Skip to main content

Open Mortgage Hires Former Live Well Financial Employees

Phil Hall
May 31, 2019
Open Mortgage

Austin-based Open Mortgage has announced that it is hiring approximately 50 sales and operations employees of Live Well Financial who found themselves out of work when the Richmond, Va.-based company shut down earlier this month.
 
Open Mortgage has also hired three members of Live Well Financial’s mortgage lending team: Bruce Barnes, Jim Cory and Joshua Moran, formerly Executive Vice President, Senior Vice President of Operations and Senior Vice President of Wholesale & Correspondent Lending, respectively. Live Well Financial was founded in April 2005 as a lender and servicer of traditional and reverse mortgages, but abruptly ceased operation on May 3 due to what it called “sudden and unexpected developments.”
 
“As a top reverse mortgage lender, Live Well Financial’s team has unparalleled industry expertise in all phases of reverse mortgages and a love of technology, just like us,” said Scott Gordon, Founder and CEO of Open Mortgage. “We are expanding the Open Mortgage family and gaining some of the brightest folks in our industry.”
Published
May 31, 2019
More from
Reverse
Open Mortgage Hires New National Director of Reverse Sales

Charith Rodrigo joins company from American Advisors Group.

Career
May 04, 2022
Reverse Mortgage Industry Sees April Drop In Loans

Decline comes after previous month’s 10-year high

Reverse
May 03, 2022
Reverse Mortgage Veteran Joins Steven J. Sless Group

Christopher Hartley will focus on increasing reverse mortgage originations

Reverse
Apr 15, 2022
ReverseVision Inc. Acquired By Constellation Mortgage Solutions Inc.

Constellation Mortgage Solutions Inc. announced the acquisition of ReverseVision, Inc., a home equity conversion mortgage and private reverse mortgage sales origination software company.

Home Equity
Feb 11, 2022
Steven J. Sless Group Of PRMI Appoints New Retail Production Manager

The Steven J. Sless Group of Primary Residential Mortgage named Greg Pahel as retail production manager, overseeing consumer direct reverse mortgage production.

Reverse
Jan 12, 2022
Washington Trust Hires New MLO

The Washington Trust Company hired Matthew McCarthy of Bloomfield, CT as a mortgage loan officer.

Community
Dec 16, 2021