Longbridge launches third-party affiliate business

Leading reverse mortgage lender and servicer Longbridge Financial has launched a new third-party affiliate (TPA) business designed to support its wholesale and retail channels by identifying and executing on new reverse mortgage origination opportunities.

The TPA channel is being spearheaded by several industry veterans who have made the jump to Longbridge from RMF and AAG. Leaders include National Purchase & Builder Sales Leader Rob Cooper; Head of Financial Advisor Relations Christian Mills; Director of Product & Strategic Development Larissa Morrell; and Head of Aging in Place Partnerships Kelly Rogers.

This lead generation and execution business was designed to build on established partnerships the company has forged with homebuilders while also providing direct support to the company’s national field sales (NFS) division, which launched last year.

To get a better idea of these TPA plans, RMD sat down with Adrian Prieto, Longbridge’s SVP of wholesale lending and third-party affiliates. Read the full article in Reverse Mortgage Daily.

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