Generation Mortgage Company has named Scott Peters president and chief executive officer. Peters succeeds former president and CEO Joe Morris, who will take on the role of executive director, industry relations, representing Generation Mortgage as an industry advocate to play a stronger role with organizations such as the National Reverse Mortgage Lenders Association (NRMLA), lend support to wholesale relationships and will also be active legislatively. Morris served as president and CEO since the company’s inception in 2006.
“Joe helped establish Generation Mortgage as one of the largest and most respected reverse mortgage companies in the U.S. and we are grateful to him for his service,” said Jeff Lewis, chairman of Generation Mortgage Company. “As Joe focuses his time on nurturing the decades-old strategic relationships he’s built for Generation, Scott will take the helm to help manage our rapidly growing, national employee team and customer base.”
With more than 28 years of leadership experience, Peters, 51, joins Generation Mortgage from Nortel Networks Corporation, where he led Nortel’s Global Business Services division with more than 500 employees. He also held senior leadership positions within General Electric Capital Corporation, MassMutual, BellSouth Corporation, The Profit Recovery Group International and CompuCredit Corporation.
“I look forward to helping Generation continue to do right by seniors and offer our clients and partners the best customer service the industry has to offer,” said Scott Peters, president and CEO, Generation Mortgage Company. Peters earned his bachelor’s degree from West Point, was a decorated officer in the U.S. Army, and earned his MBA from California State Polytechnic University, where he graduated at the top of his class.
For more information, visit www.generationmortgage.com.