NRMLA Elects Vertical Lend CEO David Peskin to Board
Senior Educational Innovator to Join Premier Reverse Mortgage Group

New York, Apr. 1 – Vertical Lend, the trusted mortgage partner of choice for financial professionals, is proud to announce that CEO David Peskin has been elected to the Board of Directors of the National Reverse Mortgage Lenders' Association (NRMLA).
"I'm honored to have been named to NRMLA's board," said Peskin. "I hope to be able to use my new position to build senior awareness and education about the powerful financial benefits of reverse mortgages."

As the official voice of the reverse mortgage industry, NRMLA is responsible for representing the industry's interests in Congress while promoting reverse mortgage education. As a new member of the board, Peskin will serve a unique role in helping to improve all aspects of the reverse mortgage process from the standpoint of lenders and consumers. Some of the board's current projects include:

• The passage of the "Reverse Mortgages To Help America's Seniors Act," which would remove the cap on the number of reverse mortgage that the Department of Housing and Urban Development (HUD) can insure.
• Working directly with HUD and other agencies to improve reverse mortgage counseling
• Promoting reverse mortgages in conjunction with the National Council on the Aging

Through its network of financial professionals, Vertical Lend is one of the market leaders in the reverse mortgage industry.

About Vertical Lend
Vertical Lend is the trusted partner of choice for leading financial professionals seeking to better serve their clients, and diversify their practices by offering a comprehensive range of residential mortgage products. Established in 1999, Vertical Lend and its retail division, Mortgage Warehouse, have closed over $2.0 billion in loans. With over 2,000 associates throughout the U.S., Vertical Lend's unique platform allows accountants, financial planners, tax preparers and insurance agents to originate mortgages under its turnkey business model.

About NRMLA
Established in December 1997, NRMLA is a national trade association for firms that originate, service, and invest in reverse mortgages. Its members make and service more than 90 percent of all reverse mortgages in the U.S. As the official voice of the reverse mortgage industry in Washington, D.C., NRMLA represents the interests of its members before Congress and the key officials at HUD.

Media Inquiries:
Stefanie Hayes
Vertical Lend
(877) 692-7762 ext 689
shayes@verticallend.com