Former Tech Leaders Return To Loandepot As Hsieh Reclaims Ceo Role

Dominick Marchetti and Sean DeJulia, two executives instrumental in developing loanDepot’s mello technology platform, are rejoining the company under the leadership of founder Anthony Hsieh.

Their return follows loanDepot’s announcement last week that Hsieh is back in the CEO role permanently. He founded the lender in 2010 and has outlined a renewed focus on returning to profitability, regaining market share and leading the company’s adoption of artificial intelligence.

In a statement, Hsieh said the new hires mark a “return to our roots of innovation” and aim to accelerate the company’s “digital transformation in both the near and long term.”

Marchetti, who was appointed chief digital officer, will focus on using technology to drive operational efficiency and competitive advantage. He previously served as loanDepot’s chief technology officer from 2015 to 2019 before joining Rate and later founding the consulting firm Mezzo.

DeJulia, now chief innovation officer, will focus on improving the loan manufacturing process across all production channels, with an emphasis on the top of the funnel. A former loan originator who began his career at Empower (now Dark Matter Technologies), DeJulia left loanDepot to launch Lodasoft, a company that streamlines mortgage manufacturing workflows.

loanDepot said that over the next three months, the executives will assess the “critical resources required to develop next-generation tools and capabilities,” with the goal of boosting operational performance and enhancing its competitive edge.

Based in Irvine, California, loanDepot — once the second-largest retail mortgage lender in the U.S. — has seen its market position shrink. It currently ranks as the 20th-largest lender, with $10.9 billion in origination volume in the first half of 2025, according to Inside Mortgage Finance.

The company reported a net loss of $40.7 million in the first quarter of 2025, a 43% improvement from its $71.5 million loss in the same quarter last year. Origination volume rose 14% year over year to $5.2 billion. loanDepot will report second-quarter earnings on Thursday.