The Money Store is boosting its reverse mortgage sales force through two new hires, the company announced Friday. The additions of Terrie Horton and Kevin Parsells, two former reverse industry veterans, will help drive the company’s strategic growth initiative including the business development of a national retail sales segment and national branch footprint nationwide, the company said.
In their new roles, Horton and Parsells will oversee the company’s reverse mortgage specialists and will work to grown the company’s new and existing branch partnerships.
“Our national campaign incorporates forward and reverse mortgage lending capabilities combined with professional marketing assistance for mortgage professionals ” said Kenny Peskin, CEO of The Money Store’s Reverse Division. “Terrie will work hand in hand with Reverse mortgage professionals and Reverse Branch Partners to help them effectively increase production of the lending opportunities and market their communities.”
Horton brings more than 10 years of experience in reverse mortgages, having worked previously for MetLife, Wells Fargo and Financial Freedom, while Parsells brings 16 years of financial banking experience and will work both for reverse and forward branch expansion.
“Our priorities are to strategically add talented individuals and Branch partners to our organization,” Peskin said. “Kevin and Terrie are an integral part of our market growth and strategy.”
Written by Elizabeth Ecker