Peter Macdonald serves as general counsel, executive vice president for loanDepot. Macdonald is well versed in legal, compliance and regulatory standards and has advised financial services clients for more than 15 years. He currently oversees all aspects of the Legal Department including the Legal & Compliance Team and Consumer Finance Protection Bureau Readiness.
He also has oversight of all litigation, regulatory compliance, licensing, regulatory exams, quality assurance, customer service, audits, and employment-related legal matters. Macdonald is responsible for managing outside counsel in all 50 states. He and his team are also responsible for communications with borrowers, regulators, state attorneys general, potential and current investors.
During his professional career, Macdonald has participated in the execution of acquisitions, organizational restructuring and the success of fast-growth companies. Prior to joining loanDepot, Macdonald served as General Counsel, VP, and secretary for Home Loan Center and LendingTree Loans from September 2003 through November 2006. His experience prior to joining the mortgage industry includes counsel to various established and start-up companies, as well as a prosecutor in his role as deputy city attorney for the City of Anaheim.
Macdonald holds a bachelor’s degree in Psychology from Carleton University in Ottawa and a Juris Doctor from Western State University.