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, Partners

Reverse Mortgage Funding Hires Mark O’Neil

Bloomfield, N.J., September 3, 2013 — Reverse Mortgage Funding LLC (RMF) hired Mark S. O’Neil as a regional account manager. O’Neil will focus on signing up new third party (TPO) relationships. O’Neil comes to RMF from Security One Lending, where he was previously a reverse mortgage account executive covering the South East before he became an independent consultant.

Prior to that, O’Neil was a reverse mortgage account executive at MetLife Home Loans. He was a 3-time President’s Club Award winner and the first MetLife account executive certified to deliver Home Equity Conversion Mortgage (HECM) courses to financial planners.

O’Neil also held positions at Countrywide and Everbank Reverse Mortgage, where he was a reverse mortgage loan originator. He was a founding partner in Humphreys and O’Neil, LLP, a general practice law firm specializing in residential real estate transactions. He also spent two years as a financial advisor at UBS PaineWebber.

O’Neil holds a Law Degree from Boston College, and Bachelor of Arts and Bachelor of Science degrees from the University of Massachusetts, where he graduated magna cum laude. O’Neil is also a former United States Marine.

Reverse Mortgage Funding LLC is a member of the National Reverse Mortgage Lenders Association.

For more information, visit www.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 www.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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