National Mortgage News - "SLN Bets Television Can Fuel Reverse Market"
Senior Lending Network, a program of World Alliance Financial Corp. and one of the country's largest retail and wholesale reverse mortgage companies, is bullish about its market niche and the benefits of television as a marketing tool.
Long Island Business News - "Two Minutes with David Peskin"
The chief executive of Melville-based Senior Lending Network, the third-largest reverse mortgage lender in the country, shared his views on the blossoming industry and the impact of the housing and credit crises on the type of lending.
The Reverse Mortgage Report - "Lender Drops HECM 150 Loans as Fannie Mae Cut Back"
Senior Lending Network, program of World Alliance Finacial, will continue to offer the HECM 175 and HECM 200 products. According to Mary M. Feder, vice president of public relations, CMT loans comprise only about 20% of Senior Lending Network's volume as the company is more focused on LIBOR-based loans.
The Reverse Mortgage Report - "Senior Lending Network Approved in Vermont"
Senior Lending Network was approved to originate reverse mortgages in Vermont, said company CEO David Peskin. This allows the company to produce in 39 states.
Bloomberg News - "Lender Says Bill May Increase Reverse Mortgages"
David Peskin, chief executive officer of Senior Lending Network, expects the new comprehensive housing bill to spark interest in reverse mortgages. Peskin feels it will also benefit seniors who wouldn't have qualified before or who have a much bigger economic benefit in taking out the loan.
Long Island Business News - "Ones to Watch: Retirement & Estate Planning"
David Peskin, chief executive office of Senior Lending Network, was higly ranked on Long Island's "Ones to Watch" list as he leads his reverse mortgage company and gets involved in a variety of philanthropic endeavors.
American Banker - "With IndyMac on Block, Many See 'Reverse' Opportunity"
After the Federal Deposit Insurance Corp.'s seizure of IndyMac Bank, David Peskin, chief executive officer, comments on the future of IndyMac and believes there is a possibility to sell it in pieces rather than as one large corporate entity.
The Reverse Mortgage Report - "Lender Lead Solutions Changes Name"
World Alliance Financial changes its wholesale reverse mortgage lending company's name to Senior Lending Network
Mortgage Originator - "Giving Back: Lender Lead Solutions Gives to Seniors"
Senior Lending Network, formerly known as Lender Lead Solutions and a program of World Alliance Financial Corp., recently partnered with Rebuilding Together New Orleans and the National Association of Home Builders to renovate a home severly damaged by Hurricane Katrina.
Scotsman Guide - "Helping Hands"
This past April, 10 employees from World Alliance Financial Corp.'s Michigan Sales Office joined Christmas in Action of Oakland County to repair the Waterford homes of two seniors.
Daily Herald - "Reverse mortgages promise seniors cash, but advisers urge caution"
Chief Executive Office David Peskin feels it is a conflict of interest to sell reverse mortgages along with annuities or long-term care insurance, and World Alliance Financial Corp. will not deal with brokers who do so.
Housing Wire - "Lender Lead Solutions to Capitalize on Senior Lending Network Brand"
David Peskin, CEO, Senior Lending Network, believes Senior Lending Network more appropriately describes the company's products and will be a great boost for their partners.
National Mortgage News - "Reverse Lender Changes Name"
Lender Lead Solutions is changing its name to Senior Lending Network, the name more commonly known to the public from its consumer education campaign.
Mortgage Orb - "Lender Lead Solutions to Become Senior Lending Network"
Senior Lending Network is one of the most recognizable names in the reverse mortgage industry and is becoming a household name as reverse mortgages gain in popularity.
100% Mortgages - "Reverse mortgages to grow by 30 to 40 percent next year"
An 81-year-old received a reverse mortgage from World Alliance Financial Corp., and now he is able to travel and set up college trust funds for his grandnieces and grandnephews.
Seattle Post-Intelligencer - "Seniors turn to reverse mortgages: Loans can help to pay for higher bills and luxuries
A retiree from Miami Beach, FL is taking a cruise to Alaska that he says would have not been possible without his reverse mortgage from World Alliance Financial Corp.
