California-based loanDepot has appointed Dan Hanson to a newly-created function of government director of enterprises partnerships and acquisitions as the corporate seeks to put money into successful growth-generating projects, it introduced on Thursday.  

The loan lender has had a number of adjustments to its management up to now this yr. In July, loanDepot appointed Darren Graeler as government vice chairman and leader accounting officer. In Would possibly, the lender promoted Alec Hanson, the corporate’s senior vice chairman of manufacturing for the West department, to leader advertising officer. 

Business veteran Dan Hanson joined loanDepot in 2011 and, in January 2017, changed into the corporate’s leader retail manufacturing officer, a role place he held for 6 years. Prior to loanDepot, he was once a managing director at Countrywide and a senior vice chairman at Financial institution of The united states.  

In keeping with the corporate, Hanson might be accountable for “growing new revenue-generating alternatives, together with nationwide referral relationships and acquisitions.” It does now not come with the corporate’s three way partnership channel.

Hanson will oversee, for instance, the “Lender Categorical providing,” which gives loan merchandise to credit score unions and different monetary establishments. 

The appointment helps LoanDepot’s Imaginative and prescient 2025 plan, introduced closing yr “to deal with the affects of the present marketplace downturn and nonetheless put money into our platform,” Jeff Walsh, the corporate’s president, mentioned in a commentary. 

“This contains riding progress thru accretive acquisitions, referral relationships and different strategic partnerships,” Walsh mentioned.  

loanDepot delivered its 5th consecutive quarterly loss in the second one quarter of 2023, however the corporate’s financials are making improvements to. The lender recorded a lack of $34.3 million in non-GAAP adjusted internet source of revenue from April to June, in comparison to a $60.2 million loss within the earlier quarter. 

In April, loanDepot introduced a solution to infighting between founder and chairman Anthony Hsieh and the board of administrators. 

A couple of months later, the corporate mentioned 4 most sensible executives would go away, together with CFO Patrick Flanagan, Leader Accounting Officer Nicole Carrillo, Leader Human Assets Officer Kevin Tackaberry and LDI Virtual President Zeenat Sidi. Adjustments in management got here with the verdict to consolidate LDI Virtual, together with mellohome, into its current manufacturing channels.