Synergy one lending reverse mortgage3/20/2023 Mutual of Omaha first announced its purchase of Synergy One in May of 2018, and the deal was finalized that July. RFS was first established in 2015 as a subsidiary of Synergy One Lending by Torrey Larsen, who previously served as head of Security One’s retail lending division, and served as company president prior to Security One being acquired by Walter Investment Management Corp. As part of the pending acquisition, the ownership of Synergy One Lending will shift to Mutual of Omaha Insurance Co., according to a company announcement. Last summer, it was announced that Mutual of Omaha Bank will be acquired by Pasadena, Calif.-based CIT Bank in a deal valued at $1 billion, but that merger will not include mortgage arm Synergy One Lending which includes the former RFS. Last November, the Retirement Funding Solutions (RFS) brand name associated with Synergy One’s reverse mortgage lending arm was retired in favor of the Mutual of Omaha Mortgage name. Lynsey was recently rated the 1 Originator in Arkansas and will lead Synergy Ones growth into several Midwest markets. is thrilled to announce the hiring of top-producing leader Lynsey Camp in Bentonville, AR. The reverse mortgage business formerly owned by Synergy One is now a subsidiary of the Mutual of Omaha insurance company, and has been folded into the larger organizational structure of Mutual of Omaha Mortgage. 22, 2021 /PRNewswire/ - Synergy One Lending, Inc. “This acquisition enables us to more aggressively pursue our pipeline of opportunities and to continue to evolve our operational and sales platforms in building a fintech-enabled company that aligns our team with the experience our customers demand,” Nemec said. The sale will also allow the company to align the company more closely with a goal of focusing on fintech, according to Nemec. You have all talked about this kind of reverse synergy where the whole may. We provide a consistent client experience that’s centered around your mortgage needs. Synergy One Lending has the right combination of people and technology. In late 2015, Urban changed its name to Finance of America Reverse (FAR). Urban was sold to Walter Investment Management Corp., in 2013. Our confidence in our team and our collective ability to execute couldn’t be higher,” Majerus said. Just one last point on the character loan. Fly through the mortgage process with the utilization of today’s cutting edge technology. Founded in 2003 as Urban Financial, this large reverse mortgage lender was a privately-held company until 2010, when it was acquired by Knight Capital Group. “Aaron and I are sincerely grateful for the opportunity to lead Synergy One into the future. San Diego-based Synergy One, which offers reverse mortgages under the Retirement Funding Solutions brand, was recently acquired by Mutual of Omaha Bank. Led by Synergy One CEO Steve Majerus and President Aaron Nemec, company leadership expressed significant optimism for the future of Synergy One in a press release announcing the purchase. San Diego, Calif.-based Synergy One Lending, which formerly included reverse mortgage lender Retirement Funding Solutions (RFS), announced this week the management-led asset purchase (MBO) of the company’s distributed retail channel and the Synergy One brand from Mutual of Omaha Mortgage.
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |