The honor will be awarded at AREAA’s national conference later this month in recognition of his contribution to the industry in building of one of the largest mortgage lending operations in the country.
"It is very humbling to be recognized as Person of the Year by AREAA," Mr. Hsieh said. "For me, it has been important to challenge the status quo and look for smarter ways to approach business.”
AREAA says that Hsieh is a visionary whose contribution over more than 30 years, especially with digital mortgage and dynamic credit underwriting, aligns with AREAA's mission to increase homeownership in the Asian American and Pacific Islander community.
"Mr. Hsieh's recognition celebrates the powerful business leadership and the significant impact of Asian American entrepreneurship," says 2017 AREAA President Angie Lee of New York. "Beyond the business, Anthony is an immigrant whose personal story serves as inspiration for future generations. We cannot think of a more deserving person for this prestigious award."
More market update:
Anthony Hsieh, Chairman and CEO of loanDepot, is to be awarded person of the year by the Asian Real Estate Association of America.