Tom Elder

Tom Elder

Financial Institutions Underwriter at All Risks, Ltd

Washington D.C. Metro Area

Current
Past
  • Reverse Mortgage Consultant at MetLife Home Loans, A Division of MetLife Bank, N.A.
  • Owner at The Elder Mortgage Team
  • Sales Manager at Novastar Financial, Inc.
Connections
120 connections
Industry
Insurance

Tom Elder’s Summary

Tom Elder trusted 10 year veteran of the mortgage banking industry makes a move to working with All Risks, LTD, a leading Mid- Atlantic insurance wholesaler, to bring insurance agents a viable cost effective solution for their institutional lending clients to insure their REO and force placed portfolio needs.

Snapshot of Accomplishments:
- Underwriter/Financial Institutions with All Risks, LTD.
- Nearly a decade of mortgage lending experience.
- Recognized authority figure within the mortgage
industry.
- Former Industry Consultant and Trainer.
- He has coached and trained hundreds of loan officers on
ethical lending and sales practices.
- Former Commercial Mortgage Specialist
- Former Reverse Mortgage Consultant with fortune 50
company.
- Active voluntary board member on Baltimore Art and Music
Project , a local non profit organization working with
children and young adults using arts and music as its
vehicle for change. Tom serves as Finance and Marketing
advisor.

Tom Elder’s Specialties:

Foreclosure and Lender Placed Property Insurance for
residential, manufactured, commercial, and vacant land.
Program Features:
Simple Website Administration
Admitted and non-admitted available.
Flexible customized programs offering variety of limits, deductibles and coverage options.
Monthly itemized billing.
Premium earned on a daily prorated basis.
Special Coverage.
Retro Rating Plans.


Tom Elder’s Experience

  • Underwriter - Financial Institutions

    All Risks, Ltd

    (Privately Held; Insurance industry)

    April 2009Present (4 months)

    I am an Insurance Underwriter within the National Specialty Programs Unit focused on Financial Institutions needing Lender Placed and REO insurance coverages. We work directly with the bank's agents nationwide.

    "For REO, All Risks is the place agents go!"

  • Reverse Mortgage Consultant

    MetLife Home Loans, A Division of MetLife Bank, N.A.

    (Banking industry)

    August 2008May 2009 (10 months)

  • Owner

    The Elder Mortgage Team

    (Commercial Real Estate industry)

    August 2006July 2008 (2 years)

  • Sales Manager

    Novastar Financial, Inc.

    (Banking industry)

    20012004 (3 years)

  • Sales Manager

    NovaStar Mortgage

    (Public Company; 1001-5000 employees; NFI; Financial Services industry)

    20012004 (3 years)


Additional Information

Tom Elder’s Groups:

Member of National Association Of Reverse Mortgage Lenders (NRMLA)

  •    American Red Cross
  •    Plaxo.com
  •    Guerrilla Marketing Tips for Small Businesses
  •    eMarketing Association Network
  •    Leading International Open Networkers (LION)
  •    Society of Financial Service Professionals
  •    Wholesaler Connect
  •    Global Insurance Professionals
  •    Real Estate Owned / REO Professionals
  •    Global Insurance Network
  •    Novastar Mortgage Alumni
  •    StreetLinks National Appraisal Services
  •    Risk, Regulation & Reporting
  •    BestLinked

Tom Elder’s Contact Settings

Interested In:

  • career opportunities
  • consulting offers
  • new ventures
  • job inquiries
  • expertise requests
  • business deals
  • reference requests
  • getting back in touch

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