Tuesday, November 4, 2008

Arizona News Press Release

Here is a valley business story that you need to cover!


Press Release:


In a meeting like no other in the nation, over 220 seniors are attend a continuing education session with their mortgage company. American Mortgage Group, Inc. , a local mortgage banker in Arizona for over 8 years with Joni Dee with Hall Ewing is conducting its free bi-annual meeting this Saturday in Sun City West for their existing customers, and like all of their meetings this one is going to be very well attended. This meeting is specifically on estate and tax issues with a guest speaker, James Veale, CPA consultant for NRMLA (The National Reverse Mortgage Lenders Association), national presenter, from Los Angeles, California. The Second topic is how do I use my Local, State and Federal Senior Benefits. Marc Katz’s organization “Hearts of Joy Senior Care Inc.”, is the answer. This meeting is simply educational, and the seniors share their needs and all in attendance hear the opportunity on how to receive senior benefits. All attendees have a free lunch, free education and learn more on the reverse mortgage plan and on Senior entitlements that are available to them from the Government. Hall Ewing, the host of this meeting said, “Of course these seniors are excited about their reverse mortgages, over 93% of all seniors are pleased with their reverse mortgages, we just try every day to push that number to 100%”.





Staff writers, reporters, and film crews are welcome to come and see how a mortgage customer should be treated. To request an invitation call Hall Ewing at 602-741-9420






Story:


In an economy where most homeowners with mortgages never hear from their lender unless it is a late payment notice, local company American Mortgage Group, Inc.’s Reverse Mortgage Division holds two meetings a year to keep homeowners up to date on reverse mortgage news, tax issues, and any new benefits for their estates. This meeting is not to sell the seniors a new product, it is simply seniors coming together to learn more about the loan product that they already have. This is a free meeting, with lunch served, and lots of discussion time for seniors to share their positive experiences with their reverse mortgages. Over 220 seniors have reserved places at this bi-annual meeting to be held in Sun City West, at the Sun City West Foundation, November 8, 2008 from 9:00 a.m. to 1:00 p.m. with lunch provided. Meetings like this are unheard of in the mortgage industry.


You can describe the problem in the mortgage loan industry in America in one phrase, “Lack of Professionalism”. The lack of professionalism in the lending industry is the exact reason why mortgage brokers would even consider offering some of the products that have plagued the mortgage loan industry over the last 10 years. Lack of professionalism is exactly why a mortgage broker would sell you a product and then never have contact with the customer again. Mortgages are a long term commitment by the bank and the consumer. Historically that created a working relationship that lasted the life of the loan. Now, however, with the master servicing companies, and banks selling paper back and forth to each other, that relationship no longer exists, except here in the valley. Hall Ewing, is one of the nations top lenders in the reverse mortgage industry. His individual loans are ranked in the state of Arizona, behind only the combined efforts of the employees of Bank of America and Wells Fargo. Hall's success is proof that professionalism and service pays off in the end.


Why in the world would over 220 seniors attend a meeting on a reverse mortgage meeting when they already have a reverse mortgage? According to Hall, these seniors are excited about their reverse mortgages. In his own words, “Of course these seniors are excited about their reverse mortgages, over 93% of all seniors are pleased with their reverse mortgages, we just try every day to push that number to 100%”. The 93% approval rating is from an AARP poll of seniors with reverse mortgages. Compared to the approval ratings of traditional equity loans, reverse mortgages are three times as high. More information on Reverse Mortgages Division of American Mortgage Group, Inc. by calling 623-214-6663.