Finance Articles

New York University Tabs The Reverse Mortgage Center?s President Russell J. Fishkind to Teach Premiere Reverse Mortgage Training Class

Eatontown, NJ (PRWEB) July 19, 2007 -- The Reverse Mortgage Center, LLC® is proud to announce that Russell J. Fishkind, President and C.E.O. of The Reverse Mortgage Center, has been selected by New York University?s School of Continuing and Professional studies, to teach the inaugural Reverse Mortgage Training Program. Students who complete the 6 hour course will earn an NYU Reverse Mortgage Broker Certificate of Completion.

This class explores in detail the current and projected senior demographics, the lack of adequate retirement funds for over 13,000,000 seniors, and why the FHA reverse mortgage is becoming a mainstream planning tool.

Course highlights include interviews with both government and industry executives, hands-on knowledge of how to compute principal limit amounts, current and new product designs, and how to utilize a reverse mortgage in retirement, estate and income tax planning. Topics include:

* Aging in place.

* Seniors' concerns and issues.

* Independent counseling.

* HECM and HECM100

* Proprietary reverse mortgage products.

* Estate and income tax strategies.

* Congressional acts and legislative history.

* Fannie Mae and Ginnie Mae.

* Ethics in the senior marketplace.

* Long term care insurance.

About The Reverse Mortgage Center, LLC®

A team of legal, tax, real estate and financial professionals pooled their expertise to develop a comprehensive reverse mortgage education and lending program to present consumers and brokers with fair and balanced information and service. Safeguarding the consumer?s financial well-being and the reputation of our participating mortgage brokers is of paramount importance. Our knowledgeable staff of loan correspondents and management team will explain the benefits of a reverse mortgage, assess you or your client?s need for a reverse mortgage, and provide step-by-step guidance through the application process. Therefore, The Reverse Mortgage Center, LLC® provides each prospective client and broker with a dedicated loan correspondent to ensure your full understanding of reverse mortgages. For more information call 1-866-784-9111 or visit our website at www.thereversemortgagecenter.net.

Media Contact:

Patrick Melillo

The Reverse Mortgage Center, LLC

6 Industrial Way West

Building F - Second Floor

Eatontown, NJ 07724

(732) 542-9400 Office

(848) 466-0628 Cell

###

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