Read about the latest happenings in companies across the reverse space. Have exciting news to share? Email us to see it in print!
Bayshore Mortgage Funding Launches Reverse Mortgage Division Bayshore Mortgage Funding has launched a reverse division with Andrew Parker, Steven Sless and Ian Sandler. Together, the team brings more than 30 years of combined experience in the reverse industry working for Maverick Funding, DBA Reverse Mortgage Network and Great Oak Lending Partners. Through innovative live seminars and a direct-to-consumer platform, the group focuses on the importance of educating the consumer about reverse mortgages. Bayshore reverse mortgage is currently looking for top-producing reverse mortgage loan originators and loan processors to help grow their division.
One Reverse Mortgage Hires Derek Marks as Director of Capital Markets Derek Marks will lead One Reverse Mortgage’s capital markets division. Marks is a 22-year veteran in the mortgage industry with 14 years of experience in capital markets. In his new role, he will lead product development, risk management, heading and trading. Marks previously worked as vice president of trading and securitizations at RMS/S1L, vice president of capital markets at MetLife Home Loans, and senior vice president and pricing executive and Bank of America.
ReverseVision Hires Wendy Peel as VP of Sales and Marketing Reverse mortgage software and technology provider ReverseVision has hired Wendy Peel as vice president of sales and marketing. In this position, Peel will be responsible for managing the ReverseVision brand, working with product development on system enhancements, and broadening ReverseVision brand awareness among forward lenders and financial planners. Previously, Peel served as vice president of sales and marketing for cloud-based SaaS applications provider CommercePromote, where she was responsible for rebranding the company from a website design firm to a provider of marketing/operations enterprise solutions.
United Northern Mortgage Bankers Hires Carol Dujanovich United Northern Mortgage Bankers has hired Carol Dujanovich as director of reverse mortgage operations to further develop the bank’s growing reverse division, Senior Security Advisors, which was recently ranked eighth in the country. Dujanovich previously worked as director of underwriting at Proficio Mortgage Ventures and as director of wholesale at Urban Financial of America. “I’m excited to be joining Senior Security Advisors because of its well-established name and history of treating their customers in a compassionate and ethical manner,” Dujanovich says.