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Seattle Mortgage Appoints Eastern Correspondent Manager and Division Trainer.

Market Forerunner Adds to Strong Management Team

SEATTLE -- A well-established pioneer of the reverse mortgage industry, Seattle Mortgage Company is pleased to announce the hire of two talented new employees, Douglas J. MacLeod, Eastern Correspondent Manager, and Steven Evans, Reverse Division Trainer.

As Eastern Correspondent Manager, Douglas J. MacLeod will play an active role in developing new business relationships, as well as overseeing current correspondent lending relationships. MacLeod, former National Sales Manager of Radian Guaranty Insurance, has served in several senior-level management positions in addition to working as an independent reverse mortgage consultant. MacLeod's experience brings advantage to the executive team at Seattle Mortgage. His 28 years of experience include positions in marketing, sales, national account management and capital market product development.

Steven Evans joins the Training Department as Reverse Division Trainer. A graduate of the University of Washington, Evans brings with him a BA in Communications. He also has extensive work experience in client relations, leading client training seminars throughout the United States, Canada, and England. He has a proven track record for increasing sales and revenue in his past positions and is a valuable addition to the team.

"We believe these new additions will assist us in maintaining our position at the forefront of the industry. Strong leadership and a solid team drive us as market leaders," says John Nixon, Executive Vice President and Chief Operating Officer.

Seattle Mortgage and its affiliates have been offering reverse mortgages since 1995, serving over 35,000 senior citizens. Founded in 1944 as a mortgage lender, the company is now a leading national lender of reverse mortgages. Composed of Seattle Mortgage, Seattle Savings Bank, Reverse Mortgage of America and other brands, the company operates from 43 branch locations throughout the nation. Named the Best Large Family Business in the Northwest, Seattle Mortgage endeavors to provide customers with affordable financing solutions.

For more information about Seattle Mortgage and reverse mortgages, call 800-233-4601.

About Seattle Financial Group

Seattle Financial Group, a growing network of innovative financial services, is dedicated to constantly meeting the consumer's ever-changing needs. Comprised of Seattle Mortgage, Seattle Savings Bank, Seattle Escrow, Seattle Capital, Reverse Mortgage of America and other brands, the company provides real estate financing, savings products, and associated services for all stages of life. General information about the company can be found at or by calling 800-233-4601.
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Publication:Business Wire
Date:Feb 13, 2007
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