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Viviana Abarca Promoted to Managing Director of Mortgage Lending Operations at loanDepot

Author

Slice of Real Estate Team
June 20, 2024

Key Highlights:

  • Viviana Abarca promoted to Managing Director of Mortgage Lending Operations.

  • Abarca joins loanDepot’s Executive Committee.

  • Vision 2025 strategic plan focuses on transformation and growth.

  • Abarca to lead loanDepot’s loan processing, underwriting, and closing operations.

  • Company aims to enhance operational capabilities and stakeholder value.

Source (Business Wire)

Notable Quotes

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"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. Viviana is a consummate professional with an exceptional ability to achieve challenging objectives in all business cycles."

Frank Martell, President and CEO at loanDepot
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"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. This is critical work that will support the growth and success of loanDepot as we pivot into the next cycle.”

Viviana Abarca, Managing Director of Mortgage Lending Operations at loanDepot

Our Take:

Viviana Abarca’s promotion to Managing Director of Mortgage Lending Operations at loanDepot underscores the company’s commitment to bolstering its operational capabilities in alignment with its Vision 2025 strategic plan. Abarca's extensive experience and leadership in the mortgage industry position her well to drive critical operational enhancements. Her role will be pivotal in advancing loanDepot’s goals of transforming its origination business, investing in growth initiatives, optimizing cost structures, and streamlining organizational processes. This strategic move highlights loanDepot's proactive approach to sustaining growth and delivering exceptional value to its stakeholders.