STOP AMERICAN ADVISORS FORECLOSURE
About American Advisors
American Advisors Group is the top lender in the American reverse mortgage industry, licensed to operate in 48 states. The company provides government-insured Home Equity Conversion Mortgage (HECM) loans and has 81 geographical areas approved for business by HUD.
American Advisors Group was founded in 2004 by Reza Jahangiri, president and chief executive officer. In June 2009 the company received a capital-infusion commitment from private-equity firm JAM Equity Partners of El Segundo, California, an investment said to give AAG "the resources needed to compete on a national level with a celebrity spokesperson and [to] build a recognizable brand." At the same time, the company announced it had brought in "a new management team" from Liberty Reverse Mortgage/Genworth and the Senior Lending Network. Jahangiri told Reverse Mortgage Daily that the company would be "sticking with retail" rather than moving to other aspects of the business.
AAG completed its first Home Mortgage-Backed Security (HMBS) issuance in July 2013, after receiving approval from Ginnie Mae, in a program said to be "an essential financial solution for a growing number of senior citizens.". The company was named as the leading HMBS issuer for the first half of 2015, according to NewView Advisors, LLC.
Foreclosure Prevention Options
Because many American Advisor customers are in a reverse mortgage, the typical foreclosure prevention options may not apply. However, it is still possible to find your self in foreclosure due to past due taxes, insurance, and HOA dues. This can be critical for a customer in a reverse mortgage scenario as a foreclosure due to something like past due taxes could have life altering effects on the homeowner.
Keep Your Keys
Keep Your Keys is highly experienced in helping homeowners stop foreclosure. We have a thorough understanding of the products American Advisors Group offers as well as their internal processes to get them approved and completed. With our 5 star reviews and exceptional customer service you would be hard pressed to find a better partner. Leave your checkbook at home and contact us today for a no cost, no obligation, appointment to get started.