Trending...
- One Night. One Encounter. A New Season Of Purpose
- Dynamic Relaunch as AI Predictive Cybersecurity Company Optimized to Prevent Threats Proactively: Cycurion, Inc. (N A S D A Q: CYCU)
- Bountiful Bowl Aims to Raise $50,000 to Support Meals on Wheels of the Greater Lehigh Valley
Proven leader with extensive experience in compliance and risk management to lead loanDepot's enterprise risk management program
FOOTHILL RANCH, Calif., Sept. 12, 2022 /PRNewswire/ -- loanDepot, Inc. ( NYSE: https://www.prnewswire.com/news-releases/#finan..." rel="nofollow">LDI) ("loanDepot" or the "Company"), a leading consumer lending and real estate services provider, today announced the appointment of Joseph Grassi as chief risk officer, effective immediately. He reports directly to loanDepot CEO Frank Martell.
Grassi is an experienced leader with deep expertise in legal and compliance risk management and strong relationships in the financial services industry. He will be responsible for enhancing the Company's risk management program and enterprise and loan-level risk governance policies, as well as managing potential operational risks.
"At the foundation of our Vision 2025 plan are the built-to-last principles of quality, compliance, and customer excellence," said Martell. "Responding to identified risks and continuing to effectively anticipate enterprise risks will be critical to position the Company for long-term growth and revenue generation. Joe's vision and invaluable expertise in both the residential real estate industry and regulatory arena will help enhance our risk management program, further align our quality initiatives with those of Fannie Mae, Freddie Mac and the FHFA, and propel loanDepot forward during a period of enormous change in the home finance industry."
More on The PennZone
Grassi brings over 35 years of experience in real estate finance and consumer lending compliance and law, with leadership roles across a number of companies and government agencies including Celebrity Home Loans, the United States Department of Housing and Urban Development, Guaranteed Rate, and Prospect Mortgage. He also spent time at Freddie Mac.
Notably, Grassi spent 20 years as a senior attorney for Fannie Mae, including as the lead counsel for the Multifamily and Single Family businesses. He ultimately served as the Interim General Counsel and Corporate Secretary for Fannie Mae, where he was responsible for overseeing Fannie Mae's legal and government and industry relations departments and providing strategic counsel to the CEO and Board. He began his career at Philadelphia-based law firm Obermayer, Rebmann, Maxwell & Hippel and holds both a Juris Doctorate and Bachelor of Science in Business Administration from Villanova University.
"I look forward to working with Frank and his entire leadership team at loanDepot to deliver on the company's vision of becoming an increasingly purpose-driven organization," said Grassi. "loanDepot has both an incredible reputation for fostering innovation and a deep commitment to its customer-first philosophy. I'm excited to leverage the strengths of the Company and team to help make the American dream of homeownership a reality for more families."
More on The PennZone
About loanDepot
loanDepot ( NYSE: https://www.prnewswire.com/news-releases/#finan..." rel="nofollow">LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster and less stressful to purchase or refinance a home. Today, as one of the nation's largest non-bank retail mortgage lenders, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional and national philanthropic efforts.
Media Contact:
Jonathan Fine
VP, Public Relations
(781) 248-3963
[email protected]
SOURCE loanDepot, Inc.
FOOTHILL RANCH, Calif., Sept. 12, 2022 /PRNewswire/ -- loanDepot, Inc. ( NYSE: https://www.prnewswire.com/news-releases/#finan..." rel="nofollow">LDI) ("loanDepot" or the "Company"), a leading consumer lending and real estate services provider, today announced the appointment of Joseph Grassi as chief risk officer, effective immediately. He reports directly to loanDepot CEO Frank Martell.
Grassi is an experienced leader with deep expertise in legal and compliance risk management and strong relationships in the financial services industry. He will be responsible for enhancing the Company's risk management program and enterprise and loan-level risk governance policies, as well as managing potential operational risks.
"At the foundation of our Vision 2025 plan are the built-to-last principles of quality, compliance, and customer excellence," said Martell. "Responding to identified risks and continuing to effectively anticipate enterprise risks will be critical to position the Company for long-term growth and revenue generation. Joe's vision and invaluable expertise in both the residential real estate industry and regulatory arena will help enhance our risk management program, further align our quality initiatives with those of Fannie Mae, Freddie Mac and the FHFA, and propel loanDepot forward during a period of enormous change in the home finance industry."
