loanDepot Reaches Settlement, Agreement with Founder and CEO Anthony Hsieh themreport.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themreport.com Daily Mail and Mail on Sunday newspapers.
Per the settlement, the board of directors will expand its headcount to nine, opening the door to include Steve Ozonian, CEO of Williston Financial Group.
Anthony Hsieh has launched a proxy fight against the company he founded and built into one of the nation’s largest mortgage originators loanDepot Inc.
The founder is in a spat with the board after nominating real estate veteran Steve Ozonian to serve on the floundering mortgage lender's board of directors.