US MORTGAGE CORPORATION APPOINTS PERRY SILVERMAN

US MORTGAGE CORPORATION APPOINTS PERRY SILVERMAN

To Run US Mortgage Partners Division and Expand Company Nationwide

Melville, NY – November 17, 2011 – (RealEstateRama) — US Mortgage Corporation (www.usmortgage.com), a leading national Mortgage Banking company specializing in residential mortgages, today announced the appointment of Perry Silverman as Executive Director of Business Development.

Silverman will be responsible for running the company’s US Mortgage Partners division (www.usmcpartners.com), and continually expanding US Mortgage Corporation’s business throughout the country.

“Perry is an experienced Mortgage Broker, with the knowledge and leadership skills necessary to help us continue to grow and recruit nationally,” states Steven A. Milner, Founder & CEO of US Mortgage Corporation.

US Mortgage Partners was created to fill a void in the Mortgage Industry that restricted Branch Managers and Loan Originators from having the freedom they truly needed to drive their own profitability.

“It is about creating a long-term employment opportunity for all types of Loan Originators, Branch Managers, Mortgage Brokers and Mortgage Bankers,” Silverman states.

US Mortgage Corporation, which is currently licensed in 21 states, expects to be licensed in 40 states by the end of 2012, and all 50 states within the next three years. It is continuing to expand rapidly, adding over 50 new loan officers and five new offices nationwide in the past year.

Furthermore, the company recently announced plans to increase its share of the market for Reverse Mortgages, a government insured loan that allows seniors 62 and older to access the existing equity in their home

“I am excited to join US Mortgage Corporation as it continues to significantly expand its operations, offering a full range of mortgage products to consumers throughout the United States,” Silverman states.

Previously, Silverman was president of Mortgages In-Deed Northeast, Inc., based in Westbury, NY. He founded the company in 1991, growing it into one of the largest Mortgage Brokerage companies on Long Island.

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About US Mortgage Corporation: Founded by CEO Steven A. Milner in 1994, US Mortgage Corporation is a leading national Mortgage Banking company specializing in the origination, underwriting and funding of residential mortgages. Melville, NY-based US Mortgage Corporation delivers cost-effective and thoughtful home financing solutions to consumers throughout the country. The company has FHA Full Eagle approval allowing it to act as a FHA Direct Endorsed Lender, as well as USDA Rural Loan Approval and VA Approval. It also operates a fully dedicated Reverse Mortgage division. For more information, visit www.usmortgage.com or www.usmcpartners.com.

Press Contact:
Joshua Greenwald
phone: 212-843-8037

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