loanDepot, Inc., one of America’s largest non-bank retail mortgage lenders, appointed Frank D. Martell as President and CEO in April 2022. A veteran of the financial services and data analytics industries with over 35 years of executive leadership experience, Martell succeeded founder Anthony Hsieh to lead the company’s digital-first mortgage platform, multi-channel lending operations, and strategic restructuring. During his three-year tenure, Martell focused on cost optimization, technology modernization, and steering loanDepot toward profitability amid a challenging interest rate environment. He departed the company on June 4, 2025, to take on the CEO role at SmartRent, Inc.

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Frank Martell – Quick Facts

loanDepot Competitors

loanDepot operates in the highly competitive U.S. mortgage lending industry. The key competitors of loanDepot include:

• Rocket Companies (Rocket Mortgage) – largest retail mortgage lender in the U.S.
• United Wholesale Mortgage (UWM) – #1 overall mortgage originator by volume
• PennyMac Financial Services – major non-bank mortgage originator and servicer
• Fairway Independent Mortgage – leading independent mortgage company
• Guild Mortgage – regional independent mortgage lender
• Better.com – digital-first mortgage disruptor
• New American Funding – large independent mortgage lender
• JPMorgan Chase – major bank-based mortgage originator

Frank Martell Net Worth 2026 – loanDepot CEO Salary

As of 2026, Frank Martell’s net worth is estimated at approximately $40–80 million USD, based on his accumulated stock holdings across multiple companies. During his career, Martell held significant equity positions in CoreLogic (over $29 million worth of shares), Information Services Group (over $7 million), and loanDepot (approximately 928,120 shares). He has also purchased shares in SmartRent, his current company.

loanDepot CEO Compensation Breakdown (FY2024)

loanDepot Net Worth 2026 – Is loanDepot Profitable?

No, loanDepot was not profitable on a GAAP basis during Frank Martell’s tenure. The company reported a net loss of $202 million in FY2024, though this represented an improvement from a $236 million net loss in FY2023. loanDepot’s adjusted EBITDA improved dramatically from $6 million to $84 million year-over-year, signaling progress toward sustainable profitability.

loanDepot Financial Summary (FY2024)

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loanDepot CEO Email Address | Frank Martell Contact

Below are the contact details and social media profiles associated with Frank Martell during his time as loanDepot CEO. Note that Martell departed loanDepot in June 2025 and his corporate email may no longer be active.

Career & Education – Company, University, & College

Frank Martell’s career spans over 35 years across the financial services, marketing, data analytics, and housing industries. He began his career with a 15-year tenure at General Electric, where he held a variety of financial leadership roles, including Corporate Auditor. This strong foundation in financial management and operational discipline shaped his leadership approach throughout his career.

From 1996 to 2006, Martell held progressively senior positions at ACNielsen Corporation (now Nielsen), serving as Vice President & Treasurer, Chief Operating Officer and President of Asia Pacific & Emerging Markets, Executive Vice President of the Marketing Information Group, and ultimately Chief Operating Officer and President of Europe, Middle East & Africa.

After ACNielsen, Martell served as Chief Financial Officer of Information Services Group, Inc. (ISG) and later as President & CEO of the Western Institutional Review Board (WIRB). In 2011, he joined CoreLogic, Inc. as Chief Financial Officer, was promoted to Chief Operating Officer in 2014, and was appointed President and CEO in March 2017 following the unexpected passing of CEO Anand Nallathambi. He led CoreLogic’s transformation into a leading global property data and analytics platform until departing in January 2022.

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In April 2022, Martell joined loanDepot, Inc. as President and CEO, succeeding founder Anthony Hsieh. During his three-year tenure, he oversaw a comprehensive restructuring and cost optimization program, navigated the impact of a significant cybersecurity incident, and drove the company’s adjusted EBITDA from near-zero to $84 million. He stepped down on June 4, 2025, and was subsequently appointed President and CEO of SmartRent, Inc., a smart home and building automation technology company.

