Builds on long-standing loanDepot commitment to veterans and history of serving its communities

IRVINE, Calif.--(BUSINESS WIRE)--Oct. 16, 2024-- In a continuation of loanDepot’s long history of supporting veterans and serving the communities in which its team works and lives, loanDepot President and CEO Frank Martell and his wife Donna were honored this weekend with the Marine Corps Scholarship Foundation’s prestigious Globe and Anchor Award for their dedication to educating the children of Marines and Navy Corpsmen. The couple was presented with the award during the organization’s annual West Coast Campaign Celebratory Dinner in Newport Beach.

The Eagle, Globe, and Anchor—the official emblem of the United States Marine Corps uniform since 1868—symbolizes our proud nation, worldwide presence, and maritime tradition. Recipients of the Foundation’s Globe and Anchor Award have built a foundation of service that has had an impact around the globe.

“Frank and Donna have been incredibly generous in their support of the Marine Corps Scholarship Foundation, serving those who have sacrificed so much for our country,” said Foundation President and CEO Ted Probert. “Their dedication has truly changed the lives of so many military families and has helped create a future generation of leaders who will serve our nation well.”

The Martells, who have a son serving as an active-duty U.S. Army Ranger, have been passionate supporters of the Foundation for more than a decade, building partnerships, broadening awareness, and raising funds that have strengthened the organization. Frank has also served for over six years on the Foundation’s board of directors, where he now leads the governance committee. loanDepot is also a proud supporter of the Foundation.

In his remarks that night, Frank said, “The Marine Corps Scholarship Foundation’s mission is one of unique and important value to this country, which is to honor our Marines by educating their children. I can’t think of anything more powerful than that. My dad always told me, ‘If you can get one kid educated, you can change a life. And maybe if you’re lucky, that life will change the world.’ I believe that, and it inspires us to be part of this great organization.”

After receiving the award, the Martells announced an endowed scholarship in honor of their late parents Frank and Betty Kaszuba and Frank and Pat Martell, who Frank said “set the tone” for their lives. Donna’s father Frank, who served in World War II as part of the D-Day landing in Normandy and the Battle of the Bulge before being taken prisoner of war, passed away recently at 102. Quipped Frank about his remarkable father-in-law, “He spent his last Friday on earth dancing at the American Legion!”

Added Donna, “We love our country, and we know that a great deal of its strength comes from the people who decide to make the sacrifice and commitment to join the military, whatever branch it might be, and the families who support them. We also believe in America’s future, and these students are a wonderful investment in that future. Not only do their graduation rates and GPAs far exceed the national average, they’ve also been instilled with the virtues and values that we consider to be the foundation of our country. We are very proud to support them.”

About The Marine Corps Scholarship Foundation:

Established in 1962, the Marine Corps Scholarship Foundation is the Nation’s oldest and largest provider of need-based scholarships for military children. Since its inception, the Scholarship Foundation has provided approximately 60,000 renewable scholarships valued at over $200 million to the children of Marines and Navy Corpsmen. For more information on the Marine Corps Scholarship Foundation, please visit www.mcsf.org.

About loanDepot

At loanDepot (NYSE: LDI), we know home means everything. That’s why we are on a mission to support homeowners with a suite of products and services that fuel the American Dream. Our portfolio of digital-first home purchase, home refinance and home equity lending products make homeownership more accessible, achievable, and rewarding, especially for the increasingly diverse communities of first-time homebuyers we serve. Headquartered in Southern California with local market offices nationwide, loanDepot and its sister real estate and home services company, mellohome, are dedicated to helping customers put down roots and bring dreams to life – all while building stronger communities and a better tomorrow.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241016856079/en/

MEDIA CONTACTS:
Jonathan Fine, loanDepot, VP of Public Relations, (781) 248 3963, jfine@loandepot.com
Dana Mills, MCSF, Director of Communications, (571) 384-2821, Dana.Mills@mcsf.org

Source: loanDepot, Inc.