Moneyhouse Hires Ralph Rosynek as SVP Wholesale, Correspondent Lending

Reverse mortgage lender Moneyhouse today announced the hire of reverse mortgage veteran Ralph Rosynek as senior vice president of the company’s wholesale and correspondent divisions. Rosynek brings more than three decades of mortgage industry experience, including reverse mortgage roles with first Reverse Financial Services, and most recently with Reverse Mortgage Solutions, where he served as senior […]

Moneyhouse Receives Ginnie Mae Approval, Plans to Issue HMBS

Joining the ranks of reverse mortgage securities issuers, Moneyhouse has received approval from Ginnie Mae to issue HECM-backed mortgage securities (HMBS). The San Juan, Puerto Rico-based lender will be allowed to pool and securitize reverse mortgages and retain the servicing of the loans under the new approval. It is approved until the Ginnie Mae I […]

Moneyhouse Hires Sandy Tennekoon to Run Wholesale, U.S. Expansion

Moneyhouse, one of the largest reverse mortgage lenders in Puerto Rico, announced Tuesday it has hired Sandy Tennekoon to lead the company’s expansion into wholesale and oversee its move into the States. Tennekoon will serve as Senior Vice President of Moneyhouse and is first tasked with building out the company’s wholesale channel in Puerto Rico, which […]