Frank Martell Career Timeline

Education

Frank Martell Wiki – Age, Family, & More

Frank Martell is approximately 63–64 years old as of 2026 (exact birth date not publicly disclosed). He is married to his wife Donna Martell. The couple has a son who serves as an active-duty U.S. Army Ranger. Both Frank and Donna come from military families — Donna’s father Frank Kaszuba served in World War II as part of the D-Day landing in Normandy and the Battle of the Bulge before being taken prisoner of war, passing away at age 102.

Notable Achievements & Recognitions

• HousingWire Vanguard Award – Three-time recipient (2023, 2024, 2025) for leadership in the housing industry
• Inman Power Players – Named to Inman’s “Power Players” list for three consecutive years (2023, 2024, 2025)
• Inman Best of Finance Award – Recognized in both 2023 and 2024
• Globe and Anchor Award – Honored alongside wife Donna by the Marine Corps Scholarship Foundation (October 2024)
• OC CFO of the Year – Recognized as CFO of a public company in 2013 during his CoreLogic tenure
• Compass Board Member – Served on the Board of Directors of Compass, Inc.

Martell is a passionate advocate for military families and veterans. He has served for over six years on the Board of Directors of the Marine Corps Scholarship Foundation, where he chairs the governance committee. Frank and Donna have endowed a scholarship in honor of their late parents — Frank and Pat Martell, and Frank and Betty Kaszuba — supporting the education of children of Marines and Navy Corpsmen.

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About loanDepot

loanDepot, Inc. is one of America’s largest non-bank retail mortgage lenders, headquartered in Foothill Ranch, California. Founded in 2010 by Anthony Hsieh, the company pioneered a digital-first approach to mortgage lending, allowing consumers to buy or refinance homes through a streamlined online experience. loanDepot operates a multi-channel platform offering purchase loans, refinancing, home equity products, and personal loans.

The company grew rapidly in its first decade, averaging 38% year-over-year growth, and went public on the NYSE (ticker: LDI) in February 2021. At its peak, loanDepot originated over $137 billion in loans in 2020. As of FY2024, the company generated $1.06 billion in revenue with $24.6 billion in loan origination volume across approximately 4,900 employees.

Frequently Asked Questions (FAQ)

Who is the current CEO of loanDepot?

As of 2026, the current CEO of loanDepot is Anthony Hsieh, the company’s founder. Hsieh was named permanent CEO in July 2025 after serving as interim CEO following Frank Martell’s departure on June 4, 2025. Hsieh previously served as CEO from the company’s founding in 2010 until stepping down in April 2022.

What is Frank Martell’s net worth in 2026?

Frank Martell’s net worth in 2026 is estimated at approximately $40–80 million USD. This figure is based on his accumulated stock holdings across CoreLogic, Information Services Group, loanDepot, and SmartRent, as well as executive compensation earned over his 35+ year career.

What was loanDepot CEO Frank Martell’s salary?

Frank Martell’s total compensation for FY2024 was approximately $6.38 million, consisting of an $800,000 base salary, $1.17 million annual bonus, $4.4 million in stock awards, and $10,350 in other compensation. About 87% of his pay was performance-based.

What is loanDepot CEO’s email address?

Frank Martell’s former email address at loanDepot was [email protected]. Since his departure in June 2025, this address may no longer be active. For general inquiries, contact loanDepot’s investor relations at investors.loandepot.com.

Why did Frank Martell leave loanDepot?

Frank Martell announced his departure from loanDepot in March 2025, with his resignation becoming effective on June 4, 2025, at the company’s annual stockholder meeting. He subsequently became President and CEO of SmartRent, Inc., a smart home and building automation technology company where he had served on the board since June 2024.

Is loanDepot a profitable company?

As of FY2024, loanDepot was not profitable on a GAAP basis, reporting a net loss of $202 million. However, the company showed significant improvement, with adjusted EBITDA rising from $6 million to $84 million year-over-year and revenue increasing 9% to $1.06 billion.

Article last updated:February 2026March 2, 2026