Reverse Mortgage Loan Blog

RENTON, Wash.–(BUSINESS WIRE)–BNY Mortgage, An EverBank Company, has relocated its Western Regional Operating Center to Renton, Wash., in order to accommodate the growing needs of its clients and staff in the area. BNY Mortgage is now located at 1601 East Valley Road, Suite 180, in Renton.

“The reverse mortgage industry is exploding with growth, driven by older Americans seeking a greater sense of financial well-being and peace of mind, as well as traditional mortgage lenders looking to build their expertise in the reverse mortgage space,” said Sarah Hulbert, senior vice president, BNY Mortgage. “We now have the capacity and staff in place to meet growing client demand, while providing our clients with the level of service they deserve.”

Hulbert is a member of the BNYMC Executive Management Team and leads the BNY Mortgage Western Regional Operating Center. She has over 15 years of industry experience establishing and growing successful reverse mortgage operations. Most recently, she served as senior vice president and national director of reverse mortgages for Seattle Mortgage Company, which was recently purchased by Bank of America. Prior to that, she oversaw reverse mortgage operations for Unity Mortgage. Hulbert is a renowned speaker and published author, and has served multiple roles with the National Reverse Mortgage Lenders Association where she currently acts as chairwoman ex-officio.

The new Renton location is a state-of-the-art facility, featuring VoIP technology, a Web-based interactive tool for partners, as well as video conferencing capabilities and training facilities. The BNY Mortgage Western Regional Operating Center serves the company’s clients (reverse mortgage borrowers, wholesale lenders and retail operations) based on the West Coast; however, the location is also staffed to accommodate East Coast business hours.

BNY Mortgage anticipates that the number of older Americans securing reverse mortgages will increase by 50 percent this year. With its staff of industry leaders and their cumulative knowledge and expertise in retail, wholesale, correspondent, and private label reverse mortgage services, the company is poised to lead the U.S. reverse mortgage business. Already, the team at BNY Mortgage has brought more reverse mortgage products to market than what’s been introduced in the last 17 years.

Found here.

Bookmark It