DS News

56 Industry Updates From mergers and acquisitions to cutting-edge tech tools and solutions, here's the company news the industry is talking about this month. LOANDEPOT DONATES 665K TO BOYS & GIRLS CLUBS OF AMERICA By the time the final pitch was thrown ending Major League Baseball's 2021 League Championship Series, loanDepot, the nation's second largest nonbank retail lender, racked up more than $665,000 for Boys & Girls Clubs of America through its "Home Means Everything" RBI campaign, which unfolded across the regular season and post-season. "Together with MLB in our first year of partnership, we have made a meaningful difference in the lives of millions of young people," loanDepot Founder and CEO Anthony Hsieh said. "Taking care of the communities in which we live and work is part of our DNA, and everyone on Team loanDepot is proud of our contributions to Boys & Girls Clubs." As the Official Mortgage Provider of MLB, loanDepot donated $25 for every RBI during the regular season, which reached 20,993, totaling more than $550,000. Taking its commitment deep into the playoffs, the company, which is also Presenting Sponsor of the American League Championship Series (ALCS) and National League Championship Series (NLCS), committed $1,000 per RBI during the two series. With each of the dramatic, high-scoring pennant battles reaching six games—the four teams tallied 115 RBI, raising an additional $115,000 for Boys & Girls Clubs of America. e cumulative $665,000 donation will fund life-changing support for Boys & Girls Clubs of America, serving more than 4 million youth across the nation. e organization and its local clubs empower youth to realize their full potential and achieve great futures through the promotion of academic success, good character and leadership, and healthy lifestyles. "As we celebrate the 25th year of Boys & Girls Clubs of America's partnership with Major League Baseball, loanDepot's 'Home Means Everything' campaign exemplified the shared values each organization has for helping young people," Boys & Girls Clubs of America National VP, Business & Community Affairs Frank Sanchez said. "e impact of this donation to local Clubs and the National organization will support programs including workforce development, baseball and softball, technology resources and more. Boys & Girls Clubs of America appreciates loanDepot and MLB's commitment to youth and the communities we serve." Half of the total donation will be allocated to the Atlanta-based Boys & Girls Clubs of America national headquarters, while the other half will support local clubs in areas where many members of Team loanDepot live and work, including Boston, Chicago, Dallas, Detroit, Orange County, California, Nashville, Phoenix, and Miami, home of loanDepot Park. e campaign garnered support from past and present MLB stars including three-time World Series champion David Ortiz, who ranks third all-time in League Championship Series RBI. roughout the ALCS and NLCS, loanDepot also provided Boys & Girls Clubs of America's regional "Youth of the Year" (YOY ) recipients with one-of-a-kind MLB post-season experiences in Boston, Houston, Los Angeles, and Atlanta. e celebrated teens were invited to step onto the field to watch their favorite teams take batting practice and meet some of their favorite players before watching the playoff action. e highlight of this effort unfolded at Game ree of the NLCS when Hsieh invited 20-year-old Nicolas Sanchez, the Boys & Girls Clubs of America, Central Orange Coast's 2020 Youth of the Year, onto the mound to join him in throwing the ceremonial first pitch at the Dodgers vs. Braves matchup in LA. "Stepping onto the mound at Dodger Stadium to throw the first pitch with Nicolas was truly a special moment," Hsieh said. "I was so happy to celebrate the power of Boys & Girls Clubs, and their impact on the communities we serve, while standing beside him—and I'm proud to partner with an organization that provides such critical support to help children and families reach

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