1st Reverse Financial adds new CFOMortgagePress.com1st Reverse Financial Services, CFO, Wilmington Savings Fund Society, Dennis Thomas, Ralph Rosynek
1st Reverse Financial Services LLC (1st Reverse), a subsidiary
of Wilmington Savings Fund Society, FSB (WSFS Bank), has announced
the addition of Dennis Thomas to the senior management team as the
company's new chief financial officer. In his new role, he will be
responsible for all fiscal matters and reporting activities for 1st
"Earlier this month, 1st Reverse and WSFS Bank joined forces to
expand 1st Reverse's existing reverse mortgage platform. Part of
this expansion includes the addition of key individuals such as
Dennis Thomas, to our senior management team," said Ralph Rosynek,
president of 1st Reverse.
Thomas, a CPA, brings over 30 years of experience to the 1st
Reverse team. He was the Director of Internal Audit for the Federal
Home Loan Bank of Chicago where he directed the Bank's audit staff
in a wide variety of audits, including the Mortgage Partnership
Finance (MFP), derivatives and hedging strategies. Prior to this,
he served as the Regional Accountant for the Office of Thrift
Supervision (OTS) and has spent time working with the Internal
Revenue Service (IRS). He has also written guidance for thrift
examiners and speaks on a variety of key issues to public
accountants and financial institution executives.
For more information, visit www.1stReverse.com.