America's Senior, which specializes in reverse mortgages, has hired Elly Shea as a senior vice president.

Ms. Shea will run the company's reverse mortgage processing and closing departments, and will supervise its correspondent network.

Reverse mortgages let senior citizens tap equity from their homes to pay living expenses. Ms. Shea, a longtime advocate of the product, was most recently southeast correspondent manager for TransAmerica HomeFirst.

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