loanDepot Promotes Viviana Abarca to Managing Director of Mortgage Lending Operations

loanDepot, a leading provider of lending solutions, has announced the promotion of Viviana Abarca to Managing Director of Mortgage Lending Operations. Abarca, who will report directly to loanDepot President and Chief Executive Officer Frank Martell, will join the Company’s Executive Committee and be based in loanDepot’s Phoenix-area operations hub.

Abarca is a seasoned mortgage professional with over 11 years of experience in leadership positions at loanDepot. She most recently served as Executive Vice President of Lending Operations. In her new role, Abarca will be responsible for leading loanDepot’s loan processing, underwriting, and closing operations.

“Building a world-class operations team is an integral part of our Vision 2025 strategic plan. I cannot think of anyone better than Viviana to take our operational capabilities to the next level in the coming years to support accelerated growth and durable stakeholder value creation.” - Frank Martell

Abarca’s promotion is in line with loanDepot’s Vision 2025 strategic plan, which focuses on four main areas: transforming the originations business, investing in profitable growth-generating initiatives, aggressively right-sizing the cost structure, and optimizing and simplifying the organizational structure.

loanDepot’s Vision 2025 strategic plan

Abarca’s new role will involve leading loanDepot’s loan processing, underwriting, and closing operations. She will be responsible for driving operating leverage, developing new customer-facing tools and functionality, and implementing operational and structural changes to optimize and streamline operations.

“We have a phenomenal team, a phenomenal platform, and an exciting opportunity to take our existing operational excellence to the next level. We will continue to strive to exceed the expectations of our customers and deliver a best-in-class experience to our origination partners.” - Viviana Abarca

About loanDepot

loanDepot is a leading provider of lending solutions that make the American dream of homeownership more accessible and achievable for all. Since its launch in 2010, the company has been recognized as an innovator, using its industry-leading technology to deliver a superior customer experience.

The American dream of homeownership

Today, as one of the largest non-bank lenders in the country, loanDepot and its mellohome operating unit offer an integrated platform of lending, loan servicing, real estate, and home services that support customers along their entire homeownership journey.

First-time homebuyers

loanDepot’s passionate team is dedicated to making a positive difference in the lives of their customers every day.

loanDepot’s passionate team