Jahangiri recognized as a mortgage industry “mover and shaker” for third consecutive year
ORANGE, Calif. (March 20, 2018) – American Advisors Group (AAG), the leading reverse mortgage lender in the nation, today formally announced that its CEO, Reza Jahangiri, has been named to Mortgage Professional America (MPA) magazine’s “Hot 100 2018” list. This is the third year in a row that Jahangiri has made the list, and the sixth year that MPA has recognized today’s most “influential mortgage professionals,” selecting 100 for the “hot list” who are having the biggest impact on America’s mortgage industry. MPA considers these individuals the “movers and shakers” in the industry.
“It’s an honor to make the MPA Hot 100 list again and to be recognized alongside so many forward-thinking, innovative and influential mortgage industry professionals,” said AAG Chief Executive Officer Reza Jahangiri. “As an industry, it’s clear that we have to think beyond existing products and be willing and committed to innovation, which will ultimately benefit consumers.”
Under Jahangiri, AAG has been the number one reverse mortgage originator since 2013. At the National Reverse Mortgage Industry Association annual conference in 2017, Jahangiri called on the reverse mortgage industry to join AAG in addressing America’s retirement crisis by transforming their business models and reinventing the way seniors fund retirement. AAG is doing this by transforming from a single-product company into a home equity solutions provider, recently announcing its expansion into traditional mortgages and residential services.
MPA asked the mortgage community to nominate major power players who were standing above the crowd and stated that “The year – filled with tragedies and victories, historical natural disasters and social shake-ups – disrupted industries of all shapes and sizes. Yet, the mortgage industry remains strong heading into 2018 – and that’s due in large part to the men and women on this year’s Hot 100 list.” MPA’s 2018 Hot 100 list was featured in the magazine’s February issue. To view the complete list, go to: MPA Hot 100 2018.
AAG is dedicated to helping older Americans find new ways to fund a better retirement through the responsible use of home equity. As the nation’s leader in reverse mortgage lending, AAG offers a suite of home equity solutions – including federally-insured Home Equity Conversion Mortgages, traditional and proprietary mortgages, and real estate services – that are designed to give seniors a better financial outcome in retirement.
AAG is a proud member of the National Reverse Mortgage Lenders Association (NRMLA). To learn more about AAG and reverse mortgage loans, please visit the company’s website at www.aag.com.
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American Advisors Group, NMLS #9392, 3800 W. Chapman Avenue, Orange CA 92868