important to us for two reasons,” Hsieh said after first job fair. “First, we want prospective candidates to know that there are outstanding job opportunities available with us. And, second, we want people to have greater awareness of the significant work we are doing to make a difference in the lives of people nationwide.”
FAST FACTS: LoanDepot in April announced a $1 million donation to support 20,000 COVID-19-impacted individuals. Company is also serving OC community by providing meals, masks, hand sanitizers, computers and Wi-Fi connectivity to enable children to continue their schoolwork.
