Remembering Jeff Taylor, Industry Leader and Wells Fargo Veteran

Jeffrey Taylor, longtime reverse mortgage figurehead and a 35-year veteran of the financial services industry, passed away Tuesday in his home in Greensboro, N.C., RMD has learned.

During his reverse mortgage career, Taylor led Wells Fargo’s senior products group, which became the leading retail originator of reverse mortgages. He has served as a guide, mentor, and thought leader to many in the industry over the years. 

“He had a passion for what we do,” said John Button, CEO of ReverseVision, during opening remarks for the company’s annual UserCon conference in San Diego Wednesday morning. “He was an infectiously positive person and a great guy to be around.”

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Attendees of the conference observed a moment of silence in Taylor’s honor.

Taylor retired from his role with Wells Fargo in 2009 and has since led Wendover Consulting, a company he founded during the 1980s.

He was a Certified Mortgage Banker through the Mortgage Bankers Association, and was the founding chair for the National Reverse Mortgage Lenders Association.

“I think it is accurate to state that if not for Jeff Taylor, there would not be the reverse mortgage industry as we know it today,” NRMLA president and CEO Peter Bell said in a statement honoring Taylor. “There would not be a NRMLA. Many of us in the reverse mortgage business would not have enjoyed the interesting career opportunities we’ve had if not for the trail blazed by Jeff.”

He served as a chair for the MBA’s School of Mortgage Banking and was a vice chair and advisory board member for the Bryan School of Business and Economics at the University of North Carolina at Greensboro. 

Written by Elizabeth Ecker

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  • Jeff´s reverse mortgage career began long before his stint at Wells Fargo. He founded Wendover Funding in Greensboro NC back in 1989 and was really “the only game in town” for correspondent lenders back then and we worked together in that capacity through about 1995 when he sold his company and fell in with Wells. He was definitely an
    industry Father and it was an honor and a pleasure to work with him during the formative years of the program when we considered ourselves pioneers.

  • We will remember Jeff as the person who helped people, not only homeowners but thousands of us in the industry. He had a gentle way of exerting influence, always for the greater good. He was the true statesman of reverse mortgage lending. We would do well to remember his legacy in the future by emulating his commitment to doing what is right.

  • I can only say, Jeff, may you rest in peace, I know you will be helping many seniors where you are now, just as you did here on earth.

    You are in a better place now but you left your mark here on earth and with all of us. Jeff, you will surly be missed and remembered as well!

    John A. Smaldone
    http://www.hanover-financial.com

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