1st Reverse Financial Services, a subsidiary of Wilmington Savings Fund Society, FSB (WSFS Bank), continues to expand its retail presence in the reverse mortgage marketplace with the addition of Tim Linger as Mid-Atlantic Retail Sales Manager. The addition of Linger comes just a few days after 1st Reverse hired Robert Wallace to head their retail operations out east.

Over the past two months, 1st Reverse has grown over 70% through key retail management additions along with its successful recruiting program.  “Our emphasis on support, training and a ‘concierge’ level of service for our customers is attracting some of the reverse mortgage industry’s top talent” said Ralph Rosynek, President of 1^st Reverse.  “Even with this significant increase in our retail presence, our programmed growth plans include additional retail reverse mortgage originators in many areas throughout the nation; including the West and Southwest” said Rosynek.

Linger has15 years of experience working with seniors and spent the last 8 in the reverse mortgage business.  Prior to joining 1st Reverse, Linger was the retail sales manager for the Southeast and Capitol Regions of Financial Freedom Senior Funding Corporation. 

“Tim Linger has a proven track record of recruiting, training, and mentoring a strong successful reverse mortgage sales force”, said David Cesario, Executive Vice President of Sales and Marketing for 1^st Reverse. “Tim had set many reverse mortgage sales records with his former employer and we feel fortunate to add someone with Tim’s tremendous experience to our management team.”