Ridgeland Mortgage, a recently formed joint venture between mortgage lender loanDepot Inc. (NYSE: LDI) and home builder Smith Douglas Homes (NYSE: SDHC), has appointed Teresa Carlile as president.
In her new role, Carlile will lead the business’ growth and daily operations. Carlile was previously operations manager for business insurance at Travelers, and earlier in her career she was sales and operation manager at Bank of England Mortgage.
“Teresa is a trusted leader in the mortgage industry, and as our first key hire, she’s an exceptional addition to the Ridgeland Mortgage team,” said Dan Peña, executive vice president of national joint ventures for loanDepot. “With experience across all areas of the business, she brings a wealth of knowledge about mortgage products, complex guidelines, and operations, positioning her as the ideal leader to guide our team in delivering a best-in-class customer experience.”
“As we navigate the early growth stages of Ridgeland Mortgage, we are confident that Teresa’s ability to tackle complex challenges, connect with and inspire others, and foster collaboration will be instrumental to the success of the business,” added Greg Bennett, CEO of Smith Douglas Homes. “She is dedicated to building a strong, cohesive team culture, and we’re excited to see her bring that commitment to life with our team.”
