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ComplianceEase launches technology solutions together with state mortgage/banking regulators to automate regulatory exams

National Mortgage Professional
Aug 21, 2008

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
Aug 21, 2008
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