In the last 60 days, 1st Reverse's retail sales force has grown by over70% through key retail management additions and a successful nationalrecruiting program. "1st Reverse's emphasis on support, training and a'concierge' level of service for our customers is attracting some of thereverse mortgage industry's top talent," said Ralph Rosynek, President of 1stReverse. "Even with this significant increase in our retail presence, ourprogrammed growth plans include additional retail reverse mortgage originatorsin many areas throughout the nation; including the West and Southwest,"Rosynek said.

"Tim Linger has a proven track record of recruiting, training, andmentoring a strong successful reverse mortgage sales force," said DavidCesario, Executive Vice President of Sales and Marketing for 1st Reverse. "Timhad set many reverse mortgage sales records with his former employer and wefeel fortunate to add someone with Tim's tremendous experience to ourmanagement team."

Linger brings to 1st Reverse 15 years experience working with seniors; 8of those years in the reverse mortgage industry. For the last 3 years, Lingerwas the retail sales manager for the Southeast and Capitol Regions ofFinancial Freedom Senior Funding Corporation. He is also a Certified SeniorAdvisor (CSA), holds a Certified in Long-term Care (CLTC) designation and isinvolved with the Senior Education Foundation, a non-profit agency in Florida.It is this depth of background and quality service that makes Linger a perfectfit in 1st Reverse's senior-centric culture.

The reverse mortgage industry continues to experience tremendous growtheven as the rest of the mortgage lending industry suffers from all the turmoilon Wall Street. Reverse mortgage loans are growing in popularity and are seenas a tremendous tool for today's senior to secure their financial future inthese uncertain times. Reverse mortgage loans can provide seniors with accessto government insured loan proceeds that are guaranteed for as long as theylive in their home. Seniors have the ability to use their home's currentvalue to qualify with the comfort of knowing that even if their home valueshould decline in the future, their loan proceeds are guaranteed and they cannever be forced to repay more than their home's future value.

1st Reverse is well known as a top tier national reverse mortgagewholesale and retail lender that provides consumer educational resources onreverse mortgage loans through the company's website athttp://www.1stReverse.com or that can be requested directly from the companyat 877-574-1000 (toll-free).

SOURCE 1st Reverse Financial Services, LLC