Better exec tapped to lead PLACE, Envoy Mortgage operations

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BREAKING — National Mortgage News reports that an executive from Better has been appointed to lead operations at PLACE and Envoy Mortgage, while Chad Smith is departing the lender following a period of significant expansion. During his tenure, Smith contributed to Better achieving two and a half times growth in total revenue and funded loan volume since 2024. The move signals a broader transition phase for the company as it restructures its leadership across affiliated organizations.

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