Appointment comes as company expands its suite of reverse mortgage products
Accenture subsidiary Mortgage Cadence has hired George Morales (pictured) as its new reverse mortgage product manager.
Morales, who has 24 years of experience in the mortgage and real estate industry, will be responsible for product strategy and subject matter expertise for the Mortgage Cadence Platform (MCP), specifically on reverse mortgage loan origination. He will manage reverse mortgage enhancements in MCP and supporting products, provide business case support and rationale for the enhancements, and act as an in-house reverse mortgage expert for MCP and its clients.
Before joining Mortgage Cadence, Morales was the vice president of reverse mortgage lending at The Sless Group of Primary Residential Mortgage. He also worked at American Advisors Group (AAG) and other players in the reverse mortgage sector.
Seth Hooper, executive vice president of product management at Mortgage Cadence, expressed excitement over the company's growth opportunities beyond traditional loan products with Morales' experience.
"We want to help grow reverse from being a specialized product to one that is part of a broad suite of products that lenders can offer borrowers," said Hooper. "We are really excited to have George on board, who will be an invaluable asset for us in the reverse space."
"The mortgage industry is poised to look for growth opportunities beyond traditional loan products, which is where reverse mortgages come into play," Morales said. "That's why I'm so enthusiastic about Mortgage Cadence; the ability to originate traditional loan products and reverse mortgages in a single system is revolutionary on several fronts."
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