loanDepot announced the appointment of Nancy Smith as regional vice president in charge of Colorado and Wyoming branches, indicating a strategic move to grow sales in these developing markets.
Nancy Smith brings extensive experience in building productive teams, managing sales operations that have generated over $3 billion annually in various states, highlighting her capabilities in team leadership and market expansion.
John Bianchi praised Smith's ability to forge strong marketing partnerships and joint ventures, emphasizing her crucial role in loanDepot’s growth strategy in underserved markets.
This appointment follows a series of leadership expansions for loanDepot, aiming to improve sales amid a reported adjusted net loss of $16 million in Q2 2024.
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