AAG Names Ed Robinson President and Chief Operating Officer

January 24, 2022

Irvine, Calif. (Jan. 25, 2021) –American Advisors Group (AAG), a national leader in home equity solutions, today announced Ed Robinson as their new President and Chief Operating Officer. The move is the latest phase in a series of high-profile leadership acquisitions as part of AAG’s 2022 growth and expansion plan. Robinson, a seasoned mortgage industry executive and U.S. Army veteran, will be responsible for the day-to-day operations of AAG, including managing the P&L and key initiatives focused on optimizing the customer experience.

“Ed is a purpose-driven leader with deep mortgage industry experience who brings a fresh perspective that will help take AAG to the next level,” said AAG Founder & CEO Reza Jahangiri. “Ed’s commitment to taking care of our customers and driving operational excellence make him a perfect fit for the AAG culture.”

Robinson joined AAG in August 2021 as Acting President & COO. He brings more than 30 years of combined professional and military leadership experience, most recently serving as COO of Genesis Financial Solutions. Robinson also served as Senior Vice President of Real Estate and Mortgage at USAA, Head of Mortgage at Fifth Third Bank, Senior Vice President, Servicing Operations at PHH Corporation, and Vice President of Operations at Genworth US Mortgage Insurance (formerly GE Financial Assurance).

“I’m excited to join AAG because of our shared mission and values, and our passion to delight customers,” stated Robinson. “I’m eager to help AAG grow efficiently and effectively while continuing to make AAG a great place to work that always puts our customers first.”

Robinson earned a Bachelor of Business Administration degree from Temple University and a Master of Business Administration degree from the University of North Carolina at Chapel Hill. He served for 17 years in the U.S. Army, as a Team Leader, Operator: Special Operations.

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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