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Orange, Calif. (October 31, 2016) – American Advisors Group (AAG), the leading reverse mortgage lender in the nation, named industry sales veteran Jesse Allen as the company’s Senior Vice President of National Field Sales.
Allen was responsible for running Bank of America’s reverse mortgage line of business, one of the largest reverse mortgage platforms in the history of the industry during its time. His most recent position was as SVP of Sales Enablement and Execution for Bank of America’s home loans retail sales division. In this role, he was accountable for developing and growing B2B relationships and volume with builders and realtors. He also drove the division’s strategic change initiatives and had oversight of new hire onboarding as well as learning and development.
“It’s a privilege to join the AAG team and engage in the important work of helping seniors thoughtfully access home equity to achieve their retirement goals,” said Allen. He continued, “I’m excited to help enhance our industry-leading platform, extend our reach and serve even more customers.”
Allen’s breadth and depth of expertise in banking, reverse mortgage lending and sales management positions him well for his new role at AAG. “Our strategic vision has always been to grow AAG’s national field sales channel and we’re proud to demonstrate our commitment by investing in someone of Jesse’s caliber to build out the organization,” stated Reza Jahangiri, AAG chief executive officer.
AAG leads the reverse mortgage lending market by volume, year-to-date through September 2016, with 8,033 HECM endorsements. This is more than two and a half times the loan volume of any other lender in the space.
About American Advisors Group
American Advisors Group (AAG) is the nation’s leader in reverse mortgage lending. We are dedicated to helping American seniors convert a portion of their home equity, a largely untapped asset, to help fund their retirement needs.
AAG holds an A+ rating by the Better Business Bureau, has a 96% customer satisfaction rating and is a proud member of the National Reverse Mortgage Lenders Association (NRMLA). To learn more about American Advisors Group and reverse mortgage loans, please visit the company’s website at www.aag.com, on Facebook and on Twitter.
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