Sept/Oct 2021 Reverse Mortgage Magazine

Member Profiles Who’s Who in Reverse Mortgages Profiles of Member Companies Member News Steven Sless Group Partners with IDFA The Steven J. Sless Group of Primary Residential Mortgage, based in Owings Mills, MD, formed an affinity partnership with the Institute for Divorce Financial Analysts (IDFA). Founded in 1993, IDFA provides specialized training to accounting, financial and legal professionals in the field of pre-divorce financial planning. It has certified more than 5,000 professionals in the United States and Canada as Certified Divorce Financial Analyst ® (CDFA ® ) professionals. “IDFA is the premier organization for financial professionals in the divorce arena, and we are thrilled to team with them as their reverse mortgage resource,” Steven Sless says. “We look forward to helping their members better serve their 60-plus clients by having a deeper understanding of how reverse mortgages can help both parties move forward with their divorce fairly.” Foster Joins Wright, Finlay & Zak Brett L. Foster joined Wright, Finlay & Zak, LLP, Newport Beach, CA, as counsel. For over 25 years, Foster’s practice focused on the business and regulatory compliance issues faced by banks, credit unions and mortgage bankers. Foster has extensive experience advising clients on residential and commercial mortgage lending operations and licensing, payments and vendor engagement across numerous financial services platforms. Prior to joining Wright, Finlay & Zak, Foster held positions as general counsel of a regional bank and national mortgage loan servicer and chief compliance officer for one of the country’s largest retail consumer finance and wholesale mortgage lenders. ReverseVision Exec Named Mortgage Star ReverseVision Vice President of Sales and Marketing Wendy Peel was one of 38 female executives who were recently named a Mortgage Star award recipient by Mortgage Women Magazine . 2021 marks the inaugural year of Mortgage Women Magazine’s Mortgage Star award program. The initiative honors “women at all levels of the mortgage industry who are finding ways to inspire, advance and achieve beyond the norm.” Peel was recognized as a powerful advocate for expanding Home Equity Conversion Mortgage and reverse mortgage lending opportunities to older Americans. AAG Conducts Post-COVID Retirement Survey American Advisors Group (AAG) conducted a Post-2020 Retirement Survey with over 1,500 participants aged 60 to 75 to understand the impact that 2020 had on seniors’ work life and finances. The survey found that: • Nearly half of the survey takers (46 percent) said they plan on working part-time or picking up a side job during their retirement; • Nearly one in five (18 percent) said they plan to work past the age of 70; and • An additional 12 percent said they do not plan to ever stop working full-time. “While we know that Americans are living longer, this survey illustrates that seniors are working longer into their retirement years, too,” AAG Chief Operating Officer and Chief Marketing Officer Martin Lenoir says. “We’re also starting to see a positive shift with our customers who have done their research; they are looking at home equity to fill that cashflow gap so that, instead of working longer, they can enjoy the lifestyles they’ve spent years building.” FAR Hires Senior Director of Marketing Intelligence Naomi Hart joined Finance of America Reverse as senior director of marketing intelligence and will focus on further enhancing the company’s digital consumer engagement and reaching new audiences. Hart is based in San Francisco and will report to Ashley Honoré Smith, head of marketing and communications. Hart’s extensive knowledge in strategic marketing and analytics will take a macro approach to help Americans address the challenges they are facing in finding solutions most suitable for their circumstances. Through her previous work with the National Council on Aging, Hart has applied predictive data to create comprehensive programs that enhance how Americans understand aging and longevity, as well as providing improved access to services and information. Prior to NCOA, she worked at The World Bank as a consultant in knowledge management, as well as at NASA’s Ames Research Center with a fellowship grant. Allegiant Reverse Services, a division of FNC Title Services, LLC Allegiant Reverse Services, a divi- sion of FNCTitle Services, LLC., is a full-service title and settlement com- pany with a national footprint. Our seasoned staff is regarded as the most knowledgeable and professional team in the industry. Additionally, we are backed by the top two underwriters in the nation. Fidelity National Title and First American Title provide the comprehensive coverage, stability and security our borrowers and lenders deserve. This along with our steadfast dedication and loyalty to the reverse mortgage industry continues to make us the partner you can depend on. Megan Hafenstein, Vice President megan@allegiantreverse.com • 844-808-8299 • allegiantreverse.com American Advisors Group (AAG) AAG is dedicated to helping older Americans find new ways to fund a better retirement through the responsible use of home equity. As the nation’s leader in reverse mortgage lending, AAG offers a suite of home equity solutions – including federally-insured Home Equity Conversion Mortgages, traditional and proprietary mortgages, and real estate services – that are designed to give seniors a better financial outcome in retirement. AAG is a proud member of the National Reverse Mortgage Lenders Association (NRMLA). To learn more about AAG and reverse mort- gage loans, please visit the company’s website at www.aag.com/wholesale. Tabatha Addison, Vice President, Business Development & Training taddison@aag.com • (866) 964-1109 • www.aag.com/wholesale Bay Docs, LLC Bay Docs has been servicing the reverse mortgage industry since 1994! We added our Reverse Express reverse mortgage Loan Origination System to our products in 2008. We support both the Home Equity Conversion Mortgage (HECM) program and Proprietary Reverse Mortgages. Our goal is to provide the best customer service in the industry and to ensure that all your reverse mortgage needs are met. Megen Lawler, Chief Executive Officer mlawler@baydocs.net • 415-408-5135 • https://www.baydocs.net Celink People – We are a team of committed and ethical reverse mortgage servicing professionals and sub- ject matter experts. Platform – ReverseServ™ is Celink’s proprietary reverse mortgage servicing platform. Process – Celink manages thousands of line of credit requests, files hun- dreds of claims to HUD, and may process between two to 5,000 monthly prepayments, foreclosures, due & payables, and T&I defaults. Partners – Celink has long-term and mutually-profitable relationships with very reputable names in the reverse mortgage industry. Passion – Celink is dedicated to its clients, their borrowers, and the reverse mortgage industry-at-large. Contact: Katie Rizzo, Director of Client Relations 517-703-1857 • www.celink.com 34 REVERSE MORTGAGE / SEPTEMBER-OCTOBER 2021