RMF Named a Top Workplace Based on Employee Feedback

Reverse Mortgage Funding, LLC (RMF) based in Bloomfield, N.J. has been named as a Top 2021 Workplace by TopWorkplaces.com’s Long Island division, recognition which is derived solely from employee feedback according to an announcement by the company.

“The list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage LLC,” The announcement said of the organization’s methodology. “The anonymous survey uniquely measures 15 culture drivers that are critical to the success of any organization including alignment, execution and connection.”

Top Workplaces’ website is owned by Energage.

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Based in New Jersey and with corporate locations in New York, Michigan and California along with a series of nationwide field offices, this recognition marks the third year in a row that RMF has been recognized as a top workplace in the Long Island, N.Y. area. The dedication the organization aims to have to customer satisfaction also applies to the satisfaction of employees, according to RMF President David Peskin.

“As an organization, we pride ourselves on providing our customers with straightforward guidance and an excellent customer experience,” said Peskin in a statement. “We are equally committed to maintaining a workplace culture where employees feel valued and engaged — they are what makes RMF the company it is today.”

A workplace that properly engages with employee feedback is a pivotal component to maintaining a high degree of satisfaction among employees, Peskin continued, who describes the recognition as “an honor.”

This caps off other recent moves that RMF has been making in the reverse mortgage business. Last week, the company announced that its suite of proprietary Equity Elite reverse mortgage products would be made available to borrowers starting at age 55 in 19 states and the District of Columbia, the youngest age that the American reverse mortgage industry is able to serve.

Earlier this year, RMF announced that it had extended its physical footprint to the state of Hawaii with the opening of a field office in Honolulu on the island of Oahu, and had hired an experienced regional reverse mortgage professional to lead the operation there. The company also announced that it would be simplifying the loan underwriting process by instructing staff to change the order of conversations about assets with borrowers.

According to Home Equity Conversion Mortgage (HECM) endorsement data compiled by Reverse Market Insight (RMI), RMF is the second largest reverse mortgage lender in the country, recording 4,875 loans in the 12-month period ending in July, 2021.

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