Connecticut Lender Adds Marino to Lead Reverse Mortgage Business

NewImage.jpgTotal Mortgage Services announced it has added Donna Marino as Reverse Mortgage Specialist to lead and expand its dedicated reverse mortgage business.

“With over 18 percent of the American population at least 60 years of age, and that segment projected to grow, we believe it is the right time to expand our reverse mortgage program to help seniors, as well as key family members and advisors, clearly understand the implications of this important financial decision,” said John Walsh, President of Total Mortgage.

Marino brings over fourteen years of experience in the mortgage industry and more than four years directly involved with reverse mortgages said a statement.  Prior to joining Total Mortgage, she held direct-to consumer mortgage lending positions at Campbell Mortgage, Mortgage Solutions, and CT Mortgage.

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According to the company, Marino will oversee a team of highly trained reverse mortgage specialists who are able to work with senior homeowners to answer questions and concerns and help guide them into the right reverse mortgage program that fits their long-term needs

“We are extremely pleased to have someone of Donna’s experience and leadership ability join the Total Mortgage team,” said Mr. Walsh. “Donna clearly understands the importance of providing relevant information to seniors who are interested in reverse mortgages, while allowing them ample time and space to make decisions that are in the best interest of their overall financial well-being.”

Data from the US Department of Housing and Urban Development shows they endorsed one loan in 2009 and none so far during 2010.

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