Long-time participants in reverse mortgage business form Legacy Home FinancingMortgagePress.comReverse mortgages, Legacy Home Financing, Jim Cory, Shawna James, Todd Ausherman
Two prominent reverse mortgage industry executives, and one real
estate attorney, have formed a new company called Legacy Home
Financing, Inc. that will specialize in reverse mortgages and
conventional home loans. The co-founders of Legacy Home Financing
are Jim Cory, Shawna James and Todd Ausherman.
Legacy Home Financings union of founding members brings
impressive mortgage experience to a start-up company. With an
emphasis on reverse mortgage lending, Legacys goal is to be a
preferred provider of specialized mortgage products and services.
The companys mission is to provide these products with integrity
and excellent customer service. Additionally, consumers today need
a broker they can trust and rely on for quality mortgage
"A major factor for us in opening a mortgage brokerage is our
ability to offer valuable financing options with an emphasis on
customer service and education," said Shawna James. "We realize
many of todays mortgage products are complex, and we have the
knowledge and experience to help guide consumers into a program
tailored to their specific needs."
Jim Cory has 10-plus years of management experience in the
reverse mortgage industry, first with Seattle Mortgage Company,
then with Fannie Mae in Washington, D.C., and most recently as
chief operating officer of LibertyStreet Financial Group. Jim is an
active member of the National Reverse Mortgage Lenders Association
where he serves on the HUD and Ethics committees.
Shawna James has more than seven years of experience building
and managing all facets of the reverse mortgage business. Also
starting with Seattle Mortgage Company, Shawna first managed the
loan servicing division and later ran the companys wholesale
division. Later, Shawna joined MortgageIT, a subsidiary of Deutsche
Bank, where she developed, implemented, and managed the companys
reverse mortgage lending division. Shawna serves as a Director on
the NRMLA board, co-chairs the Professional Development Committee
and serves on the HUD and Servicing committees. Shawna also serves
on several committees with the Mortgage Bankers Association.
Todd Ausherman is a real estate attorney and Mortgage Broker
with several years of experience in the mortgage business. In
addition to being a member of the California State Bar, Todd also
founded Prospect Financial Group, a company that specializes in
conventional mortgages and the purchase of residential real estate.
Todd has a Juris Doctorate degree from the University of San Diego,
School of Law.
For more information, visit www.legacyhomefinancing.com.