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Nonbank

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Exclusive: Mortgage lender loanDepot will soon offer personal loans 

Apr 21, 2015By

loanDepot CEO and Founder Anthony Hsieh’s goal to be the No. 1 nonbank consumer lender might not be too far from reality. The lender announced it will begin offering personal loans in the next month, marking the beginning of more growth outside the world of housing. Is this the new way of nonbank lenders?