Ellen Skaggs Joins New American Funding as National Reverse Production Manager – NMP Skip to main content

Ellen Skaggs Joins New American Funding as National Reverse Production Manager

Nov 03, 2015
New American Funding has announced the appointment of Ellen Skaggs as national reverse production manager

New American Funding has announced the appointment of Ellen Skaggs as national reverse production manager, where she plans to expand the company's Reverse Mortgage Division nationwide. Skaggs is a seasoned professional in the mortgage industry and has closed more than 3,800 loans over the last 31 years. She has originated a range of reverse, FHA, VA and conventional loans to assist borrowers in reaching their financial dreams of homeownership.

Skaggs has also been actively involved in the National Aging in Place Council (NAIPC) Orange County Chapter. The NAIPC is a senior support network founded on the belief that the majority of older Americans want to stay in their homes for as long as possible. She co-chaired the committee that initiated the chapter, and is now chairman of NAIPAC. She is committed to helping Baby Boomers achieve their financial goals.

She is also an active speaker, holds regular workshops and educates real estate agents on the reverse mortgage process, while maintaining a full pipeline of personal production of reverse mortgages.

About the author
Published
Nov 03, 2015
More from
Reverse
Finance Of America Gets More Reverse Production From The Same Sales Force

Retail funded-loan count rose 33% from the first quarter with stable sales capacity, while proprietary products gained traction by offering some borrowers more cash than HECMs

Aug 11, 2026
Record Senior Equity Widens Reverse Mortgage Opportunity

Homeowners age 62 and older hold $14.92 trillion in housing wealth, but lenders still face the challenge of turning equity into production

Jul 23, 2026
Finance of America Expands Reverse Mortgage Portfolio With $5.2B MSR Acquisition

Acquisition of approximately 20,000 HECM loans from Onity strengthens the company's servicing platform while establishing a three-year subservicing partnership

Jul 02, 2026
Reverse Mortgage Borrowers Are Showing Up Too Late

GreenPath data suggests more seniors are arriving later in the financial cycle, limiting flexibility for loan structuring

Apr 22, 2026
HECM Volume Rebounds In March But Signals Persisting Reverse Mortgage Slowdown

Endorsements rise month over month, but flat annual volume and growing proprietary competition reshape opportunity for LOs

Apr 07, 2026
Finance Of America Launches Second-Lien Reverse Mortgage Amid Rate Lock-In Demand

New HomeSafe second line of credit targets equity-rich homeowners seeking access to cash without refinancing into higher rates or taking on monthly payments

Apr 02, 2026