Finance of America Promotes Jonathan Scarpati to Chief Production Officer
Finance of America (NYSE: FOA) has promoted Jonathan Scarpati to the position of Chief Production Officer, a strategic move aimed at strengthening the company's leadership in home equity-based financing solutions. Scarpati, previously Senior Vice President of Wholesale Production, will now oversee both wholesale and retail production operations.
Under Scarpati's previous leadership, the wholesale team has maintained its position as one of the top producing wholesale originators in the reverse mortgage industry. With 15 years at Finance of America and current service on the Board of Directors for the National Reverse Mortgage Association, Scarpati brings extensive industry experience to the role.
This appointment follows recent additions of a Chief Information Officer, Chief Customer Officer, and two new Board of Directors members, aligning with the company's expansion and long-term growth strategy in making home equity for retirement a mainstream solution.
Finance of America (NYSE: FOA) ha promosso Jonathan Scarpati alla posizione di Chief Production Officer, una mossa strategica mirata a rafforzare la leadership dell'azienda nelle soluzioni di finanziamento basate sull'equità della casa. Scarpati, precedentemente Vicepresidente Senior della Produzione all'Ingrosso, supervisionerà ora le operazioni di produzione sia all'ingrosso che al dettaglio.
Sotto la guida precedente di Scarpati, il team all'ingrosso ha mantenuto la sua posizione come uno dei principali originatori nel settore dei mutui inversi. Con 15 anni di esperienza in Finance of America e attualmente membro del Consiglio di Amministrazione dell'Associazione Nazionale dei Mutui Inversi, Scarpati porta un'ampia esperienza nel settore a questo ruolo.
Questa nomina segue le recenti aggiunte di un Chief Information Officer, un Chief Customer Officer e due nuovi membri del Consiglio di Amministrazione, allineandosi con l'espansione dell'azienda e la strategia di crescita a lungo termine per rendere l'equità della casa una soluzione comune per la pensione.
Finance of America (NYSE: FOA) ha promovido a Jonathan Scarpati al puesto de Chief Production Officer, un movimiento estratégico destinado a fortalecer el liderazgo de la empresa en soluciones de financiamiento basadas en el capital de la vivienda. Scarpati, anteriormente Vicepresidente Senior de Producción Mayorista, ahora supervisará las operaciones de producción tanto mayorista como minorista.
Bajo el liderazgo anterior de Scarpati, el equipo mayorista ha mantenido su posición como uno de los principales originadores de hipotecas inversas en la industria. Con 15 años en Finance of America y servicio actual en la Junta Directiva de la Asociación Nacional de Hipotecas Inversas, Scarpati aporta una amplia experiencia en la industria a este rol.
Este nombramiento sigue a las recientes incorporaciones de un Chief Information Officer, un Chief Customer Officer y dos nuevos miembros de la Junta Directiva, alineándose con la expansión de la empresa y la estrategia de crecimiento a largo plazo para convertir el capital de la vivienda en una solución común para la jubilación.
Finance of America (NYSE: FOA)는 Jonathan Scarpati를 Chief Production Officer로 승진시켰습니다. 이는 주택 자산 기반 금융 솔루션에서 회사의 리더십을 강화하기 위한 전략적 조치입니다. Scarpati는 이전에 도매 생산의 수석 부사장이었으며, 이제 도매 및 소매 생산 운영을 모두 감독하게 됩니다.
Scarpati의 이전 리더십 아래, 도매 팀은 역모기지 산업에서 최고의 도매 기원자 중 하나로 자리 잡았습니다. Finance of America에서 15년을 근무했으며 현재는 국가 역모기지 협회의 이사로 활동하고 있는 Scarpati는 이 역할에 광범위한 산업 경험을 제공합니다.
이번 임명은 최근 Chief Information Officer, Chief Customer Officer 및 이사회의 두 명의 신규 멤버가 추가된 것에 따라 이루어졌으며, 이는 주택 자산을 은퇴를 위한 주류 솔루션으로 만들기 위한 회사의 확장 및 장기 성장 전략에 부합합니다.
Finance of America (NYSE: FOA) a promu Jonathan Scarpati au poste de Chief Production Officer, un mouvement stratégique visant à renforcer le leadership de l'entreprise dans les solutions de financement basées sur l'équité de la maison. Scarpati, précédemment vice-président senior de la production en gros, supervisera désormais les opérations de production en gros et au détail.
