US Mortgage Corporation Appoints Industry Veteran Kelly Sabino to Lead Reverse Mortgage Division

MELVILLE, N.Y., Oct. 25, 2011 /PRNewswire/ -- US Mortgage Corporation (www.usmortgage.com), a leading national banking company specializing in residential mortgages, today announced the appointment of Kelly Sabino as Director of its Reverse Mortgage division.

A reverse mortgage is a government insured loan that allows seniors 62 and older to access the existing equity in their home, relieving the burden of mortgage payments throughout their retirement years.  

"Our Reverse Mortgage division provides clients with unparalleled service, combined with proprietary educational tools, to assist them in fully understanding this innovative product," states Steven A. Milner, Founder and CEO of US Mortgage Corporation.  "Kelly's expertise in the area, along with his strong management skills, will help us grow the division and capture a greater share of this exciting market."

Sabino most recently held the position of Reverse Mortgage Sales Manager at the New York office of brokerage Mortgages In-Deed, where he built and managed the company's sales team. In addition to managing Mortgages In-Deed's 12 loan officers, Sabino developed a successful 15-person outgoing consumer direct call center.  He also developed key relationships with the country's largest reverse lenders, including the Senior Lending Network, Financial Freedom, JB Nutter, MetLife and Genworth, among others.  

"US Mortgage Corporation is at the forefront of the reverse mortgage industry," Sabino stated. "With seniors comprising the largest and fastest growing segment of the total U.S. population, and 80 percent of them owning their homes, interest in reverse mortgages will continue to grow steadily for years to come."

About US Mortgage Corporation: Founded by CEO Steven A. Milner in 1994, US Mortgage Corporation is a leading national banking company specializing in the origination, underwriting and servicing of residential mortgages.  Melville, NY-based US Mortgage Corporation delivers cost-effective, custom-designed solutions via full-service and sales branch offices throughout the country.  The company has FHA Full Eagle approval allowing it to act as a FHA Direct Endorsed Lender, as well as USDA Rural Loan Approval and VA Approval.  It also operates a fully dedicated Reverse Mortgage division.  For more information, visit www.usmortgage.com.

US Mortgage Corporation is not affiliated with U.S. Mortgage Corporation, a mortgage broker based in Milwaukee, WI.

Rubenstein Public Relations
Contact: Joshua Greenwald
212-843-8037; [email protected]

SOURCE US Mortgage Corporation

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