AAG Taps Industry Vet Scott Slifer as Chief Administrative Officer

September 21, 2022

Irvine, Calif. (March 17, 2022) – American Advisors Group (AAG), a national leader in home equity solutions for seniors, today announced Scott Slifer as their new Chief Administrative Officer. Part of AAG’s 2022 growth and expansion plan, the move is the latest in a series of high-profile leadership acquisitions. As Chief Administrative Officer, Slifer will be leading AAG’s National Field Sales, Wholesale and Business Development organizations.

“Scott is a financial services industry veteran, bringing over 30 years of experience and deep domain and business acumen in the strategic industry verticals of banking, lending, insurance and customer experience,” said Ed Robinson AAG President and Chief Operating Officer. “We’re confident leaders like Scott will help take AAG to the next level.”

Slifer was previously at USAA serving its members as General Manager Real Estate Lending and Vice President of Real Estate Production and Distribution. Within two years, he led the organization to achieve a top nationwide ranking for both the Origination and Servicing experiences by delivering omni-channel user technology capabilities and increasing member product deepening.

Prior to joining USAA, Slifer was the CEO at Sutherland’s Financial Services Group where he developed a new vision and strategy for global mortgage production, fulfillment, and sub-servicing across three international geographies and in support of more than 1,100 employees. He excelled in leveraging digital/process transformation, analytics and design thinking to improve the client member experience. Prior to joining Sutherland, Slifer was President, PHH Mortgage’s Private Label Solutions.

“Throughout my career, I’ve been passionate about leading teams who develop new and different ways to satisfy customers,” stated Slifer. “I can’t think of a more deserving demographic to help than seniors, and I’m looking forward to helping to facilitate a better way to retire.”

Slifer earned a Mechanical Engineering degree from Bucknell University and holds the Certified Mortgage Banker designation from the Mortgage Banking Association.

About AAG

AAG, now a division of Finance of America Reverse (FAR), continues its dedication to helping older Americans find new ways to fund a better retirement through the responsible use of home equity. AAG offers a suite of home equity solutions — including Home Equity Conversion Mortgages and proprietary mortgages, that are designed to give seniors a better financial outcome in retirement. By coming together in April 2023, FAR and AAG make up the #1 reverse mortgage company in the US. The company is licensed nationally and is a proud member of the National Reverse Mortgage Lenders Association (NRMLA). For more information about AAG, please visit www.aag.com.

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AAG/American Advisors Group are divisions of Finance of America Reverse LLC which is licensed nationwide | Equal Housing Opportunity | NMLS ID # 2285 (www.nmlsconsumeraccess.org) | 8023 East 63rd Place, Suite 700 | Tulsa, OK 74133

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©2023 American Advisors Group/AAG are divisions of Finance of America Reverse LLC which is licensed nationwide* | Equal Housing Opportunity | NMLS ID # 2285 (www.nmlsconsumeraccess.org) | 8023 East 63rd Place, Suite 700 | Tulsa, OK 74133 | AZ Mortgage Banker License #0921300 | Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act | Georgia Residential Mortgage Licensee #23647 | Kansas Licensed Mortgage Company | Massachusetts Lender/Broker License MC2285: Finance of America Reverse LLC | Licensed by the N.J. Department of Banking and Insurance | Licensed Mortgage Banker — NYS Banking Department where Finance of America Reverse is known as FAReverse LLC in lieu of true name Finance of America Reverse LLC | Rhode Island Licensed Lender | Not all products and options are available in all states | Terms subject to change without notice | For licensing information go to: www.nmlsconsumeraccess.org

*Finance of America Reverse LLC does not do business as American Advisors Group/AAG in any jurisdictions except Arizona, Arkansas, Kansas, Missouri, New Mexico, Puerto Rico, and Wyoming.

FAReverse LLC i/l/t/n Finance of America Reverse LLC is Licensed Mortgage Banker in the State of New York, but this site is not authorized by the New York State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the State of New York can be facilitated through this site.

For Reverse Loans: When the loan is due and payable, some or all of the equity in the property that is the subject of the reverse mortgage no longer belongs to borrowers, who may need to sell the home or otherwise repay the loan with interest from other proceeds. The lender may charge an origination fee, mortgage insurance premium, closing costs and servicing fees (added to the balance of the loan). The balance of the loan grows over time and the lender charges interest on the balance. Borrowers are responsible for paying property taxes, homeowner’s insurance, maintenance, and related taxes (which may be substantial). We do not establish an escrow account for disbursements of these payments. A set-aside account can be set up to pay taxes and insurance and may be required in some cases. Borrowers must occupy home as their primary residence and pay for ongoing maintenance; otherwise the loan becomes due and payable. The loan also becomes due and payable (and the property may be subject to a tax lien, other encumbrance, or foreclosure) when the last borrower, or eligible non-borrowing surviving spouse, dies, sells the home, permanently moves out, defaults on taxes, insurance payments, or maintenance, or does not otherwise comply with the loan terms. Interest is not tax-deductible until the loan is partially or fully repaid.

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