California-based mortgage lender loan library (LDI) has added two new members to its sales leadership team.
On Wednesday, the company confirmed that Justin Andrews has been hired as the new regional sales manager for the Seattle area. Andrews joins LoanDepot with 25 years of mortgage industry experience, including most recently Liquid Mortgage.
Andrews has also previously held business development, sales and marketing roles at: hometown lender, American Finance, Williston Capital, Alor Bay Mortgage and Excellent Finance. In his new role at LoanDepot, he will be responsible for driving market share growth in Seattle and the surrounding region.
“Justin is the epitome of servant leadership,” loanDepot regional vice president Jeremy Bordner said in a prepared statement. “His motivation and leadership with confidence and clear direction will be an incredible addition to our rapidly growing Washington market.”
In late April, Jeff Wilkish joined LoanDepot after seven years at Movement Mortgage. Wilkish will serve as the company’s New England regional vice president, overseeing sales activities in Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.
“In line with our Vision 2025 plan, we are continually recruiting top talent,” John Bianchi, executive vice president of LoanDepot, said in a statement. “As we consider how to fill this critical leadership position, we are looking for people who are both original and talented.” ’s preeminent developer and part of the fabric of New England.
“Jeff is a native New Englander who ticks all the boxes. He is deeply involved in the area real estate agent, builder and mortgage community and has built an impressive, long-term track record of leading top teams. A two-year record. One of his core strengths is helping his team achieve career-best results.
Prior to joining Movement Mortgage in South Carolina, Wilkish held sales leadership roles at: primary residence mortgage, Guaranteed rate and first finance mortgage.
“Since we acquired mortgage guru “In 2015, New England has been a key market for LoanDepot’s future vision,” added Jeff Walsh, president of LDI Mortgage. “Jeff’s expertise and leadership will be invaluable as we continue to solidify our position and grow in this key market.”
LoanDepot and Movement Mortgage are embroiled in an ongoing legal dispute over allegations they poached two loan officers in late 2021 and early 2022. U.S. District Court for the District of Delaware In June 2023, the case was still in the discovery stage, according to documents reviewed by the court. house line.
A spokesman for Movement Mortgage did not immediately respond to a request for comment on the hirings of Andrews and Wilkish.
LoanDepot remained in the red in the first quarter of 2024, announcing last month a non-GAAP adjusted net loss of $38 million from January to March. The company lost $26.6 million in the fourth quarter of 2023 and $59 million in the first quarter of 2023. Customer’s personal data.
