Seth Hooper, executive vice president of product management at Mortgage Cadence, expressed excitement over the company’s growth opportunities beyond traditional loan products with Morales’ experience.
“We want to help grow reverse from being a specialized product to one that is part of a broad suite of products that lenders can offer borrowers,” said Hooper. “We are really excited to have George on board, who will be an invaluable asset for us in the reverse space.”
“The mortgage industry is poised to look for growth opportunities beyond traditional loan products, which is where reverse mortgages come into play,” Morales said. “That’s why I’m so enthusiastic about Mortgage Cadence; the ability to originate traditional loan products and reverse mortgages in a single system is revolutionary on several fronts.”
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