New York-based multichannel lender US Mortgage Corporation is expanding its efforts in the reverse mortgage space, illustrating its focus on growth. The company recently hired reverse mortgage industry veteran Ken Krajewski to serve as its managing director and head of reverse mortgage lending.

The expansion of US Mortgage’s dedicated reverse lending division, which has been in the business for more than a decade, follows on other recent trends that have seen more forward mortgage companies entertain the addition or expansion of reverse mortgage products to their suite of offerings.

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