FirstBank recently announced the hiring of several new reverse mortgage originations to join its Home Equity Conversion Mortgage (HECM) Division in Birmingham, Ala.
The newest additions include Patricia Whitlock (N.Y.), Sue Durdock (Pa.), Wayne Bodow Esq. (N.Y.), Al Jones (Texas) and Mike Ravotta (Pa.).
Pat Whitlock maintains a Certified Reverse Mortgage Professional (CRMP) designation from the National Reverse Mortgage Lenders Association; while Sue Durdock is approved in Pa. to issue Continuing Education credits to Realtors and Wayne Bodow is an attorney whose former area of concentration was bankruptcy law.
“All saw that the opportunity to join FirstBank was a perfect fit for them and have been welcomed to the FirstBank Mortgage Partners team,” the company stated in a release. “FirstBank HECM Division is extremely excited to continue to add qualified, experienced and enthusiastic loan originators to our growing team.”
FirstBank is a wholly owned subsidiary of First South Bancorp, Inc., the third largest Tenn.-based bank with 45 banking locations across Tenn. and Ala., along with mortgage locations across the Southeast.
A top-20 reverse mortgage lender, FirstBank reported a volume of 353 loans year-to-date through August, an increase of 33% year-over-year, according to industry data tracked by Reverse Market Insight.
Written by Jason Oliva