One Reverse Mortgage Adds to Its Ranks and Expands Operations

One Reverse Mortgage LLC (ORM) has announced it has expanded and nearly doubled its headquarters to accommodate the company's continued growth. ORM will occupy one floor and 14,000-plus sq. ft. in its new office, located at 9920 Pacific Heights Boulevard, Suite 350 in San Diego, Calif. One Reverse Mortgage was founded in 2001, operates in 48 states across the U.S. and is a Quicken Loans company.  "One Reverse Mortgage is the fastest-growing reverse mortgage company in the nation," said Gregg Smith, president and COO of OOne Reverse Mortgage. "This success demands additional team members. We had 20 licensed bankers in 2007 and now have more than 130 with immediate plans to hire more. Our operations team has also grown from 16 team members in 2007 to more than 50 today. We expect to hire 20-30 additional team members this year." ORM's new space was designed and built to encourage creativity, communication, collaboration and motivation. One Reverse Mortgage's culture is reflected in the bright colors, open spaces, low interior walls, and fun design combined with the latest state-of-the-art technology. "This new space accommodates our growth, which although aggressive, has been accomplished by maintaining our focus on high-quality client service," said Richard Mandell, chief executive officer of One Reverse Mortgage. "Our licensed bankers are knowledgeable about reverse mortgages and are experienced working with seniors, which has allowed us to grow so rapidly."