Records reveal the billionaire buyer is Anthony Hsieh, the high-profile Taiwanese-American business magnate who founded LoanDepot, the Orange County-based mortgage juggernaut that bills itself as the nation’s fifth-largest retail mortgage lender, having funded nearly $250 billion in loans since its 2010 inception. loanDepot, Inc. Q1 2021 ... Risk Factors section of our filings with the SEC. LoanDepot plans to use proceeds from its part of the offering to buy back pre-IPO shares from its investors and executives, including some of founder and CEO Anthony Hsieh’s stake. Dorman also previously served as Co-Chairman of Online Resources Corporation from January 2010 to June 2010, and as Interim Chief Executive Officer from April 2010 to June 2010. Rob Giem of Compass held the listing; Tim Smith of Coldwell Banker repped Hsieh. Per the listing, there’s also a mansion-sized, 6,800-square-foot subterranean garage that can easily swallow 12 luxury vehicles. Lepore previously served on the boards of directors of Coupons.com from February 2012 to November 2017, AOL Inc. from November 2012 to June 2015, The TJX Companies, Inc. from June 2013 to June 2014, eBay Inc. from December 1999 to January 2013, The New York Times Company from 2008 to 2011, drugstore.com, inc. from 2004 to 2011 and Wal-Mart Stores Inc. from 2001 to 2004. The estate lies within the 24/7 guard-gated Crystal Cove development, the mansion-filled enclave home to local and international billionaires, including a notably large percentage of homeowners who hail from Mainland China. From October 1998 to August 2003, he served as Chief Executive Officer of Digital Insight Corporation, a provider of software-as-a-service for online banking and bill payment for financial institutions, and served on the board of directors of Digital Insight until the company was acquired in 2007 by Intuit, Inc. Dorman served as Senior Vice President of the Global Financial Services Division of Oracle Corporation from August 1997 to October 1998; and Chairman and Chief Executive Officer of Treasury Services Corporation, a provider of modeling and analysis software for financial institutions, from 1983 to 1997. Brian P. Golson is the Co-CEO and Managing Partner at Parthenon Capital and has been with Parthenon Capital since 2002. As an industry expert, Anthony Hsieh regularly contributes to … Earlier this year, businessman Glenn Stearns paid $50 million for author Dean Koontz’s architecturally vague Newport Coast megamansion; back in 2018, automobile billionaire Larry Van Tuyl tossed out $55 million for a two-house compound in Corona del Mar. He has also served as a director of the company or its affiliate, loanDepot.com, LLC, since December 2009. If you experience any issues with this process, please contact us for further assistance. “Just talked to an industry titan who asked if we are under an agreement to sell to Amazon,” Hsieh wrote on his personal LinkedIn blog in June. That’s because he already owns one — since 2014, in fact, when he paid $16 million for an 8,000-square-foot Mediterranean mansion that sits on Linda Isle, the guard-gated island overlooking Newport Harbor. In 1989, he acquired a mortgage brokerage company and transformed it into LoansDirect.com just as the internet sector was taking off. Records show he sold that place back in 2015 for $9.4 million to its current owners: the Merage clan, the billionaire Iranian-American family best-known for inventing Hot Pockets. Said Founder and CEO Anthony Hsieh, "As the Official Mortgage Provider of the MLB and the Marlins, we are committed to delivering the dream of homeownership to Americans nationwide—and as the naming sponsor of loanDepot park, we are equally committed to bringing a … The … But perhaps the most surprising thing about this $61 million Orange County estate is that it’s not oceanfront — nor is it anywhere close to the water, for that matter. For loanDepot CEO Anthony Hsieh, creating a transformational mortgage experience through technological innovations has been his dedicated focus. 