loanDepot CEO Frank Martell congratulates industry veteran on move
Nonbank retail lender loanDepot has announced the appointment of one of its independent directors, Pamela Hughes Patenaude (pictured), as the chair of Home Builders Institute (HBI) board of trustees, a non-profit that provides trade skills education for home builders.
loanDepot CEO Frank Martell expressed his congratulations and excitement for Patenaude’s appointment, recognizing her as a national leader with deep expertise in the housing economy.
“On behalf of the entire loanDepot team, I want to congratulate Pam on her appointment as the chair of the Home Builders Institute’s board of trustees,” Martell said. “Pam is a recognized national leader with deep subject matter expertise across a broad array of areas critical to the current and future success of the housing economy. Her unique experience and broad perspectives are particularly valuable as we implement our Vision 2025 strategic plan, which focuses on first-time home buyers, purpose-driven lending solutions and promoting affordability and diversity. We expect the execution of Vision 2025 will position loanDepot for long-term success.”
Additionally, Patenaude recently joined the National Housing Conference’s board of governors. She is also a principal at Granite Housing Strategies and serves on several non-profit boards, including Habitat for Humanity International. From 2017 to 2019, Patenaude served as deputy secretary of the US Department of Housing and Urban Development (HUD) and, before that, as president of the J. Ronald Terwilliger Foundation for Housing America’s Families as well as the director of Housing Policy for the Bipartisan Policy Center.
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