FOUNDED: 2010 by Anthony Hsieh. The company quickly became one of Orange County’s fastest-growing financial services firms after the Great Recession. He led loanDepot as CEO and Chairman until 2022, then returned last year to assume those roles permanently.
HQ: Irvine
OC SIGNIFICANCE: Company among the nation’s largest mortgage originators. Pioneered digital mortgage origination through its proprietary mello technology platform. Rode drop-in interest rates caused by the 2020-21 pandemic to originate billions in mortgages. Employed 11,300 in 2022, which has since dropped to 4,700.
DEFINING MOMENT: In February 2021, loanDepot went public on the NYSE with the ticker LDI. It was one of the biggest financial services IPOs in Orange County in the past decade. Market cap topped $4B before cratering on rising interest rates.
BY THE NUMBERS: Has originated $584B in mortgages since founding. 2025 revenue rose 12% to $1.19B.
QUOTABLE: “I am thrilled to return to the helm of the company that I, along with many members of Team loanDepot, built from the ground up. There’s a unique energy that comes from being a founder, and I believe the passion and drive of that ‘founder’s mindset’ will be an advantage as we recommit to innovation and rekindle the competitive spirit that has always made loanDepot special. Above all, my focus is to drive profitable growth and regain the market share that we built in the first 12 years of our Company. We will return to competing at the highest levels.” —Anthony Hsieh
FUN FACT: In 2021, loanDepot bought the naming rights to the Miami Marlins’ home stadium and renamed it loanDepot Park. This made loanDepot the only Orange County company to have its name on a Major League Baseball stadium.