Mutual of Omaha Mortgage taps reverse specialist

He jumps ship from Reverse Mortgage Funding

Mutual of Omaha Mortgage taps reverse specialist

Mutual of Omaha Mortgage has hired reverse lending expert Geoffrey Wallace (pictured) as director of strategic business.

Wallace announced the news on LinkedIn, saying he would help the company create business opportunities for loan officers nationwide. Wallace joined Mutual of Omaha from Reverse Mortgage Funding (RMF), where he spent nearly six years as Western regional sales manager.

Prior to RMF, Wallace held other reverse mortgage positions at Evergreen Home Loans, Metropolitan Home Mortgage, Citibank, Bank of America, and Wells Fargo Home Mortgage.

“Another top-shelf addition to this amazing leadership team. Welcome aboard, Geoffrey,” said Paul Donohue, reverse area sales manager at Mutual of Omaha Mortgage. “You, sir, are going to make a huge impact on our growing circle of strategic alliances.”

“It’s easy to see that Mutual of Omaha Mortgage is going to be a predominant player in the mortgage industry, so it was a no-brainer to join the team. They have all the building blocks in place and are executing at such a high level as they continue emerging as an industry leader,” Wallace said.

Wallace’s appointment comes on the heels of the company’s acquisition of Keller Mortgage. Mutual of Omaha Mortgage will co-own and operate Keller Mortgage alongside its existing forward and reverse mortgage divisions, MPA reported in February.

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