SAN DIEGO, CA — Mutual of Omaha Mortgage Reverse Wholesale has announced the introduction of Broker ProtectSM, a new benefits program, to its network of reverse mortgage brokers and principal agents.

Under the new program, Mutual of Omaha Mortgage’s approved brokers and principal agents will have access to the follow industry-first package of protections:

• Mutual of Omaha Mortgage will not solicit borrowers established within the broker network
• Mutual of Omaha Mortgage will exclude borrowers within the broker network from all outbound marketing campaigns
• Mutual of Omaha Mortgage will alert brokers to refinance opportunities when identified
• Brokers will be alerted if a payoff is ordered on one of their loans within the broker network
• The broker’s name will be added to the borrower’s monthly servicing statement to encourage them to contact the broker for refinance opportunities

“We are excited about the new benefits our broker network is provided under Broker Protect,” said Alex Pistone, President of Mutual of Omaha Reverse Mortgage. “These protections are a first in our industry and demonstrate the commitment and respect we have for our network and their success.”

For more information about Broker Protect, visit https://mutualreverse.com/wholesale/.

About Mutual of Omaha Mortgage

A subsidiary of Mutual of Omaha, Mutual of Omaha Mortgage offers a variety of home financing and refinancing options as well as industry-leading reverse mortgage products to help its customers through life’s transitions. For more information about Mutual of Omaha Mortgage, visit www.mutualmortgage.com. 

About Mutual of Omaha

Founded in 1909, Mutual of Omaha is a highly rated, Fortune 500 organization offering a variety of insurance and financial products for individuals, businesses and groups throughout the United States. As a mutual company, Mutual of Omaha is owned by its policyholders and committed to providing outstanding service to its customers. For more information about Mutual of Omaha, visit www.mutualofomaha.com.

FSAN DIEGO, CA — Mutual of Omaha Mortgage announced the addition of three teams that will play a pivotal role in strategic growth initiatives across key market areas.

Mutual of Omaha Mortgage is adding the Dan Hrey Team from Arizona, the Ray Patterson Team from the Carolinas and the Paul Beatty Team from the Northeast. Together, these teams bring decades of mortgage expertise that will help fuel Mutual of Omaha Mortgage’s strategic growth in the forward – or traditional – mortgage business.

“Mutual of Omaha Mortgage has experienced tremendous growth, highlighted by an additional $300 million in annual production this summer,” said Jeff Gennarelli, president of the forward mortgage product line at Mutual of Omaha Mortgage. “By welcoming these powerhouse teams into our family, we know we won’t be slowing down any time soon. As we continue to grow, we are looking for even more passionate professionals to join us on this exciting journey.”

For more information about career opportunities at Mutual of Omaha Mortgage, visit www.mutualmortgage.com/lp/join-mutual-pr.

About Mutual of Omaha Mortgage

A subsidiary of Mutual of Omaha, Mutual of Omaha Mortgage offers a variety of home financing and refinancing options as well as industry-leading reverse mortgage products to help its customers through life’s transitions. For more information about Mutual of Omaha Mortgage, visit www.mutualmortgage.com. 

About Mutual of Omaha

Founded in 1909, Mutual of Omaha is a highly rated, Fortune 500 organization offering a variety of insurance and financial products for individuals, businesses and groups throughout the United States. As a mutual company, Mutual of Omaha is owned by its policyholders and committed to providing outstanding service to its customers. For more information about Mutual of Omaha, visit www.mutualofomaha.com.

FOR IMMEDIATE RELEASE: March 26, 2024

Contact:

Gerald C. Wagner

Ibis Software Corporation

Phone: (510) 217-8775

Email: RevMort@gmail.com

 

Industry Veteran Robert Sivori Joins Ibis Software Board of Directors

Alameda, California: Ibis Software Corporation proudly announces the appointment of Robert Sivori as a Director, effective March 1, 2024.

Bringing a wealth of experience from the reverse mortgage industry, Sivori joins Ibis Software as a Director, poised to contribute significantly to the company’s strategic growth initiatives.

 

Sivori’s extensive background includes serving as an executive of respected organizations such as Celink, Reverse Mortgage Investment Trust, MetLife Bank, EverBank Reverse Mortgage, and BNY Mortgage Company. He also brings a longstanding directorship with the National Reverse Mortgage Lenders’ Association (NRMLA), further enhancing his expertise in the field. A bio accompanies this release. 

 

“Joining Ibis Software represents an exciting opportunity to leverage my industry insights and contribute to the company’s ongoing success,” said Robert Sivori, newly appointed Director.

 

Jerry Wagner, President of Ibis Software, along with the entire team, extends a warm welcome to Bob and expresses eagerness to collaborate closely with him, leveraging his invaluable expertise.

 

About Ibis Software Corporation:

 

For over two decades, Ibis Software Corporation has been at the forefront of innovation, introducing the first non-HUD software for calculating and disclosing Home Equity Conversion Mortgages (HECMs), the most popular form of reverse mortgages. Ibis has served esteemed clients such as Wells Fargo Home Mortgage, J.B. Nutter, the Senior Lending Network, and M&T Bank. Presently, Ibis focuses on providing software solutions to HUD-approved HECM loan counselors, alongside offering the National Reverse Mortgage Lenders Association (NRMLA) with its widely acclaimed online reverse mortgage calculator.