Kathy Herig

About Kathy Herig

As the SVP of Enterprise Credit Policy at loanDepot, I lead a team of credit experts to navigate credit risk for the organization. With over 30 years of experience in the financial industry, I have a proven track record of implementing strategies to mitigate credit risk and ensure compliance with industry regulations. I have also served as the Chief Credit Officer at Homepoint, where I led key risk areas including credit, quality control, fraud, counterparty risk management, and repurchase for retail, broker, and correspondent channels. During my tenure, Homepoint grew from a start-up to the third largest wholesale lender in the country and went public in 2021. I am passionate about delivering high-quality service and solutions to our clients and stakeholders, while maintaining the highest standards of integrity and ethics.

Experience

1. SVP Enterprise Credit Policy

   loanDepot

   Dec 2024 — Present

   Oversee credit policy and credit risk management functions at loanDepot.• Lead a team of credit experts to navigate credit risk for the organization.• Implement strategies to mitigate credit risk and ensure compliance with industry regulations.

Education

• Michigan State University

  BA

  1987 — 1991

Skills

• Business Planning
• Operations Management
• Crm
• Selling
• Start-Ups
• Loans
• Sdlc
• Finance
• Process Improvement
• Loan Origination
• Sales
• Banking
• Risk Management
• Leadership
• Customer Service
• Strategic Planning
• Management
• Process Engineering
• Change Management
• Underwriting
• Six Sigma
• Strategy
• Mortgage Banking
• Training