Southfield, Michigan-based 1st Nations Reverse Mortgage announced this week that the company has hired industry veteran Ken Krajewski as head of reverse mortgage lending. The company, which offers reverse mortgages through both wholesale and retail channels is a division of Midwest Loan Solutions.
“The addition of passionate and highly qualified reverse mortgage specialists to their team, such as Ken Krajewski, continues to strengthen 1st Nations Reverse customer loyalty and exceed expectations,” the company said in a press release announcing the addition of Krajewski.
Krajewski brings more than 20 years of reverse mortgage experience both in wholesale and retail lending. He has most recently held the role of Managing Director and Head of Reverse Mortgage Lending for CIBC Bank-US, and has also previously held positions as an area sales manager with both MetLife and Wells Fargo. He is co-chair of the HUD Issues Committee and is a member of the State and Local Issues Committee under the National Reverse Mortgage Lenders Association.
Midwest Loan Solutions has closed 62 reverse mortgages in the last 12 months as of March 2020, according to data compiled by Reverse Market Insight.