Kevin Kaltenbach
Tustin, CA (USA)
Role(s):
American Senior Funding Inc.
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Startup
Location:
Tustin
Industry:
Real Estate
Year Founded:
2005
Number Employees:
INVALID
Description:
We are a mortgage banker that specializes in Reverse mortgages for seniors. The most secure mortgage investment.
According to trade news reports, Wall Street giants Goldman Sachs, Credit Suisse, Bear Stearns and UBS are all exploring possible forays into the reverse mortgage field. Unlike Bank of America, which plans to retain all or most of its production in portfolio, the Wall Street investment bankers would likely securitize their reverse mortgages-pool them and sell them as bonds around the world.
There are 3 partners totaling over 27 years in the industry.
Our operation has steadily grown in several states. We have our own software, where house line and underwrite and fund and sell our own loans. We are one of the top 50 producers in the nation. American Senior funding closed abou