Top Lender Hires Ex-Proficio Chief to Lead Reverse Mortgage Wholesale Division

Irvine, Calif.-based reverse mortgage lender HighTechLending—doing business as AmericanSenior—Thursday announced the hiring of John Loveless as National Business Development Manager of Reverse Wholesale and Branching. Most recently, Loveless served as President of Las Vegas-based Proficio Mortgage Ventures, LLC. In his new role with HighTechLending, Loveless will be working closely with Joan Imelio, vice president of […]

Proficio Winding Down Reverse Mortgage Operations

Top-25 industry lender Proficio Mortgage Ventures has decided to “wind down” its reverse mortgage operations, RMD has learned. “As a business matter, Proficio has made the decision to wind down the reverse mortgage operations,” Proficio President and Chief Operating Officer Steve Chapton told RMD via email. Proficio Mortgage Ventures is a wholly-owned subsidiary of Proficio […]