More on The PennZone
- RAS AP Consulting Advances 1099 Education and Readiness Initiative Through IFOL Training and Finance Technology Showcase
- Heritage at Manalapan Announces New 3.875% First-Year Mortgage Rate Buydown (7.11 APR)
- Conservative Latinos for PA PAC Endorses Stacy Garity for Governor: "Pennsylvania's Latino Families Need a Leader Who Delivers"
- AthleteMerch.com Surpasses 100,000 Custom Items Delivered to Fans Nationwide
- MoMojo Records Signs Gary Nicholson
Grassi brings over 35 years of experience in real estate finance and consumer lending compliance and law, with leadership roles across a number of companies and government agencies including Celebrity Home Loans, the United States Department of Housing and Urban Development, Guaranteed Rate, and Prospect Mortgage. He also spent time at Freddie Mac.
Notably, Grassi spent 20 years as a senior attorney for Fannie Mae, including as the lead counsel for the Multifamily and Single Family businesses. He ultimately served as the Interim General Counsel and Corporate Secretary for Fannie Mae, where he was responsible for overseeing Fannie Mae's legal and government and industry relations departments and providing strategic counsel to the CEO and Board. He began his career at Philadelphia-based law firm Obermayer, Rebmann, Maxwell & Hippel and holds both a Juris Doctorate and Bachelor of Science in Business Administration from Villanova University.
"I look forward to working with Frank and his entire leadership team at loanDepot to deliver on the company's vision of becoming an increasingly purpose-driven organization," said Grassi. "loanDepot has both an incredible reputation for fostering innovation and a deep commitment to its customer-first philosophy. I'm excited to leverage the strengths of the Company and team to help make the American dream of homeownership a reality for more families."
More on The PennZone
- Steve Weclew is Appointed by STS Capital Partners as Managing Director
- Communities In Schools of Eastern Pennsylvania Honors United Way and Local Leaders
- New Finnish Affiliate Site Ilmaiskierrokset.com Puts Wager-Free Spins in the Spotlight
- Major FDA Victory; Preservative-Free Ketamine Approved Ahead of November 10 Goal Date as Commercial Launch Opportunity Comes Into Focus for NRx Pharma
- Veterans Day Breakfast Celebration in Valley Forge to Honor America's Military Heroes
About loanDepot
loanDepot ( NYSE: https://www.prnewswire.com/news-releases/#finan..." rel="nofollow">LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster and less stressful to purchase or refinance a home. Today, as one of the nation's largest non-bank retail mortgage lenders, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional and national philanthropic efforts.
Media Contact:
Jonathan Fine
VP, Public Relations
(781) 248-3963
[email protected]
SOURCE loanDepot, Inc.
0 Comments
Latest on The PennZone
- Beyond the Odds: BetQL Combines Sharp Money Trends and Real Time Odds to Help Bettors Find Value
- Mark Schork and Terri Smith Honored by Philadelphia Bar Association as 'Bar Stars'
- WebDrafter Welcomes Dreamwork Exteriors as a New Marketing Client
- Glenn Lyvers Wins 2nd Place in Arizona State Poetry Society 2026 Annual Contest
- Access Control Security Shares 5 Ways Retailers Can Prevent Holiday Theft
- Bountiful Bowl Aims to Raise $50,000 to Support Meals on Wheels of the Greater Lehigh Valley
- Extreme Lead Program Highlights $27 Real Human Traffic Test for Affiliate and Network Marketers
- Longevity Academy Features Gail Humble, MD of KLOTHO SKIN in the Longevity Leaders Project
- Datavalet Named One of Quebec's Best Workplaces™ for 2026
- Phinge Corporation Engages Sheridan Ross PC for Certain Intellectual Property Matters
- Alan Hamilton of Shiver Hamilton Campbell Inducted as a Fellow of the American College of Trial Lawyers
- Slotozilla Hosts Exclusive Halloween Casino Bonuses for 2026
- One Night. One Encounter. A New Season Of Purpose
- "BROOKLYN, BROOKLYN, BROOKLYN" children's book and official YouTube channel launch on October 27th
- Expanding Into Medically Supervised Wellness With Major Apollo Wellness Centers Announcement; Sibannac, Inc. (Stock Symbol: SNNC)
- Nextlink Internet Deploys netElastic to Modernize Its Hybrid Broadband Network
- Dynamic Relaunch as AI Predictive Cybersecurity Company Optimized to Prevent Threats Proactively: Cycurion, Inc. (N A S D A Q: CYCU)
- EMBER™ Unveils the Workplace Identity Score™ (WIS™), the First Standard for Measuring Workplace Impact on Workforce Performance & Business Growth
- With Oil Prices Surging…Sky Quarry's Nevada Refinery Is Back in Action — CEO Highlights a Powerful New Growth Chapter for (N A S D A Q: SKYQ)
- Preston Dermatology & Skin Surgery Center and Dr. Sheel Desai Solomon Win Gold in Raleigh's Best Awards for Second Consecutive Year