Sous la direction précédente de Scarpati, l'équipe en gros a maintenu sa position en tant que l'un des principaux originateurs de prêts hypothécaires inversés dans l'industrie. Avec 15 ans d'expérience chez Finance of America et un service actuel au conseil d'administration de l'Association nationale des hypothèques inversées, Scarpati apporte une vaste expérience du secteur à ce poste.
Cette nomination fait suite à l'ajout récent d'un Chief Information Officer, d'un Chief Customer Officer et de deux nouveaux membres du conseil d'administration, s'alignant sur l'expansion de l'entreprise et la stratégie de croissance à long terme visant à faire de l'équité de la maison une solution courante pour la retraite.
Finance of America (NYSE: FOA) hat Jonathan Scarpati zum Chief Production Officer befördert, eine strategische Entscheidung, die darauf abzielt, die Führungsposition des Unternehmens im Bereich der auf Eigenkapital basierenden Finanzierungslösungen zu stärken. Scarpati, zuvor Senior Vice President für Großhandelsproduktion, wird nun sowohl die Großhandels- als auch die Einzelhandelsproduktionsoperationen überwachen.
Unter Scarpaties vorheriger Leitung hat das Großhandels-Team seine Position als einer der führenden Großhandelsoriginatoren in der Branche der umgekehrten Hypotheken behauptet. Mit 15 Jahren bei Finance of America und seiner aktuellen Tätigkeit im Vorstand der National Reverse Mortgage Association bringt Scarpati umfangreiche Branchenerfahrung in diese Rolle ein.
Diese Ernennung folgt auf die kürzlichen Neuzugänge eines Chief Information Officer, eines Chief Customer Officer und zwei neuen Mitgliedern des Vorstands, was mit der Expansion des Unternehmens und der langfristigen Wachstumsstrategie übereinstimmt, die Eigenkapital für den Ruhestand zu einer gängigen Lösung zu machen.
- Strategic consolidation of wholesale and retail production under unified leadership
- Promotion of experienced internal leader with 15+ years of industry expertise
- Consistent top performance in wholesale originations under Scarpati's previous leadership
- None.
Scarpati to lead FOA’s production organization, driving strategic cohesion and operational efficiency between wholesale and retail.
In his new role, Scarpati will oversee both wholesale and retail production, helping optimize internal structures and accelerate performance gains that will propel the company forward in its next stage of growth. Scarpati has a wealth of industry experience and was previously Senior Vice President of Wholesale Production. Under his leadership, the wholesale team has consistently ranked as one of the top producing wholesale originators in the reverse mortgage industry.
“Jonathan has been at the core of driving reverse mortgage adoption and awareness in the industry for over 20 years, and we’re excited to extend his leadership abilities to accelerate performance as we modernize our brand and expand our reach,” said Kristen Sieffert, President of Finance of America. “This promotion is a direct reflection of his dedication, expertise, and passion, all which have been instrumental in our growth and industry leadership as one of the top originating wholesale platforms for more than a decade.”
“I’m energized to take on the newly created role of Chief Production Officer and to continue working alongside these outstanding teams as we drive the category forward,” said Scarpati. “Each of the channels has its role in Finance of America's growth, and each has unique strengths. With strong collaboration with operations, we will amplify our results, and the channels will work in tandem to increase market penetration. Supporting both the borrower and the partner has always been our core, and I look forward to raising the bar on both fronts.”
Scarpati has been with Finance of America for 15 years and currently serves on the Board of Directors for the National Reverse Mortgage Association, giving him a unique, industry-level perspective on what it will take to grow the reverse mortgage category. He spent his first six years in the reverse mortgage industry at Senior Lending Network/Lender Lead Solutions, where he served as the Vice President of Sales for the Wholesale and Lead Distribution divisions. Scarpati graduated from the University of
Finance of America recently announced the additions of a Chief Information Officer and a Chief Customer Officer, and its parent company announced two new additions to the Finance of America Companies Board of Directors. Each of these strategic appointments are aligned to build leadership around future expansion and further the company’s long-term growth plans.
About Finance of America
Finance of America Reverse LLC dba Finance of America (NMLS 2285) is a modern retirement solutions platform that provides customers with access to an innovative range of retirement offerings centered on the home and is the consumer brand and reverse mortgage operating subsidiary of its parent company, Finance of America Companies Inc. (NYSE: FOA). In addition to the reverse mortgage business, Finance of America Companies offers capital markets and portfolio management capabilities primarily to optimize the distribution of its originated loans to investors. Finance of America is headquartered in
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For Finance of America Investor Relations: ir@financeofamerica.com
Source: Finance of America Companies Inc.
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