Chad Smith Appointed EVP Of Production, Direct Lending, For loanDepot

Posted by Patrick Barnard on January 14, 2015 No Comments
Categories : Residential Mortgage

Chad Smith has been named executive vice president of production, direct lending, for loanDepot LLC, the nation's second-largest non-bank consumer lender.

Under the brand, Smith will be responsible for leading a sales production team of more than 600 licensed loan officers from four national Web business centers in Arizona, California, Texas and Tennessee.

Smith is experienced with building production teams and driving revenue growth for national, publicly traded consumer-direct lending companies.

Most recently, he served as senior vice president (SVP) of production at Discover Home Loans, a division of Discover Financial Services. In this role, Smith oversaw all mortgage production and grew the company's mortgage business through both organic as well as mergers and acquisitions transactions, while building two personal lending sale production teams.

Prior to that, Smith was the SVP of production at LendingTree Loans, where he led sales and processing teams across six states, generating more than $4 billion in annual funding.

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