September 19, 2017 8:56 PM ET

Thrifts and Mortgage Finance

Company Overview of 1st Reverse Mortgage USA

Company Overview

1st Reverse Mortgage USA offers reverse mortgage services for senior home owners. The company engages in originating, processing, underwriting, and closing reverse mortgages. It operates through a network of banks and credit unions representing branch locations, mortgage brokers, and retail branch locations. The company educates senior home owners; financial professionals, such as real estate agents, wealth managers or financial planners, insurance agents, and legal and accounting professionals; and business professionals about reverse mortgages. The company was incorporated in 2007 and is based in Lakewood, Colorado. 1st Reverse Mortgage USA operates as a subsidiary of Cherry Creek Mortgage...

3609 South Wadsworth Boulevard

Suite 101

Lakewood, CO 80235

United States

Founded in 2007

Phone:

303-854-3035

Fax:

303-989-1895

Key Executives for 1st Reverse Mortgage USA

Vice President
Director of Business Development
Director of Marketing & Communications
Compensation as of Fiscal Year 2017.

1st Reverse Mortgage USA Key Developments

1st Reverse Mortgage USA Promotes Jeff Ausman to Director of Business Development

1st Reverse Mortgage USA announced that Jeff Ausman has been promoted to the post of Director of Business Development, effective immediately. In his new role, Ausman will be responsible for leading the recruitment and development of traditional forward loan officers to the division's expanding forward business channel 1st Mortgage Solutions USA. Additionally, Ausman will oversee the continued growth and expansion of the 1st Mortgage Outsource Platform developed for banks and credit unions.

1st Reverse Mortgage USA® Appoints Dale Jones as Director of Marketing and Communications

1st Reverse Mortgage USA® announced the appointment of Dale Jones as Director of Marketing and Communications. Jones' communications career includes more than 20 years experience developing and implementing marketing and communication strategies. Most recently, he served as the Executive Director of Marketing and Communications for Semester at Sea (SAS), where he was responsible for setting and implementing marketing, communication, advertising and promotions strategies for the organization. Both domestically and internationally, he has developed major branding and image campaigns, created enterprise-wide integrated marketing strategies, established core competencies, and restaged business units.

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Recent Private Companies Transactions

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