Mutual of Omaha hires veteran Tommy Noyes for reverse wholesale role

Tommy Noyes has joined Mutual of Omaha Mortgage from Liberty Reverse Mortgage as a national wholesale account executive for Mutual’s reverse mortgage business, the company announced Tuesday.

In the role, Noyes will focus on deepening customer relationships and supporting the growth of the company’s third-party channel. Noyes spent 17 years at Liberty, where he became the longest-tenured account executive.

In November, Onity Group — the parent company of PHH Mortgage Corp. and its reverse mortgage arm, Liberty Reverse Mortgage — announced a deal with Finance of America (FOA) to sell PHH‘s existing pipeline of reverse mortgages and transfer at least some of its U.S.-based reverse originations staff. PHH will cease originating reverse mortgages but will continue securitizing reverse mortgage buyout loans.

Noyes entered the reverse mortgage business in 2007 at Financial Freedom Senior Funding Corp. before joining Liberty in 2009.

“Tommy is one of the most experienced account executives in our business,” said Mark O’Neil, senior vice president of wholesale at Mutual of Omaha. Noyes added in a statement that the company “has a great proprietary program, along with the HECM, and an all-around proactive, common-sense sales culture.”

Mutual of Omaha led originations for the federal reverse mortgage program in 2025. It endorsed 447 HECMs in December, bringing its total for all of last year to 5,740 loans, down from 6,149 in 2024, according to data compiled by Reverse Market Insight (RMI).

In 2025, the company also entered the proprietary reverse mortgage market with its April launch of SecureEquity.