Introducing ‘Anthony Hsieh’ The Innovative Mortgage Business Magnate
Introducing “Anthony Hsieh” The Innovative Mortgage Business Magnate
Anthony Hsieh An mortgage industry innovator, who is known for disrupting the status quo and creating companies with new distribution models delivered through a blend of high-tech operational excellence.
Hsieh gave the world its first online internet-based financial services company with loandirect.com, by offering on-line rate locks, disclosures, and loan documents through an online experience. The company remained one of the most profitable and successful mortgage lenders in the 90’s. The company was acquired by E*TRADE Financial in 2001.
While not satisfied with lending choices in 2002 , Hsieh founded HomeLoanCenter.com, the first online lender to offer a full spectrum of home loan products in all 50 states. It was merged with IAC/Interactive subsidiary “Lending Tree” in 2004.
Hsieh’s most recent creation of the lending landscape is loanDepot, LLC, founded in 2010. The first marketplace lender to offer American consumers a choice of credit products through purchase and refinance home loans, unsecured personal loans, and home equity loans on one convenient tech-enabled lending platform.
For more information about “Anthony Hsieh” go to: http://www.latimes.com/anthonyhsieh/Interview