AAG Named 2019 Top Long Island Workplace by Newsday

November 5, 2019

AAG’s New York Office Honored for Second Consecutive Year

ORANGE, Calif. (Nov. 5, 2019) – American Advisors Group (AAG), the leading provider of home equity solutions for retirement, has been named a 2019 Top Workplace of Long Island by Newsday, a 19-time Pulitzer Prize-winning newspaper serving more than 1.1 million weekly readers. Newsday’s Top Workplace list is based on surveys completed by more than 16,000 employees over 117 workplaces and conducted by third-party research firm, Energage. Employees were asked to rate their employers on topics such as company goals, vision, confidence in leadership and work appreciation.

“It’s an honor to be recognized as a Top Workplace for the second year in a row,” said Jim Montana, vice president of New York sales for AAG. “It’s a tribute to the culture that we’ve created and a reflection of our Melville employees’ willingness to embrace it.”

AAG is committed to building its Caring, Driven and Ethical culture through employee engagement, competitive compensation, and professional development. AAG’s employee engagement program, Project Inspire, hosts appreciation-based social events throughout the year. For the New York office that includes lunchtime bingo, recreational sports teams, employee recognition lunches, and holiday parties.

Through the AAG Foundation, the organization also makes consistent community contributions by empowering employees with volunteer time off, supplying monetary donations, and hosting fundraising events. Volunteers from the AAG New York office recently participated in a community outreach event to supply hand-written greeting cards to local seniors.

For professional development, AAG has an in-house learning and development team, which oversees AAG’s new hire orientation, Lead Empower Act Drive (LEAD) program, and AAG University, a continuing education program that offers training for office program suites, introductions to new products and industry and company updates.

About AAG

AAG, now a division of Finance of America Reverse (FAR), continues its dedication to helping older Americans find new ways to fund a better retirement through the responsible use of home equity. AAG offers a suite of home equity solutions — including Home Equity Conversion Mortgages and proprietary reverse mortgages, that are designed to give seniors a better financial outcome in retirement. Following the asset acquisition of AAG by FAR in April 2023, FAR and AAG together make up one of the largest reverse mortgage companies in the US. The company is licensed nationally (NMLS #2285) and is a proud member of the National Reverse Mortgage Lenders Association (NRMLA). For more information about AAG, please visit www.aag.com.

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AAG/American Advisors Group are divisions of Finance of America Reverse LLC which is licensed nationwide | Equal Housing Opportunity | NMLS ID # 2285 (www.nmlsconsumeraccess.org) | 8023 East 63rd Place, Suite 700 | Tulsa, OK 74133

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©2023 American Advisors Group/AAG are divisions of Finance of America Reverse LLC which is licensed nationwide* | Equal Housing Opportunity | NMLS ID # 2285 (www.nmlsconsumeraccess.org) | 8023 East 63rd Place, Suite 700 | Tulsa, OK 74133 | AZ Mortgage Banker License #0921300 | Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act | Georgia Residential Mortgage Licensee #23647 | Kansas Licensed Mortgage Company | Massachusetts Lender/Broker License MC2285: Finance of America Reverse LLC | Licensed by the N.J. Department of Banking and Insurance | Licensed Mortgage Banker — NYS Banking Department where Finance of America Reverse is known as FAReverse LLC in lieu of true name Finance of America Reverse LLC | Rhode Island Licensed Lender | Not all products and options are available in all states | Terms subject to change without notice | For licensing information go to: www.nmlsconsumeraccess.org

*Finance of America Reverse LLC does not do business as American Advisors Group/AAG in the following jurisdictions: Alaska, Hawaii, Maryland, Nevada, and New York.

FAReverse LLC i/l/t/n Finance of America Reverse LLC is Licensed Mortgage Banker in the State of New York, but this site is not authorized by the New York State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the State of New York can be facilitated through this site.

For Reverse Loans: When the loan is due and payable, some or all of the equity in the property that is the subject of the reverse mortgage no longer belongs to borrowers, who may need to sell the home or otherwise repay the loan with interest from other proceeds. The lender may charge an origination fee, mortgage insurance premium, closing costs and servicing fees (added to the balance of the loan). The balance of the loan grows over time and the lender charges interest on the balance. Borrowers are responsible for paying property taxes, homeowner’s insurance, maintenance, and related taxes (which may be substantial). We do not establish an escrow account for disbursements of these payments. A set-aside account can be set up to pay taxes and insurance and may be required in some cases. Borrowers must occupy home as their primary residence and pay for ongoing maintenance; otherwise the loan becomes due and payable. The loan also becomes due and payable (and the property may be subject to a tax lien, other encumbrance, or foreclosure) when the last borrower, or eligible non-borrowing surviving spouse, dies, sells the home, permanently moves out, defaults on taxes, insurance payments, or maintenance, or does not otherwise comply with the loan terms. Interest is not tax-deductible until the loan is partially or fully repaid.

STATE OF ILLINOIS COMMUNITY REINVESTMENT NOTICE The Department of Financial and Professional Regulation (Department) evaluates our performance in meeting the financial services needs of this community, including the needs of low-income to moderate-income households. The Department takes this evaluation into account when deciding on certain applications submitted by us for approval by the Department. Your involvement is encouraged. You may obtain a copy of our evaluation. You may also submit signed, written comments about our performance in meeting community financial services needs to the Department. V2023.05.18

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