loanDepot Taps Brian Biglin As Chief Risk Officer

Posted by Patrick Barnard on April 22, 2015 No Comments
Categories : Residential Mortgage

Brian Biglin has joined non-bank mortgage lender loanDepot as chief risk officer.

Biglin, a widely respected leader in the lending and technology industries, previously worked for Intuit, where he led the company's global risk, compliance, pricing and risk operations for payment, payroll and small business groups, loanDepot says in a release.

He also previously served as chief credit risk officer at PayPal, a subsidiary of eBay. There, he led a credit portfolio of $5.8 billion and managed $180 million in credit and fraud losses, with responsibility for portfolio management strategies, statistical modeling and credit risk product architecture. His career also includes senior leadership roles in business intelligence, financial modeling and product development for Microsoft, Washington Mutual, Household Finance and Bill Me Later.

In his new role, Biglin will lead the innovation of new mortgage and non-mortgage loan products, credit risk models and connecting capital markets to consumer demand as loanDepot moves to accelerate its growth strategy.

Earlier this month, loanDepot announced that it is on track to offer unsecured personal loans, the company's first non-mortgage lending product. In March, the company funded $2.8 billion in consumer home loans across all business channels in all 50 states.

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