Patrick Halonen has joined Longbridge Financial as part of an effort to strengthen their credit, underwriting, and quality control processes. With extensive experience from TD Bank, Citi, US Bank, and Wells Fargo, Halonen aims to leverage his background to help Longbridge reach its business objectives and maintain high industry standards. The company, part of Ellington Financial, has reported strong performance from its reverse mortgage segment and is looking to expand its product offerings to better serve older Americans.
We are happy to have Patrick join the Longbridge Financial team in this newly formed role, chief operating officer Bill Packer said in a statement.
As I step into my new role at Longbridge Financial, I'm deeply committed to help set a benchmark in industry standards through use of innovative credit, underwriting, and quality control systems.
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