Bloomfield, N.J.-headquartered Reverse Mortgage Funding LLC announced Wednesday the hiring of Robert Cooper as Director of Strategic Partners targeting the builder and real estate community.
In this role, Cooper will focus on developing strategic relationships and partnerships with the builder and real estate agent communities to strengthen Reverse Mortgage Funding’s Home Equity Conversion Mortgage (HECM) for Purchase platform.
Cooper has spent more than a decade working in the reverse mortgage industry and managing accounts throughout the mid-Atlantic.
“His strong experience adds another accomplished leader to our team, and we’re happy he is joining us,” said David Peskin, president of Reverse Mortgage Funding, in a statement. “His role at Reverse Mortgage Funding will be important; builders and realtors are important audiences. We believe the HECM for Purchase product will become a very important product for seniors over the next few years as traditional mortgages become more challenging to obtain.”
Cooper’s strategic focus on developing relationships with builders and real estate agents is an important step for RMF, Peskin added. He joins Reverse Mortgage Funding from Security One Lending, where he was a vice president and regional manager for the mid-Atlantic region.
Before that, Cooper was the National Director of Business Development/Distributive Sales for One Reverse Mortgage. Prior to that, Cooper was area manager of the mid-Atlantic region for MetLife Bank.
Written by Alyssa Gerace