The reverse mortgage center of Primary Residential Mortgage (PRMI), the Owings Mills, Md., Steven J. Sless group, announced this week the appointment of Greg Pahel as Retail Production Manager overseeing the producing reverse mortgage loans for consumers, in addition to running a branch focused exclusively on reverse mortgages in the state of Arizona.
As Pahel will continue to serve as an originator with its own volume of business, his responsibilities will expand to include leadership, coaching and sales support for the Reverse Mortgage Originators division of the Sless Group. Pahel will serve as a mentor for new originators, while also helping recruit new reverse mortgage LOs across the PRMI organization footprint, which he will oversee in addition to his leadership role from the Arizona branch. .
âAfter extensive research, PRMI and the Sless Group are delighted to welcome Greg Pahel to our organization,â Division President Steven J. Sless said in a statement announcing the appointment. âHis impressive track record of managing elite sales teams, coupled with his solid reputation as a premier producer and industry leader in reverse mortgages, positions Greg as the ideal candidate to bring the direct reverse platform to PRMI consumers to new heights. “
A veteran of the reverse mortgage industry, Pahel previously held industry positions with companies such as the Federal Savings Bank, Paramount Residential Mortgage Group (PRMG) and American Advisors Group (AAG).
“I look forward to bringing my experience in applying my skills across the division to better serve our clients and help PRMI and the Sless Group become one of the leading leaders in reverse mortgages nationwide.” , added Pahel in the announcement of his hiring.
Late last year, PRMI made the decision to appoint the Sless Group as the lender’s dedicated reverse mortgage center, further supporting PRMI’s ambition to become one of the leading reverse mortgage lenders in the world. nationwide.
The launch of a new branch in Arizona marks the opening of the division’s third exclusive regional reverse mortgage branch under the Sless Group / PRMI umbrella. The division also recently expanded its footprint in the Midwest after hiring two dedicated reverse mortgage originators operating out of the Indianapolis branch of PRMI, following a similar move earlier in 2021, marked by a expansion in Southern California and the addition of a regional manager in San Diego.