Asbury Park Press - "Advancing with reverse mortgages: Loans promise seniors tax-free cash"
If the current credit crisis eases World Alliance Financial Corp. CEO David Peskin expects the reverse mortgage market to grow by 30 to 40 percent during the next year.
Boker Magazine - "Talking about Helping Seniors"
Kenny Peskin, Chief Strategy Officer of Senior Lending Network, served as a panelist on the First MBA Reverse Mortgage Conference and spoke on the reverse mortgage product and helping seniors.
Bloomberg - "Reverse Mortgages Promise Seniors Cash, Advisers Urge Caution"
World Alliance Financial CEO, David Peskin, expects the reverse mortgage market to grow by 30 to 40 percent over the next year. As an expert in the field, Mr. Peskin is trying to change the perception of the loans from a last resort to products that make financial sense for certain senior homeowners.
Daily Journal of Commerce - "NAHB helps rebuild damaged home"
The Senior Lending Network supported the community service project, which served as the organization's kick-off for its Senior Independent Living Month.
Dolan Media Company - "NAHB helps rebuild damaged home in New Orleans"
Actor Robert Wagner made a special appearance in New Orleans recently as the National Association of Home Builders and the Senior Lending Network, of which Wagner is spokesman, joined together with Rebuilding Together New Orleans to renovate a home severely damaged by Hurrican Katrina.
Justice for New Orleans - "NAHB, Senior Lending Network Work With Rebuilding Together New Orleans to Rebuild Damaged Home"
Volunteer crews from the Senior Lending Network, NAHB and Rebuilding Together New Orleans retrofit the home with universal design and green features.
The Oakland Press - "Many area volunteers support Christmas in Action"
Employees from World Alliance Financial Corp. donated their time and effort to support this great cause and they are more than willing to continue to sponsor the program in the future.
Rolling Rains Report - "One Post-Katrina New Orleans Home to be Retrofitted with Universal Design, Green Features"
The National Home Builders Association and the Senior Lending Network are joining forces with Rebuilding Together New Orleans to rebuild a home damaged by Hurricane Katrina.
Detroit Free Press - "Quick-thinking employee's call reaches out for help"
A World Alliance Financial loan officer, Matt Pitters, saved a distressed woman's life by calling 911 during a routine sales call.
Long Island Business News - "World Alliance expands to Michigan"
Newsday - "Loan officer saves woman"
When Matt Pitters, a loan officer for World Alliance Financial, heard a woman say "Help me" during a phone conversation he called 911 and had an ambulance sent to her house to save her life.
Mortgagedaily.com - "New Breed of Wholesalers: Wholesale lender program updates"
Lender Lead Solutions announced it expanded its wholesale staff to handle more mortgage brokers who originate reverse mortgages.
Troy Eccentric Observer - "Governor to appear for donation to club"
Michigan Governor Jennifer Granholm will be in attendance as CEO David Peskin presents a check for $5,000 to the Boys & Girls Club of Troy. World Alliance Financial will be holding a press conference and check presentation Wednesday April 16th showcasing their Troy headquarters.
Inside Mortgage Technology - "Lender Lead Solutions has appointed David Cook vice president of sales for its western wholesale division"
Origination News - "International Parent Helps Firm Expand Options"
World Alliance Financial offers more than just HECM loans. According to David Peskin, there are reverse mortgage needs outside of what HECMs can offer.
Mortgagedaily.com - "Wholesale Mortgage Activity"
Reverse wholesaler Lender Lead Solutions announced it has improved reverse lending education available for mortgage brokers.
March 11, 2008
MortgageOrb - "Lender Lead Solutions Enhances LLS University Programs"
March 10, 2008
Newsday - "People on the Move"
Gina Monopoli has been named account manager for the Northeast wholesale division of Lender Lead Solutions.
