This week 1st Reverse Financial Services announced that it has hired two new executives to help expand their growing wholesale lending business.  Jack McGovern will be their Southwestern Regional Director of Correspondent Lending and Jamie Longe will serve as the Northeastern Regional Director under the direction of Jeanette Heller, 1^st Reverse’s First Vice President.

“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 1^st Reverse,” said Ralph Rosynek, President of 1^st Reverse.

Before joining 1st Reverse, McGovern worked for Financial Freedom and was also responsible for the management and marketing activities for Generation Mortgage’s Client Education Center.  McGovern will work with 1^st Reverse Correspondents in the southwestern region of the country; one of 1^st Reverse’s most active region for new correspondents.

Longe who has over 15 years of mortgage industry experience will help grow the company’s business in the Northeastern region.  Longe spent over 13 years in correspondent lending with CitiMortgage and most recently, IndyMac Bank, where he had a proven track record of growing territories for both companies in the Northeast and Midwest.