7930 W Kenton Cir STE 330. It has also served as a COVID-19 testing and vaccination site, and it has hosted weekly drive-thru food distributions during the pandemic. You must click the activation link in order to complete your subscription. The house was built and sold by Mark Donegan, the former CEO of industrial goods giant Precision Castparts. Located in the hills far above the Newport coastline, the one-acre property is at least a good 10-minute drive to the beach, though there are stunning ocean views from nearly every room in the house. foothill ranch, ca Anthony Hsieh is the CEO and Chairman of loanDepot, the nation’s second largest nonbank consumer lender and top 5 retail … Anthony Hsieh, financial services veteran and entrepreneur, in a partnership with Parthenon Capital Partners and advised by Milestone Capital, is pleased to announce the launch of loanDepot.com. By Anthony Hsieh Recent market conditions for IPOs and the companies vying for their unicorn status have generated a lot of interest, to say the least. loanDepot Chairman and CEO Anthony Hsieh talks with FOX Business News Anchor Neil Cavuto on Cavuto: Coast to Coast. Access the headquarters listing for LoanDepot here. from Smith College. It was conceptualized in 2018 by loanDepot Founder and CEO, Anthony Hsieh, who is also owner and leader of Team Bad Company, a world-class, record-holding competitive sportfishing fleet. LoanDepot Chief Executive Anthony Hsieh certainly did. At loanDepot, Inc., we promise to treat your data with respect and will not share your information with any third party. Hsieh, an avid sailor and fisherman who is also something of a LinkedIn social media celebrity — his relentlessly frequent posts and activity on that platform have become the stuff of online legend — also once owned another Newport Coast mansion. loanDepot Founder and CEO, Anthony Hsieh, and MBS Highway Founder and CEO, Barry Habib, to talk about the current state of the mortgage industry. LoanDepot CEO Anthony Hsieh tells Employees To Quit Whining And Complaining. Hsieh has more than 30 years of experience in the lending industry. Huntersville, ... Mr. Anthony Hsieh, Chairman and CEO (Headquarters Contact) Contact Information. Variety and the Flying V logos are trademarks of Variety Media, LLC. In any case, Hsieh has no need for an oceanfront home in Newport Beach. Mr. Hsieh, 50, is the chairman, chief executive and founder of loanDepot, a nonbank consumer mortgage lender with headquarters in Foothill Ranch, Calif., and … He founded loanDepot in 2010 and took it public in February 2021; he … Anthony Hsieh founded loanDepot and has served as Chairman and Chief Executive Officer since the formation of the business in December 2009. Anthony Hsieh is the founder and CEO of California-based mortgage lender loanDepot. Mortgage lending entrepreneur Anthony Hsieh concedes his industry made mistakes before the housing crash. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. Just four months after it was first listed with a $68 million pricetag, a mansion in Orange County’s Newport Coast neighborhood has sold for a still-incredible $61 million, the L.A. Times first reported. Dorman previously served as a director of Online Resources Corporation, a developer and supplier of electronic payment services, from May 2009 until it was sold to ACI Worldwide, Inc. in March 2013, and as its Chairman from June 2010 until the sale. Dawn Lepore has served as a director of the company or its affiliate, loanDepot.com, LLC, since July 2015. Lepore previously served as Interim Chief Executive Officer of Prosper Marketplace, Inc., an online peer-to-peer lending platform, from March 2012 to January 2013, and as Chairman and Chief Executive Officer of drugstore.com, inc., an online retailer of health and beauty care products, from October 2004 until its sale to Walgreen Co. in June 2011. You can sign up for additional alert options at any time. He is new to the billionaire list this year. He continued to lead the business for three years after it merged with IAC/Interactive’s subsidiary, LendingTree in 2004. By providing your email address below, you are providing consent to loanDepot, Inc. to send you the requested Investor Email Alert updates. loanDepot, a unicorn startup that has surpassed the $1 billion valuation, is one of the very few success stories not from Silicon Valley. For the privilege of living behind the exclusive Crystal Cove gates, Hsieh will pay $2,500 per month in HOA dues. loanDepot CEO Anthony Hsieh, who noted the company had been looking for alliances in and out of baseball, mentioned aligning values like culture, spirit and overall understanding of performance and leadership. Led by industry innovator and CEO Anthony Hsieh, loanDepot’s customer-centric approach, paired with its proprietary mello ® software platform, continues to disrupt the mortgage industry. 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