New American Funding Names Skaggs National Reverse Production Manager

Tustin, Calif.-based New American Funding this week appointed Ellen Skaggs as the Reverse National Production Manager—a position in which she plans to expand the company’s reverse mortgage division nationwide.

A seasoned professional in the mortgage industry, Skaggs has closed more than 3,800 loans over the last 31 years, New American Funding noted in a press release. Over the course of her career, Skaggs has originated a range of loans including, reverse mortgages, Federal Housing Administration, VA and conventional loans.

Skaggs has also been actively involved in the National Aging in Place Council Orange County Chapter, a senior support network founded on helping older adults remain in their homes for as long as possible. She currently serves as chairman of the Orange County Chapter.

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An active speaker, Skaggs holds regular workshops and educates real estate agents on the reverse mortgage process, while maintaining a full pipeline of personal production of reverse mortgages.

“I am happy to be the Reverse National Production Manager,” Skaggs said in a written statement. “I see a great need for reverse mortgages and I am excited to grow this division at New American Funding.”

New American Funding is a Fannie Mae, Freddie Mac and Ginnie Mae Direct Seller/Servicer, FHA Direct Endorsement and VA Automatic mortgage lender. The company is licensed in multiple states nationwide and has over 90 branch locations.

Written by Jason Oliva

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