Skip to main content

Watch out! Here come the lawyers!

National Mortgage Professional
Aug 13, 2008

Senior Lending Network continues to grow at Melville, N.Y. headquartersMortgagePress.comSenior Lending Network, reverse mortgage, World Alliance Financial Corporation, Long Island Works Coalition Senior Lending Network, a World Alliance Financial Corporation program and an industry leader in reverse mortgages, held a press conference and open house on Aug. 6 to celebrate the completion of their new state-of-the-art offices at its headquarters in Melville, N.Y. The event featured a welcome reception, tour of the facility and a $5,000 donation to the Long Island Works Coalition. David Peskin, chief executive officer of Senior Lending Network, provided an introduction to the event, speaking about the highly educated, experienced and motivated workforce on Long Island and how it has contributed to the success of the company. Honored guest speakers included Congressman Steve Israel, Representative from the 2nd District of New York, Matt Crosson, president of the Long Island Association, and Steven Stern, Suffolk County Legislator and elder-care attorney. Additional speakers included two Senior Lending Network employees who discussed living and working on Long Island and their experiences at such a fast-growing company. "At a time where the financial sector is struggling and many mortgage companies have shut their doors, Senior Lending Network continues to grow and thrive. As a leader in the reverse mortgage industry, our business is contingent upon hiring the right people for the job," said Peskin. "We believe the Long Island market offers an abundance of talent in the financial services arena and I am extremely proud to be an active member of the Long Island community. We will continue to help people stay on Long Island by creating new jobs and recruiting local talent." "I congratulate Senior Lending Network on their expansion. When many other companies are struggling, they continue to grow and provide financial services to seniors," said Rep. Steve Israel. Legislator Steven Stern echoed the congressman's sentiments adding that reverse mortgages are an incredibly valuable financial tool that more and more seniors are benefiting from each day. "Senior Lending Network is able to connect to seniors on a personal level allowing them the freedom to attain financial independence in their golden years." Peskin also presented a $5,000 donation on behalf of Senior Lending Network to Cheryl Davidson, executive director of Long Island Works Coalition. Long Island Works Coalition is an organization that helps to prepare students and graduates for full participation in the economic and social fabric of Long Island. Matt Crosson, President of the Long Island Association, acknowledged the Senior Lending Networks generosity and commitment to Long Island. "Long Island Works Coalition is a perfect match for Senior Lending Network. Both are working their hardest to keep young people employed and living on Long Island. Senior Lending Network made a decision that Long Island is a great place to be both now and in the future. It's a place where young people, who have grown up here, can start their own lives, careers and families, and that is the message that we want all Long Islanders to hear." For more information, visit
Aug 13, 2008
U.S. 2nd Circuit Appeals Court Rules CFPB Constitutional

Decision comes as Supreme Court prepares to review 5th Circuit Court's opposite ruling on the bureau.

Mar 23, 2023
ICE, Black Knight Officially Respond To FTC Bid To Block Merger

Companies say planned sale of Black Knight's Empower LOS resolves any antitrust concerns.

Fed OKs 9th Rate Hike In 12 Months

Boosts federal funds rate by another 25 basis points.

MISMO Seeks Comment On iLAD 2.3.0

The Industry Loan Application Dataset is the standard for exchanging loan application information.

HUD Eliminating Fair Housing Act Rule That Never Took Effect

Department to rescind 2020 rule that court injunction halted.

MISMO Names David Coleman As President

Coleman has more than 25 years of mortgage industry experience.