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LendingPoint Appoints Shawn Stone as Chief Executive Officer

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LendingPoint, an online loan origination and servicing platform, has appointed Shawn Stone as its new Chief Executive Officer and Board member. Stone brings over 25 years of experience in financial services, including online loan origination, servicing operations, credit, and capital markets. He previously held executive positions at Mr. Cooper (NASDAQ: COOP), where he helped build the company into the largest home loan servicer in the U.S. Stone also served as CEO of Renovate America and as a senior advisor for Bayview Asset Management. His appointment comes at a pivotal time in LendingPoint's growth, with the company aiming to leverage his expertise in driving organizational success and delivering superior results.

LendingPoint, una piattaforma online per l'erogazione e la gestione di prestiti, ha nominato Shawn Stone come nuovo Amministratore Delegato e membro del Consiglio. Stone porta con sé oltre 25 anni di esperienza nei servizi finanziari, inclusi l'erogazione di prestiti online, le operazioni di gestione, il credito e i mercati dei capitali. In precedenza, ha ricoperto posizioni dirigenziali presso Mr. Cooper (NASDAQ: COOP), dove ha contribuito a trasformare l'azienda nel più grande prestatore di mutui negli Stati Uniti. Stone ha anche ricoperto il ruolo di CEO di Renovate America e di consulente senior per Bayview Asset Management. La sua nomina avviene in un momento cruciale per la crescita di LendingPoint, dato che l'azienda mira a sfruttare la sua esperienza per guidare il successo organizzativo e fornire risultati superiori.

LendingPoint, una plataforma de originación y servicio de préstamos en línea, ha nombrado a Shawn Stone como su nuevo Consejero Delegado y miembro de la Junta. Stone aporta más de 25 años de experiencia en servicios financieros, que incluyen originación de préstamos en línea, operaciones de servicio, crédito y mercados de capitales. Anteriormente ocupó cargos ejecutivos en Mr. Cooper (NASDAQ: COOP), donde ayudó a convertir a la empresa en el mayor administrador de préstamos para viviendas en EE. UU. Stone también fue CEO de Renovate America y asesor senior para Bayview Asset Management. Su nombramiento se produce en un momento pivotal en el crecimiento de LendingPoint, ya que la empresa busca aprovechar su experiencia para impulsar el éxito organizacional y ofrecer resultados superiores.

LendingPoint는 온라인 대출.origin 및 서비스 플랫폼으로 Shawn Stone을 새로운 CEO 및 이사로 임명했습니다. Stone은 온라인 대출.origin, 서비스 운영, 신용 및 자본 시장을 포함하여 25년 이상의 경험을 보유하고 있습니다. 그는 이전에 Mr. Cooper (NASDAQ: COOP)에서 경영직을 맡았으며, 이 회사가 미국에서 가장 큰 주택 대출 서비스 제공업체로 성장하는 데 기여했습니다. Stone은 또한 Renovate America의 CEO로 일했으며 Bayview Asset Management에서 선임 고문으로 활동했습니다. 그의 임명은 LendingPoint 성장의 중대한 시점에서 이루어지며, 이는 회사가 조직의 성공과 우수한 성과를 이끌어내기 위해 그의 전문성을 활용하려고 하기 때문입니다.

LendingPoint, une plateforme en ligne d'octroi et de gestion de prêts, a nommé Shawn Stone comme son nouveau Directeur Général et membre du Conseil d'Administration. Stone apporte plus de 25 ans d'expérience dans les services financiers, y compris l'octroi de prêts en ligne, les opérations de service, le crédit et les marchés de capitaux. Auparavant, il a occupé des postes de direction chez Mr. Cooper (NASDAQ: COOP), où il a contribué à faire de l'entreprise le plus grand gestionnaire de prêts immobiliers aux États-Unis. Stone a également été PDG de Renovate America et conseiller senior pour Bayview Asset Management. Sa nomination intervient à un moment crucial pour la croissance de LendingPoint, l'entreprise cherchant à tirer parti de son expertise pour favoriser le succès organisationnel et obtenir des résultats supérieurs.

LendingPoint, eine Online-Plattform für die Kreditvergabe und -verwaltung, hat Shawn Stone zum neuen Geschäftsführer und Mitglied des Vorstands ernannt. Stone bringt über 25 Jahre Erfahrung im Finanzdienstleistungssektor mit, einschließlich der Online-Kreditvergabe, den Serviceoperationen, dem Kreditwesen und den Kapitalmärkten. Zuvor bekleidete er Führungspositionen bei Mr. Cooper (NASDAQ: COOP), wo er half, das Unternehmen zum größten Hypothekendienstleister in den USA auszubauen. Stone war außerdem CEO von Renovate America und leitender Berater bei Bayview Asset Management. Seine Ernennung erfolgt zu einem entscheidenden Zeitpunkt für das Wachstum von LendingPoint, da das Unternehmen plant, seine Expertise zur Förderung des organisatorischen Erfolgs und zur Erzielung überlegener Ergebnisse zu nutzen.

