Vertical Lend and Financial Freedom Team Up

Vertical Lend, a Melville, N.Y.-based mortgage company that allows financial planners, accountants, tax preparers and insurance agents to participate in originating loans, has teamed up with Financial Freedom Senior Funding Corp., Irvine, Calif., to offer reverse mortgages.Jim Mahoney, chief executive of Financial Freedom, said, "We are very excited about Vertical Lend's entry into the reverse mortgage industry. Their expertise and experience working with seniors will greatly enhance the utilization of these programs." Financial Freedom offers the FHA Home Equity Conversion Mortgage, the Fannie Mae Home Keeper mortgage and its own jumbo product. All 1,800 Vertical Lend members will be able to offer reverse mortgages to their senior citizen clients.

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