Open Mortgage turns to reverse mortgage leader for newly created role

Move is part of the company's retail and wholesale expansion plans

Open Mortgage turns to reverse mortgage leader for newly created role

Open Mortgage has created a new chief revenue officer position and appointed Scott Harkless (pictured) to the role.

Harkless, a 16-year mortgage leader with expertise in both traditional and reverse mortgage lending, will oversee all sales functions within the company, wholesale and retail in both the reverse and forward divisions.

Open Mortgage president Joe Stephenson praised Harkless in a statement: “Scott’s extensive experience, demonstrated leadership, and proven track record in the mortgage industry make him an ideal fit for this new position at Open Mortgage.”

Stephenson added that the move would further grow its retail and wholesale platform. “In this way, he will be instrumental in expanding our footprint in target markets where Open Mortgage can make a greater impact in the local community,” he said.

Harkless started his mortgage career in 2006 when he joined Countrywide Home Loans’ strategic alliance division. After Bank of America acquired Countrywide in 2008, Harkless led the firm’s business-to-business platforms as executive sales leader. Most recently, he served as vice president of enterprise partnerships at American Advisors Group, a reverse mortgage lender.

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“Open Mortgage’s dynamic and innovative culture has created an unrivaled entrepreneurial environment where loan originators feel valued,” Harkless said. “With its growing retail and wholesale footprint, focus on purchase and uptrend in reverse lending, the company is well poised for future expansion. As I take the mantle to lead this growth engine to the next level, I’m committed to delivering the culture, infrastructure and process that energizes that pathway.”