Rate CEO Victor Ciardelli Announces Appointment of Top Reverse Mortgage Executives Jesse Q. Allen as President and Greg Pahel as EVP Consumer Direct Reverse Lending [Yahoo! Finance]
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Source: Yahoo! Finance
CHICAGO Nov. 20, 2024 /PRNewswire/ -- Rate, a leader in fintech mortgage innovation and known for its customer-centric approach, announces the addition of Jesse Q. Allen as President of its reverse mortgage division and Greg Pahel as EVP Consumer Direct Reverse Lending. Together, Allen and Pahel will lead Rate's efforts to expand its reverse mortgage business, catering specifically to homeowners aged 55 and above. These appointments underscore Rate's commitment to enhancing financial solutions tailored to the unique needs of this demographic, empowering them to leverage their home equity for a more comfortable and secure retirement. "Jesse brings a wealth of experience and a remarkable track record of success in the reverse mortgage space. His leadership aligns perfectly with Rate's vision of providing innovative solutions that truly meet the needs of homeowners seeking financial flexibility in retirement," said Rate CEO Victor Ciardelli . "With Jesse running our reverse mortgage
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