Positive
  • Appointment of experienced financial services executive Shawn Stone as CEO
  • Stone's 25+ years of experience in loan origination, servicing, credit, and capital markets
  • Stone's track record of building Mr. Cooper into the largest home loan servicer in the U.S.
  • Potential for strategic growth opportunities under new leadership
Negative
  • None.

ATLANTA--(BUSINESS WIRE)-- LendingPoint, the award-winning online loan origination and servicing platform, announced the appointment of Shawn Stone, a longtime financial services executive, as the Company’s new Chief Executive Officer and member of the Board.

LendingPoint is a financial technology platform that provides financing solutions to a wide range of customers, including lending institutions and consumers. The company's proprietary fraud prevention, risk, and asset management algorithms are used to create financing opportunities across the credit spectrum.

Mr. Stone is a senior financial services executive with more than 25 years of experience in online loan origination, loan servicing operations, credit and capital markets. He spent more than 20 years at Mr. Cooper (NASDAQ: COOP), where he helped build Mr. Cooper into the country’s largest home loan servicer. He held numerous executive leadership positions across the entire platform, including Chief Revenue and Production Officer as well as Executive Founder and President of Xome, a technology-enabled real estate and mortgage services subsidiary of Mr. Cooper. Prior to joining LendingPoint, Mr. Stone was a senior advisor for Bayview Asset Management and served as the Chief Executive Officer and a member of the Board of Directors for Renovate America, a nationwide POS and ESG and home improvement fintech lender.

"I am honored to join LendingPoint and to work alongside such a dedicated and talented team at a pivotal time in our growth. I previously had the opportunity to work with LendingPoint as a lending partner and was impressed with their fintech lending platform, customer-centric culture and operational excellence,” said Shawn Stone. “I also want to thank Mark for his leadership and significant contributions to LendingPoint in various roles over the past seven years and look forward to working closely with the team on this next phase.”

“It’s been a privilege to serve LendingPoint as interim CEO. I believe that Shawn is a great fit and will continue the company’s mission to provide innovative financing solutions for customers, while identifying new strategic growth opportunities,” Mark Lorimer, Chief Business Affairs and Legal Officer. "Throughout his career, Shawn has been recognized for his ability to drive organizational success, foster a culture of excellence, and deliver superior results. His strategic vision, operational expertise, and championship of customer experience make Shawn the ideal leader to guide LendingPoint in its next chapter."

About LendingPoint

LendingPoint is an award-winning online loan origination and servicing platform that provides financing solutions for consumers and lending institutions. The company’s fraud prevention, risk, and asset management algorithms are used to create financial opportunity across the credit spectrum. In 2023, LendingPoint was recognized as the Best Consumer Lending platform by Finovate and was named to the Inc. 5000 list of fastest-growing private companies for four consecutive years. LendingPoint has been honored on Deloitte’s Technology Fast 500 annual list for five consecutive years and recognized as one of the top 40 fastest-growing companies in Atlanta by the ACG. LendingPoint has also been named one of the Best Places to Work by the Atlanta Business Chronicle. LendingPoint is a privately held company headquartered in metro Atlanta with an office in Dallas. LendingPoint, LLC owns and operates the LendingPoint platform. www.lendingpoint.com

Amanda Flashner

media@lendingpoint.com

Source: LendingPoint

FAQ

Who is the new CEO of LendingPoint?

Shawn Stone has been appointed as the new Chief Executive Officer of LendingPoint.

What is Shawn Stone's background in the financial industry?

Shawn Stone has over 25 years of experience in financial services, including executive roles at Mr. Cooper (NASDAQ: COOP), where he helped build it into the largest home loan servicer in the U.S.

How might Shawn Stone's appointment impact LendingPoint's future?

Stone's appointment is expected to drive LendingPoint's growth, leveraging his strategic vision, operational expertise, and focus on customer experience to guide the company in its next phase of development.

What is LendingPoint's main business focus?

LendingPoint is an online loan origination and servicing platform that provides financing solutions to a wide range of customers, including lending institutions and consumers.

Mr. Cooper Group Inc.

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