IRVINE, Calif., Oct 29, 2014 /PRNewswire/ -- LDWholesale, the third-party origination division of loanDepot LLC, today announced that Jack O'Brien has joined LDWholesale as vice president, east regional sales.
O'Brien brings over 25 years of industry experience in both retail and third-party origination lending. Most recently, he had been the northeast regional manager of Fifth Third Bank's Wholesale division; prior to Fifth Third, O'Brien was vice president, east regional sales manager for National City's Wholesale Home Equity business unit.
As vice president, east regional sales, O'Brien is responsible for recruiting, hiring and managing the account executive teams in the Northeast and Southeast regions. He reports directly to Jeff Walsh, president of LDWholesale.
"We are excited to have Jack join us in this pivotal role as we expand further into the East Coast. He has an excellent track record for growing a team of high performers who understand the needs of today's busy and successful mortgage broker," Jeff Walsh said. "He is well-respected in the industry and brings with him years of experience that will help our team grow in a fast changing market environment."
With the appointment of Jack O'Brien, LDWholesale also announced that Susan Angel, Chris Hartke, Rob Volko, Steve Bavaro and Dave Johnson have all joined LDWholesale as account executives in order to meet the growing needs of business demands on the East Coast.
Angel will manage the North and Central New Jersey markets. She was most recently an account executive at Fifth Third Bank's Wholesale Lending unit. Prior to that, Angel was a successful account executive at Chase Manhattan Home Equity from 1997-2008.
Chris Hartke will manage the Maryland and Washington D.C. area markets as an account executive. Prior to joining LDWholesale, Hartke served as an account executive at Fifth Third Bank.
Rob Volko will build and manage the Eastern Pennsylvania, South New Jersey and Delaware markets. Prior to joining LDWholesale, Volko led the correspondent division of Meridian Bank, served as an account executive for M&T Bank's third-party lending division as well as National City's Wholesale Home Equity division.
Steve Bavaro will lead the downstate New York market. Prior to joining LDWholesale, Bavaro most recently served at New Penn Financial as an account executive. He was previously an account executive at Fifth Third Bank as well as National City's Wholesale Home Equity division.
Dave Johnson will lead the business development efforts in Virginia. Prior to joining LDWholesale, Johnson served as an account executive at Fifth Third Bank's Wholesale Lending unit and was an account executive with EquiFirst.
Jeff Walsh said, "This group is recognized as top-performers who push for their customers first and foremost. We are excited to welcome them to LDWholesale, and look forward to the work they'll do in helping mortgage originators build their businesses."
Launched in 2010, loanDepot LLC, is one of the nation's fastest growing non-bank lenders in the country with Retail, Consumer Direct, Wholesale, Affinity and Servicing operations. loanDepot LLC operates under the brand names of loanDepot.com, imortgage and LDWholesale, and maintains dual corporate headquarters in Foothill Ranch, CA and Plano, TX. loanDepot LLC is licensed in all 50 states, generates loan production from four web centers, employs 2,900 people including 900 licensed mortgage bankers, and operates 85+ imortgage branch locations across the nation. loanDepot is an approved seller and servicer for Fannie Mae, Freddie Mac and Ginnie Mae. loanDepot.com, LLC, NMLS # 174457 Learn more at loanDepot.com.
LDWholesale is the third-party origination channel of loanDepot LLC, one of the fastest growing private, independent lenders in the country, with business in Retail, Consumer Direct, Wholesale, Affinity and Servicing operations. Serving mortgage brokers in all 50 states, LDWholesale delivers an integrated and seamless technology-based lending experience for business partners and customers that are transparent, fast and seamless. LDWholesale offers a competitively priced suite of Conventional Conforming, Conventional Hi-Balance, HARP, Jumbo, FHA and VA loan products. loanDepot LLC, NMLS # 174457.
SOURCE loanDepot.com, LLC