HighTechLending appoints new development manager for reverse

by Ryan Smith26 Jul 2016
California-based reverse lender HighTechLending has named industry veteran John Loveless as its national development manager of reverse wholesale and branching.

Loveless brings with him years of experience in the reverse mortgage space, most recently as president of Las Vegas-based Proficio Mortgage Ventures.  In his new role at HighTechLending, Loveless will work to expand reverse loan production through the company’s retail and wholesale branch channels. He’ll also oversee and direct HighTechLending’s new reverse wholesale division and marketing force.

“We are growing our footprint of branch locations. The company ranks 7th among industry leaders in terms of volume, according to industry data tracked by Reverse Mortgage Insight,” said Don Currie, president of HighTechLending. “We have grown exclusively by referral, and John Loveless understands our vision and is ready for the challenge that lies before him. His experience in the reverse mortgage industry will play a vital role in HighTechLending’s continued national expansion.

HighTechLending became one of the top reverse mortgage brokers in the nation by specializing in converting reverse mortgage brokers into branch partners. The company also caters to mortgage brokers and bankers who want to enter the reverse space but don’t have any reverse experience. In recent months, the company has added new offices in several states across the country, including New Jersey, Virginia and Illinois.
 

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