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

Richard Thorpe Joins Reverse Mortgage Funding as Sales Channel Leader

Thorpe will lead the distributed retail strategy

Melville, N.Y., March 31, 2014 — Reverse Mortgage Funding LLC announced today that it has hired Richard Thorpe as its Sales Channel Leader focused on Distributed Retail, one of several key channel strategies for the company this year.

As he implements his strategy, Thorpe will report directly to Reverse Mortgage Funding President David Peskin. Distributed Retail is a key building block in our overall strategy.

“This will be a key initiative for us,” said Peskin. “Richard is a great hire for us and he adds another strong leader as we continue to grow. He brings with him 23 years in the mortgage industry, with the last nine in the reverse mortgage space, so he understands this business extremely well and has a strong record of success.”

Prior to joining Reverse Mortgage Funding, Thorpe was Vice President of the East Coast at Security One Lending. Prior to that, he was the Northeast Area Sales Manager for MetLife's Reverse Mortgage division. Previously, Thorpe served as the National Sales Manager at EverBank Reverse Mortgage.

“I’m looking forward to working with the best loan officers in the reverse mortgage industry and building a world class team at RMF,” said Thorpe.

Thorpe earned his bachelor’s degree from the State University of New York College at Fredonia and lives in New Windsor, N.Y., with is wife and five children.

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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