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Subprime Lending

Senior Lending Network Launches Site to Provide Financial Advice on Reverses

By James Comtois

MELVILLE, NY--As a means of providing a tool for seniors to learn the ins and outs of reverse mortgages and other financial products, Senior Lending Network here has launched a new website to provide information and guidance on issues important to members of the senior community.

The My Senior Lending Network website, http://www.mysln.com, complements the Senior Lending Network television campaign educating consumers about reverse mortgages. The site offers additional financial information and relevant news for seniors.

Consumers responding to the Senior Lending Network television campaigns can access the website for comprehensive insights on reverse mortgages, other financial products, housing options, long-term care and legal matters.

"My Senior Lending Network embraces the thriving lifestyle of today's seniors," said David Peskin, chief executive of Senior Lending Network. "With My Senior Lending Network, seniors have access to additional insights on reverse mortgages and financial planning. That knowledge is complemented by other pertinent information."

Ron Roel, a writer and editor specializing in retirement and real estate issues, is editor for the site. Mr. Roel is a former editor of New York Newsday's Act II retirement planning and real estate sections. During nearly 20 years at Newsday, he held positions ranging from special writer covering workplace issues to deputy national editor, receiving several journalism awards.

"As seniors live longer, more active lives, they need quality information to help guide them through their later years," said Mr. Roel. "We're providing tools to help them forge their way."

Steven Stern, an attorney specializing in senior legal issues, is serving as legal editor. Mr. Stern is a partner with the law firm of Davidow, Davidow, Siegel & Stern LLP and concentrates in the areas of elder law, estate planning, guardianships, business succession planning and long-term care.

He is a member of the Suffolk County N.Y., Legislature and is chairman of the veterans and seniors committee and the vice chairman of the health and human services committee as well as a speaker on elder law issues and has addressed many local and national groups.

"I'm glad to have a way to share my years of experience to help seniors anticipate and plan for their financial and quality of life needs," said Mr. Stern.

"Our research suggests there is a need within the senior community for an online resource. This website answers that need," Mr. Peskin added.

The Senior Lending Network was founded in 2003 to help educate consumers about the important benefits of reverse mortgages.

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