AAG Prepares to Scale Field Sales with Key Organizational Changes

As the company eyes scalability and growth to address rising consumer demand, American Advisors Group (AAG) has made two key changes to its alternative distribution division for 2021. The company has hired William “Bill” Zielke as Vice President of National Field Sales for the East and Central U.S., and named Scott Harkless Vice President of […]

Reverse Mortgage Retail, Wholesale Volume See Similar Drops in November

Home Equity Conversion Mortgage (HECM) endorsements fell by 9.4% in the month of November 2020, for a total of 3,390 loans according to the latest HECM Originators report from Reverse Market Insight (RMI). The fall comes in the midst of generally heightened reverse mortgage industry activity that has been taking place over the past few […]

Look Out for These 4 Reverse Mortgage Industry Trends in 2021

Now that we’ve all opened presents and sang our renditions of “Auld Lang Syne,” it’s time to get back to work. The reverse mortgage industry is on the cusp of another eventful year in 2021 because of a lot of different components including changes to the Home Equity Conversion Mortgage (HECM) lending limit, a new […]

AAG’s Reza Jahangiri Reflects on 2020, and Looks Ahead to the New Year

As the founder and CEO of reverse mortgage industry leader American Advisors Group (AAG), Reza Jahangiri has a singularly unique and holistic perspective on the past, present and future of the reverse mortgage arena. From a leadership perspective, looking back at what helped shape the direction of the industry in 2020 also helps to mold […]

Reverse Mortgage Volume Dips Led by Wholesale in October

Home Equity Conversion Mortgage (HECM) endorsements fell by 4.6% in the month of October 2020, for a total of 3,741 loans according to the latest HECM Originators report from Reverse Market Insight (RMI). The fall comes in the midst of generally heightened reverse mortgage industry activity that has been taking place over the past few […]