MortgageReverse

Urban Hires Former Genworth Account Exec To Wholesale Division

Urban Financial Group has hired former Genworth account executive Ryan Menerey to join its wholesale lending team, Urban announced today. Menerey joins Urban from his most recent position as regional account manager for Genworth Financial Home Equity Access, where he managed West Coast production.

“We were looking for someone to help us as we continue to grow our wholesale business,” said Sandy Tennekoon, who oversees Wholesale Relations and Business Development for Urban’s wholesale lending division, Reverse it! “Ryan is a great fit to our existing team.”

Prior to his work at Genworth, Menerey began his career in wholesale mortgage lending with Indymac Bank. In his role with Urban, he will work from Southern California.

“We are excited to have Ryan as a part of our wholesale team,” said Sherry Apanay, Managing Director, Sales for Urban Financial Group. “We believe his industry expertise and commitment to customer service will bring tremendous value to our company.”

Urban Financial has risen recently to the No. 3 spot for wholesale reverse mortgage lending, posting more than 10% market share as of late 2011, according to data from Reverse Market Insight.

Written by Elizabeth Ecker

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