Reverse Mortgage Lender Joins the SeniorChecked Network

image SeniorChecked announced the addition of iReverse Home Loans, a Subsidiary of Hopkins Federal Savings Bank of Owings Mills, Maryland to the SeniorChecked Network.  According to the website, it’s the first network that authenticates businesses and professionals who serve senior citizens.

"Companies participating in SeniorChecked commit to meeting the highest standards in the marketplace," said Jack Hansan, Co-Founder. "Across the country, the aging population is growing, along with incidents of fraud, scams, and exploitation against seniors. This trend will affect both seniors and their families and the service providers who serve them."

SeniorChecked launched in the Summer of 2008 for providers interested in committing to thorough evaluations, adhering to a strict code of ethics and allowing employees with direct senior contact to undergo an extensive background check.

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iReverse Home Loans Joins the SeniorChecked Network

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  • Nice PR. I hope they are for real. A national certification, non-company sponsored, would be nice. And of course, a background check is a good idea.
    I'm not sure, but I didn't see educational requirements. Lot's of luck, guys.

    • admin and dduck12,

      This is a for profit company that claims to be a lead generator. The cost of a company membership is $175; additional employees can join for $40 per employee. “Professional agents” can join for $125. It does not say if they are lifetime or annual costs.

      Per the website members come from a broad spectrum of businesses. The management team is not small. They claim to have a “rigorous review and verification process” but in comparison to what? They apparently started last year.

      Many people believe that by affiliation or association, their credibility immediately rises. When you consider “The Oprah Effect” as documented by CNBC, there is some truth to that premise.

      It will be interesting to hear about the rate of return on this $175 investment over the next few years.

    • admin and dduck12,

      This is a for profit company that claims to be a lead generator. The cost of a company membership is $175; additional employees can join for $40 per employee. “Professional agents” can join for $125. It does not say if they are lifetime or annual costs.

      Per the website members come from a broad spectrum of businesses. The management team is not small. They claim to have a “rigorous review and verification process” but in comparison to what? They apparently started last year.

      Many people believe that by affiliation or association, their credibility immediately rises. When you consider “The Oprah Effect” as documented by CNBC, there is some truth to that premise.

      It will be interesting to hear about the rate of return on this $175 investment over the next few years.

  • Nice PR. I hope they are for real. A national certification, non-company sponsored, would be nice. And of course, a background check is a good idea. rn I’m not sure, but I didn’t see educational requirements. Lot’s of luck, guys.

  • admin and dduck12,rnrnThis is a for profit company that claims to be a lead generator. The cost of a company membership is $175; additional employees can join for $40 per employee. u201cProfessional agentsu201d can join for $125. It does not say if they are lifetime or annual costs. rnrnPer the website members come from a broad spectrum of businesses. The management team is not small. They claim to have a u201crigorous review and verification processu201d but in comparison to what? They apparently started last year.rnrnMany people believe that by affiliation or association, their credibility immediately rises. When you consider u201cThe Oprah Effectu201d as documented by CNBC, there is some truth to that premise. rnrnIt will be interesting to hear about the rate of return on this $175 investment over the next few years.rn

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