Estimated reading time: 0 minutes, 57 seconds

Open Mortgage Hires Live Well Financial Executives and Their Core Team

Open Mortgage, a multi-channel mortgage lender dedicated to empowering the dream of home ownership, has hired Live Well Financial's core team of mortgage lending executives: Bruce BarnesJim Cory and Joshua Moran, formerly Executive Vice President, Senior Vice President of Operations and Senior Vice President of Wholesale & Correspondent Lending, respectively.

Additionally, approximately 50 sales and operations employees are joining Open Mortgage to expand the company's retail, wholesale, principal agent and closed loan seller mortgage channels.

"As a top reverse mortgage lender, Live Well Financial's team has unparalleled industry expertise in all phases of reverse mortgages and a love of technology, just like us," said Scott Gordon, Founder and CEO of Open Mortgage. "We are expanding the Open Mortgage family and gaining some of the brightest folks in our industry."

In early May, Live Well Financial ceased operations.

"We are looking forward to further advancing Open Mortgage as a leading retail, wholesale, principal agent and close loan buyer of reverse mortgages," said Barnes. "Since joining Live Well in 2014, we built an industry leading reverse mortgage platform funding over $5 billion in reverse loan volume. Our plan is to do this again only bigger and better."

Read 1262 times
Rate this item
(0 votes)

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.