The program is designed to help solve the problem of hunger and isolation of older people who do not leave their homes after a pandemic
BLOOMFIELD, NJ / ACCESSWIRE / June 28, 2021 /Reverse mortgage financing LLC (RMF) is proud to announce its commitment to founding a new company, Meals on Wheels America. Momentum circle… As a donor, RMF will be involved in strengthening the Meals on Wheels network and providing financial support to help older people at risk of food insecurity and exclusion go home. RMF is proud to join forces with Meals on Wheels America and other leading organizations to support our nation’s vulnerable seniors.
Donors Momentum circle Make an annual contribution by providing Meals on Wheels America with the infrastructure, innovative research, programs and critical resources it needs to support the Meals on Wheels network.
“The older community is a vulnerable population, and too many of them are isolated and hungry,” said David Peskin, President of RMF. “RMF shares a commitment to Meals on Wheels for the local communities it serves. Our local lending professionals are active community leaders and volunteers who strive to maintain long-term relationships. RMF is proud to support Meals on Wheels America to provide seniors across the country with nutritious food, human connections and, above all, a sense of community. “
Elderly people who do not leave their homes are at serious risk of food, housing and financial insecurity following the pandemic. As of November 2020, nearly 9 out of 10 (86%) local Meals on Wheels programs report that there are still unmet needs in their communities. Even more alarming, 62% cannot support their current clients without increasing financial support.
“Even before COVID-19 became a global threat, nearly 10 million older people in America were struggling with hunger, 8 million were living in isolation and more than 7 million were living below the poverty line,” said Christine Templin, director of development at Meals on Wheels America. “This is not the time to lose momentum, which is why we are extremely grateful to Reverse Mortgage Funding for its commitment to helping us keep our older neighbors safe, caring for them and never feeling lonely.”
For more information on Meals on Wheels America and their efforts to help vulnerable seniors, visit: www.mealsonwheelsamerica.org
ABOUT DISHES ON THE WHEELS OF AMERICA
Meals on Wheels America is the governing organization supporting more than 5,000 local programs across the country to fight the isolation and hunger of older people. This network serves virtually every community in America and, along with over two million employees and volunteers, provides nutritious meals, friendly visits, and safety checks that enable older people in America to lead fulfilling lives with independence and dignity. By providing funding, guidance, training, research, and support, Meals on Wheels America empowers its local member programs to strengthen their communities, one leader at a time. For more information or to find a food and beverage provider near you, visit www.mealsonwheelsamerica.org…
About Reverse Mortgage Financing LLC
Reverse Mortgage Funding LLC (NMLS ID # 1019941), founded in 2012, is one of the largest national mortgage issuers GNMA and a recognized industry leader. RMF specializes in creating, acquiring, investing and managing reverse mortgage loans and securities backed by reverse mortgages. The company is headquartered in New Jersey with corporate offices in New York and California and field offices throughout the United States. RMF is a subsidiary of Reverse Mortgage Investment Trust Inc. (RMIT), a specialized financial services company in the reverse mortgage sector. In 2020, RMIT became part of Starwood Capital Group, a global private equity firm and innovator in non-agent mortgage lending, helping to grow the industry into the success it is today. This relationship will provide RMF with a unique opportunity to develop new product lines and create strategic partnerships within the Starwood group of companies.
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This material has not been reviewed, approved, or released by HUD, FHA, or any government agency. The Company is not affiliated with and does not act on behalf of or at the direction of HUD / FHA or any other government agency.
A SOURCE: Reverse Mortgage Finance, LLC
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