March 1, 2008
American Banker - "Reverse Mortgages Move Into the Mainstream"
Reverse mortgages are inreasingly enticing seniors in want of additional income. Otherwise known as home-equity conversion mortgages, reverse mortgages are on a steep growth curve.
March 2008
Mortgage Technology - "Braving Uncharted Space: Reverse Mortgages"
CEO David Peskin points out that advances in reverse mortgage technology benefits the consumer so that they become knowledgeable enough to make a decision.
Long Island Business News -"Melville Reverse Mortgage Lender Expands"
Lender Lead Solutions, a division of World Alliance Financial Corp. hired 11 new employees in an effort to expand its wholesale presence nationwide.
Secondary Marketing Executive - "Lender Lead Solutions has named David Cook vice president of sales for the western wholesale division"
Mortgage Banking - "David Cook has been named vice president of sales for the Western Wholesale Division of Melville, New York-bases Lender Lead Solutions"
February 28, 2008
MBA NewsLink - "Lender Lead Solutions Adds Wholesale Platform Team"
February 20, 2008
IT Business Net - "Lender Lead Solutions Builds Nationwide Wholesale Platform"
February 21, 2008
American Banker Pipeline – “Reverse Course�
A growing number of financial companies are moving into reverse mortgages. KBC Group NV is a new player in the reverse mortgage industry with the acquisition of World Alliance Financial.
February 15, 2008
Long Island Business News – "Adrian Prieto was named vice president of sales at Lender Lead Solutions"
February 12, 2008
MBA NewsLink – “Cook Joins Lender Lead Solutions’ Wholesale Reverse Mortgage�
David Cook is appointed vice president of sales for the Western Wholesale Division
February 6, 2008
Real Estate Technology News – “Reverse mortgage service, tech provider hires VP of sales�
Lender Lead Solutions announces David Cook vice president of sales. David Cook comes to us as the former regional vice president for Financial Freedom with more than 40 years of experience in the mortgage industry.
February 5, 2008
Globest.com - "World Alliance Financial Renews, Expands to 51,000 SF"
February 4, 2008
National Mortgage News – "Lender Lead Solutions named Kirk O'Conner director of sales for the Northeastern region"
February 2008
Mortgage Originator – “Moving Forward In Reverse: The Growing Demand for Reverse Mortgages�
75 million baby boomers will turn 62 over the next 20 years, this opens up a huge market for Reverse Mortgage loans. David Peskin, CEO of World Alliance Financial, explains that reverse mortgages are sometimes a complicated product to explain, this is why Robert Wagner is a great spokesperson to help educate seniors on the product.
National Mortgage Broker - "The Time is Now: Establishing a Reverse Mortgage Business"
David Peskin reveals hints and tips on starting a reverse mortgage business from the ground up.
January 11, 2008
Mortgagedaily.com – “Mortgage Leads Marketplace: Recent mortgage lead activity�
Mortgagedaily.com – “Broker Programs Flourish: Recent wholesale lender program activity.�
How Reverse Mortgage companies are increasing their offerings, and how broker programs, Lender Lead Solutions in particular, are taking off. It cites the newly released Fixed HECM as one of those expanded offerings.
January 9, 2008
MortgageOrb.com – “Lender Lead Solutions Offer Fixed-Rate HECM Reverse Mortgage”
Lender Lead Solutions announces its first fixed-rate Reverse Mortgage: the Fixed HECM.
January 2, 2008
National Mortgage News – “Vertical Lend Changes Name”
Vertical Lend announces its name change to World Alliance Financial Corp.
American Banker – “New Name for Vertical Lend”
Regarding the name change to World Alliance Financial Corp., and the deletion of the Mortgage Warehouse retail brand.
ReverseMortgageDaily.com - “LLS introduces LIBOR 85”
Lender Lead Solutions is the first lender to release a LIBOR-based Reverse Mortgage product, known as the Flex Margin Advantage suite of products. Discusses the expansion of the product line via the LIBOR 85, which pays a premium to brokers and increased liquidity to consumers.
