One of the top reverse mortgage companies in the nation is
about to carry a new name.
Retirement Funding Solutions, which ranks among the top 10 reverse mortgage lenders in the U.S., is rebranding and will now be known as Mutual of Omaha Mortgage.
Retirement Funding Solutions is a subsidiary of Synergy
One Lending, a mortgage
lender that offers a variety of home financing products and services, including
mortgages and reverse mortgages, through a network of loan officers, mortgage
brokers, and direct sales channels.
Synergy One was acquired last year by insurance giant Mutual of Omaha, and eventually began operating at Mutual of Omaha Mortgage.
And now, Retirement
Funding Solutions will carry the same name.
The name change comes as Mutual of Omaha is in the process of selling off its banking arm, Mutual of Omaha Bank, to CIT Bank, the banking subsidiary of CIT Group.
Synergy One and Retirement Funding Solutions operated under the
Mutual of Omaha Bank umbrella, but Mutual of Omaha is not selling the mortgage
Rather, the company is transitioning Mutual of Omaha
Mortgage from the bank to Mutual of
Omaha Insurance Co., the parent company.
And now, the companies will all carry the Mutual of Omaha
“As we become more closely aligned and integrated with
Mutual of Omaha, we are excited to adopt the Mutual of Omaha brand, which is
known and respected by consumers for its integrity and customer focus,” Retirement
Funding Solutions President Alex Pistone said.
The post Reverse mortgage lender Retirement Funding Solutions rebranding as Mutual of Omaha Mortgage appeared first on HousingWire.