Security One Lending has hired industry executive JoAnna Bignell as the company’s national recruiting director. Bignell brings more than 20 years of recruiting and management experience and most recently worked in a sales recruiting role for MetLife. At Security One, she will be responsible for identifying and securing reverse and forward loan originators. “Attracting, developing [...]

Genworth Financial Home Equity Access today announced it has hired six new retail sales managers in an effort to drive growth of its retail reverse mortgage channel. “Our Sales Managers will play a critical role in driving the successful growth of our retail channel. These individuals bring extensive HECM product experience and outstanding leadership skills [...]

One Reverse Mortgage has launched a new mortgage services division to assist customers of Quicken Loans Mortgage Services, a “forward” wholesale and correspondent channel, with reverse mortgages. The division launched as One Reverse Mortgage Services (ORMS) with the goal of allowing loan officers to spend more time working with clients and less time worrying about [...]

Genworth Financial Home Equity Access plans to roll out a three-phase financial assessment implementation by the end of the quarter, the company confirmed Friday. The phased approach is one that has not been fully tested by other lenders. MetLife, the first company to implement new underwriting guidelines following industry guidance from the Department of Housing [...]

The reverse mortgage borrower of today is getting younger, and the age may be declining even further as a result of the financial stresses of the past four years, according to a study released this week by MetLife’s Mature Market Institute. This new group of borrowers is also using the reverse mortgage in a new [...]

One Reverse Mortgage, the reverse mortgage arm of Quicken Loans, announced today the opening of its new San Diego office headquarters in order to accommodate growth. The reverse mortgage retailer has relocated within the San Diego area and unveiled the new offices today to house a growing team of loan originators. The company says it [...]