RMF Names Reverse Mortgage Veteran as National Sales Leader

A reverse mortgage veteran and former United States Marine is climbing the ranks at Reverse Mortgage Funding LLC (RMF). Mark S. O’Neil has recently been appointed as the national sales leader for the wholesale and correspondent division.

O’Neil first joined RMF in 2013, serving as regional account manager. In his new role as national sales leader, he will be responsible for the company’s third-party originations (TPO) sales channels and will report to RMF President David Peskin.

“We are delighted that Mark will be leading our TPO sales channel,” Peskin said in a statement released Tuesday. “His breadth of experience, commitment to our customers, and in-depth knowledge of our business make him well-suited for this role. Mark is well-known in our industry for his strategic thinking and his contributions to building out our TPO channel have been instrumental to RMF’s success.”

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O’Neil also will be responsible for helping RMF scale its TPO channel, fine-tune its process and develop additional value-added programs. In addition, he will focus on recruiting additional account executives in order to support RMF’s growing TPO channel.

“In my career, I have worked in numerous roles within the reverse mortgage field,” O’Neil said. “I am looking forward to being able to leverage what I have learned from those experiences to strengthen RMF’s third-party relationships and to add value for our existing and new partners.”

Prior to joining RMF, O’Neil was an independent consultant and a reverse mortgage account executive at Security 1 Lending, where he covered the Southeast region.

Prior to his time at Security 1 Lending, he was a reverse mortgage account executive at MetLife Bank, where he was a three-time President’s Club Award-winner and the first MetLife account executive certified to deliver Home Equity Conversion Mortgage (HECM) courses to financial planners.

He also has held positions at Countrywide and Everbank Reverse Mortgage, where he was a reverse mortgage loan originator.

Written by Cassandra Dowell

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  • Is listing Countrywide now back in vogue? Its reputation is a still a disgrace to the entire mortgage industry. It also took down B of A.

    Here is a former (but major) lender whose only theme was making profit. Its owner was far worse than even Madoff and showed just how corrupt the whole mortgage industry can be. Corruption does not start at the leaves and goes down to the roots; corruption spreads from the roots through the trunk to the limbs and keeps moving until the leaves drip with it. How far did it get at Countrywide? No one really knows how far the corruption spread but nothing internally at Countrwide seemed to resist it. Even its sister company, Indybank also founded by Angelo, could not survive.

    When I read the name Countrywide I picture the moving lips of Angelo Mozilo.

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