Maintains Continued Leadership Position While Funding Highest Volume of Retail Loans in Company History
Orange, Calif. (November 5, 2014) – American Advisors Group, the national leader in reverse mortgage lending, today announced the company funded its highest volume of retail reverse mortgage loans in October. The news comes on the tail of this week’s Top 100 HECM Lenders report for October 2014, stating AAG endorsements at 1,208 loans last month, a 15% increase from September.
AAG has also realized significant growth in wholesale loan fundings, with a 62% increase since February of this year.
“We are very pleased to see sustained, upward momentum in AAG loan funding and endorsement activities,” said AAG CEO Reza Jahangiri. He continued, “The results further reinforce AAG’s key differentiators—our scaled, multi-channel sales platform, unparalleled brand recognition, and our associates’ commitment to delivering excellent customer service for seniors who have worked so hard to age in place. I’m very proud of the efforts of the entire organization to continually raise the bar on our performance.”
About American Advisors Group
AAG is a leader in the reverse mortgage industry (featuring National Spokesperson, Senator Fred Thompson), setting as its prime mission to attain the highest level of customer satisfaction and to help seniors improve their lives. The drive for innovation and excellence, as well as the commitment to quality customer service, has led AAG to be among the top reverse mortgage originators in the country.
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