1st Reverse Financial Services continues wholesale expansion with two new regional correspondent directorsMortgagePress.com1st Reverse Financial Services, Wilmington Savings Fund Society, reverse mortgages, Jack McGovern, Jamie Longe, Jeanette Heller
1st Reverse Financial Services LLC (1st Reverse), a national
reverse mortgage wholesale lender and subsidiary of Wilmington
Savings Fund Society FSB (WSFS Bank), has hired two well-known
industry professionals to head up wholesale lending relationships
for the company. Jack McGovern has been hired as 1st Reverse's
southwestern regional director of correspondent lending along with
Jamie Longe who will serve as the northeastern regional director of
correspondent lending under the direction of Jeanette Heller, 1st
Reverse's first vice president.
Jack McGovern has an impressive record in the reverse mortgage
industry. He previously worked with Financial Freedom where he
earned the award as the top jumbo loan producer for 2006.
Additionally, he was responsible for the management and marketing
activities for Generation Mortgage's client education center.
McGovern will work with 1st Reverse Correspondents in the
southwestern region of the country; one of 1st Reverse's most
active region for new correspondents.
Serving the northeastern region for 1st Reverse is Jamie Longe,
a long time veteran of mortgage lending. Longe brings with him 15
years of mortgage industry experience, including 13 years in
correspondent lending with CitiMortgage and most recently, Indy Mac
Bank, where he had a proven track record of growing territories for
both companies in the Northeast and Midwest.
"We are extremely pleased to have such experienced and talented
individuals as our new correspondent lending regional directors.
Both Jack and Jaime bring a wealth of reverse mortgage lending
knowledge and expertise that will further enhance the 'concierge'
level of service our business partners have come to expect from 1st
Reverse," said Ralph Rosynek, president of 1st Reverse.
For more information, visit www.1stReverse.com.