Liberty Reverse Mortgage

Mutual of Omaha hires veteran Tommy Noyes for reverse wholesale role

Tommy Noyes has joined Mutual of Omaha Mortgage from Liberty Reverse Mortgage as a national wholesale account executive for Mutual’s reverse mortgage business, the company announced Tuesday. 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 […]

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Onity Group raises $200M in debt, reports strong estimated Q4 earnings

On the back of stronger estimated financial earnings, Onity Group — the parent company of PHH Mortgage Corp. and Liberty Reverse Mortgage — raised $200 million through a debt offering to qualified investors on Monday, exceeding its initial target of $150 million. The offering came amid the release of preliminary fourth-quarter 2025 financial results, with

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CMG promotes John-Robert Martinez to lead reverse business in the East

CMG Financial‘s reverse mortgage division has welcomed John-Robert Martinez as regional manager of reverse for the eastern U.S., effective Monday. The news was confirmed on LinkedIn by Sean Kirksey, CMG’s vice president of reverse mortgage. “Anyone who has worked with John knows how much this is earned,” Kirksey wrote. “He has been our top-producing reverse

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FOA maps next steps after PHH reverse asset acquisition

Onity Group, the parent company of PHH Mortgage Corp. and its reverse mortgage arm, Liberty Reverse Mortgage, announced this week that it has chosen to stop originating reverse mortgages. Instead, Onity said it’s selling almost all of its reverse mortgage business to Finance of America (FOA). PHH is selling reverse mortgage servicing rights (MSRs) for

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PHH Mortgage will halt reverse originations, sell MSRs to Finance of America

Onity Group — the parent company of PHH Mortgage Corp. and its reverse mortgage arm, Liberty Reverse Mortgage — announced on Tuesday that the company has entered into a “strategic relationship” with Finance of America (FOA) to sell $9.6 billion in mortgage servicing rights (MSRs), among other agreements. A press release said that PHH/Liberty will

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Tommie Wehrle named president of LGBTQ+ Real Estate Alliance

Tommie Wehrle, a learning consultant with Better Homes and Gardens Real Estate, has been appointed as the 2026 president of the LGBTQ+ Real Estate Alliance, a national trade organization representing more than 3,500 members. Wehrle has worked in real estate for nearly 35 years, holding roles as an agent, broker-owner, instructor and coach. She has

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The proprietary reverse mortgage landscape is getting crowded

The broader mortgage industry and the reverse mortgage subset have worked through a period of elevated interest rates for longer than anyone may have been expecting. Following a post-pandemic boom in volume fueled by Home Equity Conversion Mortgage (HECM) refinances, higher rates have served to restrict HECM volume, according to industry professionals and analysts. In

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Liberty’s Mike Kent talks relaunch of EquityIQ proprietary reverse mortgage

Mike Kent is a busy man. He’s been a key figure at Onity Group’s Liberty Reverse Mortgage for most of the past decade. He’s also served as co-chair of the National Reverse Mortgage Lenders Association (NRMLA) since 2019, and he now serves as senior vice president of reverse asset management and industry relations for Liberty

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