Retirement News with Professor Craig

Retirement News with Professor Craig

The Retirement News blog is dedicated to the financial and physical health and well-being of older Americans. 
Whether you're already in or nearing retirement, you will find important, topical information in the blog to help you make informed decisions on your road to retiring more freely.
As a 25-year veteran in the financial services industry and a certified trainer and teacher, Professor Craig's #1 goal is to help you thrive in retirement with financial peace of mind. 

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RMF Newsroom, Distributed Retail

Patrick Lambrecht Joins Reverse Mortgage Funding as Retail Operations Leader

Lambrecht will lead key growth channels

Bloomfield, N.J. April 14, 2014 — Reverse Mortgage Funding LLC announced today that it has hired Patrick Lambrecht as its Retail Operations Leader. He will lead all retail operations for the company, with particular focus on the HECM for Purchase and Private Label Channels, two key growth areas.

As he implements his strategy, Lambrecht will report to Michele Zachensky, MetLife veteran, who is an operations executive at Reverse Mortgage Funding.

“Patrick is a great talent and we’re happy he is joining us. I’m glad to have landed him on my team,” said Zachensky. “He brings with him 20 years in the mortgage industry, with particular expertise in retail, operations and sales. He knows retail operations very well and will be a tremendous asset to us.”

Prior to joining Reverse Mortgage Funding, Lambrecht was Vice President for Security 1 Lending. Before that, he was Director of MetLife Bank’s Retail Operations. Prior to that, he was the Assistant Vice President at World Alliance Financial Corporation.

“I’m looking forward to joining this dynamic team and helping add to the great body of work already accomplished,” said Lambrecht.

RMF is hiring immediately; if you are interested in employment opportunities, contact the company at careers@reversefunding.com.

About Reverse Mortgage Funding LLC

Reverse Mortgage Funding LLC was established in July 2012 and is led by industry veterans Craig Corn, Robert Sivori, and David Peskin. These executives have an average of more than 15 years of experience in building and, most importantly, growing firms in the industry. The company has offices in New York and New Jersey. Learn more by calling (877) 820-5314 or visiting reversefunding.com.

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A More Flexible Home Equity Loan

If you’re 62 or older, there is a home equity line of credit option that offers greater financial flexibility than a traditional Home Equity Line of Credit (HELOC). It’s called a Home Equity Conversion Mortgage (HECM) line of credit. 
If you have an existing mortgage or home equity loan you could refinance them with a HECM line of credit and get enhanced benefits, including a flexible payment feature and a line of credit that GROWS when left untouched.
As with any mortgage, you must meet your loan obligations, keeping current with property taxes, insurance, and keeping your home in good condition.


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