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.
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