Liberty Adds to Retail Reverse Mortgage Division With New Hire, Promotion

Top-10 reverse mortgage lender Liberty Home Equity Solutions, Inc., recently announced a promotion and new hire to its retail sales division.

The company last week promoted Tom Werder to the role of Vice President of Retail Sales, along with the addition of Paul Scheper to its leadership team in the role of Retail Field Sales Leader.

“During this exciting time of change and opportunity for the reverse mortgage industry, I am so very pleased to have industry veterans like Tom Werder and Paul Scheper on our team,” said Liberty President Mike Kent in a written statement. “Their industry commitment and proven leadership will help accelerate growth in our retail channel moving forward.”

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Werder, who has been with Liberty since 2005, brings over 25 years of mortgage industry experience to his new role. Having held leadership positions in Operations, Business Development, Marketing and Secondary Markets, Werder was instrumental in growing Liberty from a local broker in California to a leading reverse mortgage lender, Liberty stated in a release. 

Before joining Liberty, Werder managed sales and operations functions at CalPERS Member Home Loan Program that originated more than $2 billion annually. As Vice President of Retail Sales, Liberty says Werder will help accelerate the company’s growth and drive process excellence for its retail channel.

Paul Scheper joins Liberty with over a decade of reverse mortgage experience. In the past, Scheper has held leadership positions with Loan Link, Sun West Mortgage and Greenlight loans, where he founded and managed their reverse mortgage division.

A Certified Senior Advisor and author, Scheper also hold a BA from Harvard University and an MBA from the University of Southern California. 

In his role as Retail Field Sales Leader, Scheper will be responsible for Liberty’s field sales channel including managing, coaching, lending and recruiting loan officers across the U.S.

A top-10 reverse lender, Liberty’s 12-month trailing Home Equity Conversion Mortgage endorsements through August was 4,184 loans, according to the most recent industry data tracked by Reverse Market Insight. 

Written by Jason Oliva

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