Genworth Financial Home Equity Access (GFHEA) announced the addition of Michael Suits as its new Regional Account Manager for the Southwest region.
“Michael brings a wealth of reverse mortgage knowledge and experience and we are excited to have him take over a key territory for us,” said Bob Marseilles, GFHEA National Wholesale Sales Leader. “We are thrilled to have him on board and know that our brokers in his area will benefit from the service and support he is able to provide.”
Suits will cover states such as Texas, New Mexico, and Louisiana said the company in a statement.
Prior to joining GFHEA, Suits served as a regional account executive for MeLife Bank’s reverse mortgage division. He brings nearly 10 years of mortgage industry experience with almost 5 of those years focused on reverse mortgages.
According to data from Reverse Market Insight, GHFEA is the third largest wholesale lender, with 85% of its business coming from the channel.