ORM Expands To Meet Growth In Reverse Mortgage Business

One Reverse Mortgage LLC (ORM), a retail provider of reverse mortgage home loans and subsidiary of Quicken Loans, has expanded its headquarters in San Diego to accommodate continued growth.

‘We had 20 licensed bankers in 2007, and now have more than 130, with immediate plans to hire more,’ says Gregg Smith, president and chief operating officer of ORM. ‘Our operations team has also grown from 16 team members in 2007 to more than 50 today. We expect to hire 20 to 30 additional team members this year.’

ORM was founded in 2001 and operates in 48 states. It specializes in U.S. Department of Housing and Urban Development Home Equity Conversion Mortgages.


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