Taylor Retires, Wells Fargo Names New Head of Reverse Mortgage Business

September 3rd, 2009 | by John Yedinak Published in News, Reverse Mortgage, Wells Fargo | 18 Comments

Jeff Taylor, a nearly 40-year veteran of the mortgage industry, has announced his retirement from Wells Fargo Home Mortgage. Based in Greensboro, N.C., Taylor served as vice president and national program manager for Wells Fargo’s Senior Products Group and helped lead the company to become the nation’s leading retail originator of reverse mortgages.

“During his years with Wells Fargo, Jeff uniquely positioned us to serve the needs of senior Americans. He has a great understanding of the reverse mortgage product and he clearly understands the financial needs of mature homeowners,” said Greg Gwizdz, national retail sales manager, Wells Fargo Home Mortgage. His work will leave a lasting legacy at Wells Fargo. He built what has become the nation’s leading reverse mortgage team, and his leadership was outstanding. We will miss him.”

Tim McDonald, a 24-year mortgage-industry veteran, was named the new national program manager for Wells Fargo’s Senior Products Group. Based in Golden, CO, he is taking the reins of the reverse mortgage business line.

“Wells Fargo is among only a handful of lenders that offer a network of reverse mortgage specialists across the country,” said Gwizdz. “I am looking forward to working with Tim as the new program lead. He is a longtime respected leader in our company and is known for doing what’s best for customers. He will have a great impact on Wells Fargo’s Senior Products Group.”

While Taylor is retiring from Wells Fargo, he isn’t leaving the reverse mortgage business. In an email to RMD, Taylor said that he formed Wendover Consulting, Inc. and plans to spend significant time focusing on reverse mortgage product enhancement issues and the many challenges companies face in the industry today.

Technorati Tags: Reverse Mortgage,News,HECM,FHA,HUD,Wells Fargo

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Anonymous

Thanks Jeff for helping me get my start, like you did for so many. Your articles in National Mortgage News about 15 years ago are what intitiated my interest. You’ve had a big impact on the industry.
Anonymous

Jeff,rnrnYou made a “guest appearance” at my STORM Training six years ago. You’re enthusiasiam was an inspiration to me. Thanks for all you did, and continue the good work. Best of luck to you.
Anonymous

Congratulations on a fantastic career thus far, Jeff, and best of luck with your ventures.rnrnThis industry will forever be grateful to you for your leadership in getting this program up and running – as well as your tireless efforts to continually work to improve the product for the future.
Anonymous

Jeff Taylor is one of the finest people I have met since coming into this industry in 2004, and I believe we are all a little better off today for having him as a Board Member and Past President of NRMLA.rnrnGood luck Jeff!
Anonymous

Thanks Jeff for helping me get my start, like you did for so many. Your articles in National Mortgage News about 15 years ago are what intitiated my interest. You’ve had a big impact on the industry.
Anonymous

Jeff,rnrnYou made a “guest appearance” at my STORM Training six years ago. You’re enthusiasiam was an inspiration to me. Thanks for all you did, and continue the good work. Best of luck to you.
Anonymous

Congratulations on a fantastic career thus far, Jeff, and best of luck with your ventures.rnrnThis industry will forever be grateful to you for your leadership in getting this program up and running – as well as your tireless efforts to continually work to improve the product for the future.
Anonymous

Jeff Taylor is one of the finest people I have met since coming into this industry in 2004, and I believe we are all a little better off today for having him as a Board Member and Past President of NRMLA.rnrnGood luck Jeff!
Anonymous

Thanks Jeff for helping me get my start, like you did for so many. Your articles in National Mortgage News about 15 years ago are what intitiated my interest. You’ve had a big impact on the industry.
Anonymous

Jeff,rnrnYou made a “guest appearance” at my STORM Training six years ago. You’re enthusiasiam was an inspiration to me. Thanks for all you did, and continue the good work. Best of luck to you.
Anonymous

Congratulations on a fantastic career thus far, Jeff, and best of luck with your ventures.rnrnThis industry will forever be grateful to you for your leadership in getting this program up and running – as well as your tireless efforts to continually work to improve the product for the future.
Anonymous

Jeff Taylor is one of the finest people I have met since coming into this industry in 2004, and I believe we are all a little better off today for having him as a Board Member and Past President of NRMLA.rnrnGood luck Jeff!
http://www.celink.com/ John_LaRose

Jeff Taylor is one of the finest people I have met since coming into this industry in 2004, and I believe we are all a little better off today for having him as a Board Member and Past President of NRMLA.

Good luck Jeff!
ReverseGuy

Congratulations on a fantastic career thus far, Jeff, and best of luck with your ventures.

This industry will forever be grateful to you for your leadership in getting this program up and running – as well as your tireless efforts to continually work to improve the product for the future.
georgeneriverswfhm

Jeff,

You made a “guest appearance” at my STORM Training six years ago. You're enthusiasiam was an inspiration to me. Thanks for all you did, and continue the good work. Best of luck to you.
Anonymous

Jeff,rnrnYou made a “guest appearance” at my STORM Training six years ago. You’re enthusiasiam was an inspiration to me. Thanks for all you did, and continue the good work. Best of luck to you.
lancejackson

Thanks Jeff for helping me get my start, like you did for so many. Your articles in National Mortgage News about 15 years ago are what intitiated my interest. You've had a big impact on the industry.
Anonymous

Thanks Jeff for helping me get my start, like you did for so many. Your articles in National Mortgage News about 15 years ago are what intitiated my interest. You’ve had a big impact on the industry.

Taylor Retires, Wells Fargo Names New Head of Reverse Mortgage Business

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