"In the role, Noyes will focus on deepening customer relationships and supporting the growth of the company's third-party channel. Noyes spent 17 years at Liberty, where he became the longest-tenured account executive. In November, Onity Group the parent company of PHH Mortgage Corp. and its reverse mortgage arm, Liberty Reverse Mortgage announced a deal with Finance of America (FOA) to sell PHHs existing pipeline of reverse mortgages and transfer at least some of its U.S.-based reverse originations staff."
"PHH will cease originating reverse mortgages but will continue securitizing reverse mortgage buyout loans. Noyes entered the reverse mortgage business in 2007 at Financial Freedom Senior Funding Corp. before joining Liberty in 2009. Tommy is one of the most experienced account executives in our business, said Mark O'Neil, senior vice president of wholesale at Mutual of Omaha. Noyes added in a statement that the company has a great proprietary program, along with the HECM, and an all-around proactive, common-sense sales culture."
Tommy Noyes, a 17-year veteran of Liberty Reverse Mortgage, joined Mutual of Omaha Mortgage as national wholesale account executive for its reverse mortgage business. He will deepen customer relationships and support growth of the third-party channel. Noyes entered the reverse mortgage business in 2007 at Financial Freedom and joined Liberty in 2009, becoming its longest-tenured account executive. Onity Group, parent of PHH and Liberty Reverse Mortgage, sold PHH's existing reverse pipeline to Finance of America and arranged transfer of some U.S. reverse originations staff; PHH will stop originating reverse mortgages but will continue securitizing buyout loans. Mutual of Omaha led HECM originations in 2025 and launched SecureEquity.
Read at www.housingwire.com
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