ABA Endorses Reverse Mortgage Funding's Home Equity Conversion Mortgage Products - Insurance News | InsuranceNewsNet

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April 9, 2015 Newswires
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ABA Endorses Reverse Mortgage Funding’s Home Equity Conversion Mortgage Products

By a News Reporter-Staff News Editor at Investment Weekly News -- The American Bankers Association has endorsed, through its Corporation for American Banking subsidiary, Reverse Mortgage Funding LLC's reverse mortgage program including its full offering of FHA-insured Home Equity Conversion Mortgage (HECM) products.

"Bankers want a quality turnkey reverse mortgage solution offered by a company with unparalleled expertise and a strong reputation for supporting the needs of our industry," said Ken Burgess, chairman of ABA's Endorsed Solutions Banker Advisory Council. "This ABA endorsement showcases the strength of Reverse Mortgage Funding's offerings." Burgess is also chairman, FirstCapital Bank of Texas, Midland, Texas.

Reverse Mortgage Funding is an independent provider of HECM products, offering flexible solutions, industry insights and responsive service to its partners. The company also provides valuable integration assistance for financial institutions offering its reverse mortgage products, including comprehensive training and support as well as marketing tools and other collateral materials.

"Since our founding in 2012, our team has worked hard to forge an innovative, best-in-class product offering that caters to the diverse needs of borrowers seeking retirement financing solutions. We're proud that these efforts have led to ABA's endorsement of our HECM products for their member banks," said Craig Corn, CEO, Reverse Mortgage Funding.

"Our HECM products enable financial institutions to easily incorporate reverse mortgages into their offering. This ABA endorsement is testament to the high level of service and expertise our team offers throughout the entire process," said Michael Mooney, national sales manager, Financial Institutions Group, Reverse Mortgage Funding.

For more information on this and more ABA endorsed solutions, visit aba.com/endorsed or call 1-800-BANKERS. About American Bankers Association The American Bankers Association is the voice of the nation's $15 trillion banking industry, which is composed of small, regional and large banks that together employ more than 2 million people, safeguard $11 trillion in deposits and extend nearly $8 trillion in loans. Learn more at aba.com. About Corporation for American Banking ABA endorsed solutions help banks make money, save money, diversify income and improve efficiency. Backed by our comprehensive due-diligence process, these select solutions are analyzed by industry experts, field-tested by bankers and meet stringent quality and customer-service standards. From compliance and insurance to payments and mortgage lending, you'll find products and services to enhance your bank's bottom line. Learn more at aba.com/endorsed. About Reverse Mortgage Funding LLC Reverse Mortgage Funding LLC was established in July 2012 and is led by industry veterans Craig M. Corn, Robert V. Sivori and David Peskin. These executives average over 20 years of experience in building and growing firms in the industry. The company has offices in New York and New Jersey, with the ability to conduct business in all 50 states plus Puerto Rico and the District of Columbia. Learn more by calling (877) 820-5314 or visiting www.reversefunding.com.

Keywords for this news article include: Real Estate, Investment and Finance, Reverse Mortgage Funding LLC, Home Equity Conversion Mortgage.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2015, NewsRx LLC

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