Jesse Allen discussed the challenge of integrating a reverse mortgage division within a traditional mortgage lender, emphasizing the importance of communication and alignment in the sector.
Allen believes that having served in various roles within the mortgage industry equips him with a unique perspective to enhance Rate’s offerings for older clients.
The planned release of uniform technology standards by MISMO in 2025 aims to foster collaboration within the reverse mortgage industry, which Allen believes will be beneficial.
As Rate’s new reverse lending president, Allen is committed to helping employees understand the potential of reverse products and how they fit within the company's broader suite.
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