Generation Mortgage Company names Scott Peters President and Chief Executive Officer

Generation Mortgage Company has named Scott Peters president and chief executive officer.

Scott Peters was recently featured in the November, 2008 issue of ATLANTA TREND™. His feature article entitled Leadership in Tough Times chronicles Peters' commitment to continuous improvement in successfully handling crisis and challenge throughout his career. If you would like to review his guidance and insight, please join us in our networking event. He will be our featured speaker at our upcoming reception in November, 2009 sponsored by Trans Atlantic Systems. Stay tuned for more details regarding this reception.

Peters succeeds former president and CEO Joe Morris, who will take on the role of executive director, industry relations, representing Generation Mortgage as an industry advocate to play a stronger role with organizations such as the National Reverse Mortgage Lenders Association (NRMLA), lend support to wholesale relationships and will also be active legislatively. Morris served as president and CEO since the company's inception in 2006.

"Joe helped establish Generation Mortgage as one of the largest and most respected reverse mortgage companies in the U.S. and we are grateful to him for his service," said Jeff Lewis, chairman, Generation Mortgage Company. "As Joe focuses his time on nurturing the decades-old strategic relationships he's built for Generation, Scott will take the helm to help manage our rapidly growing, national employee team and customer base."

With more than 28 years of leadership experience, Peters, 51, joins Generation Mortgage from Nortel Networks Corporation, where he led Nortel's Global Business Services division with more than 500 employees. He also held senior leadership positions within General Electric Capital Corporation, MassMutual, BellSouth Corporation, The Profit Recovery Group International and CompuCredit Corporation.

"I look forward to helping Generation continue to do right by seniors and offer our clients and partners the best customer service the industry has to offer," said Scott Peters, president and CEO, Generation Mortgage Company.

Peters earned his bachelor's degree from West Point, was a decorated officer in the U.S. Army, and earned his MBA from California State Polytechnic University, where he graduated at the top of his class.

About Generation Mortgage

Generation Mortgage Company is one of the nation's leaders in reverse mortgage lending, and a member of NRMLA (National Reverse Mortgage Lenders Association). With its sole focus on reverse mortgages, Generation Mortgage Company offers seniors "A New Generation in Reverse Mortgages and pledges to deliver outstanding customer service, as exemplified by its loan Servicing - Generation services all its reverse mortgage loans and does not outsource them.

1. Continue to LEARN every day. Great ideas are everywhere. If it’s difficult to recognize new ideas, then perhaps a change of venue, perspective, etc… may help.

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"ATLANTA TREND™ expresses its thanks and deep appreciation to Scott Peters for sharing his thoughts with us.


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