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Mutual of Omaha Reverse Mortgage Expands Wholesale Team with Key Management Hire


Mark O’Neil
Mutual of Omaha Mortgage
October 16, 2023



Mutual of Omaha Reverse Mortgage Expands Wholesale Team with Key Management Hire

Mutual of Omaha Reverse Mortgage has appointed industry veteran Jennifer Allen as Wholesale Operations Manager. Allen brings more than 20 years of mortgage experience, including 15 years focused on reverse mortgage underwriting and operations.


“Jennifer brings a wealth of industry experience to our leadership team, including a strong credit background and an innovative mindset that will be pivotal in helping Mutual of Omaha Mortgage grow,” said Rachael Loonam, Senior Vice President of Operations at Mutual of Omaha Mortgage. “Jennifer will be an important voice and asset to our leadership team, and I can’t wait to see what we accomplish together in the future.”


Prior to joining Mutual of Omaha Mortgage, Allen held management roles at various companies within the reverse mortgage industry, including most recently serving as the Wholesale Underwriting Manager at Longbridge Financial.


“Every reverse mortgage loan is more important than ever, especially as our industry faces challenges,” Allen said. “I’m excited to bring my experience to this role, so I can work closely with both our sales team and partners to make sure we close as many of these loans as possible for our borrowers.”


About Mutual of Omaha Mortgage

A subsidiary of Mutual of Omaha, Mutual of Omaha Mortgage offers a variety of home financing and refinancing options as well as industry-leading reverse mortgage products to help its customers through life’s transitions. For more information about Mutual of Omaha Mortgage, visit


About Mutual of Omaha 

Founded in 1909, Mutual of Omaha is a highly rated, Fortune 500 organization offering a variety of insurance and financial products for individuals, businesses, and groups throughout the United States. As a mutual company, Mutual of Omaha is owned by its policyholders and committed to providing outstanding service to its customers. For more information about Mutual of Omaha, visit



Editor in Chief:
As a prominent commentator and Editor in Chief at, Shannon Hicks has played a pivotal role in reshaping the conversation around reverse mortgages. His unique perspectives and deep understanding of the industry have not only educated countless readers but has also contributed to introducing practical strategies utilizing housing wealth with a reverse mortgage.
Shannon’s journey into the world of reverse mortgages began in 2002 as an originator and his prior work in the financial services industry. Shannon has been covering reverse mortgage news stories since 2008 when he launched the podcast HECMWorld Weekly. Later, in 2010 he began producing the weekly video series The Industry Leader Update and Friday’s Food for Thought.
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