Generation Mortgage announced today the addition of former Financial Freedom manager Steve Resch to its wholesale reverse mortgage team. Resch will support Generation’s wholesale arm as an account executive.
Resch brings 30 years of experience including 10 years in the reverse mortgage industry, Wall Street banking analysis and work in other financial services capacities. In the reverse mortgage space, he most recently worked for Financial Freedom Senior Funding as a relationship manager, developing correspondent and broker partnerships in the New England/New York area.
“We’re pleased that Steve Resch will be joining our wholesale team,” said Kimberly Kerrigan Smith, executive vice president, sales. “He brings to Generation Mortgage more than three decades of financial services and planning expertise and nearly ten years of experience in the reverse mortgage industry. Steve’s record of success and professionalism will be an asset to our ever-expanding wholesale division.”
The company is ranked No. 3 for industry wholesale volume according to the most recent data from Reverse Market Insight, closing 4,767 wholesale loans over the past 12 months. On the retail side, Generation was ranked seventh, with 1,484 loans over the same time period.
Written by Elizabeth Ecker