Written by Paul Fiore, as originally published in The Reverse Review.

From his favorite movie and his most memorable moment to his thoughts about the reverse mortgage market, we get the facts from Paul Fiore, executive vice president of retail lending at AAG.

Ten years from now I turn 50 and my oldest daughter heads to college. Yikes!

If I were a professional athlete, I would be a baseball player. Baseball was my first love.

My first car was my dad’s 1984 Toyota Supra, which was stolen when I took it into Manhattan without telling him.

My favorite movie is Rocky. It’s about an underdog overcoming the odds and Sylvester Stallone, an Italian, is the star! I’m a sucker for a good underdog story.

I never miss an episode of Better Call Saul. Great show.

Every morning I drive my daughter to school while she jams to Katy Perry, Ariana Grande and Taylor Swift. Sadly, I know every song.

I can’t go without Starbucks, every single morning.

When I was a kid, I was extremely shy and introverted.

I’ll never forget 9/11. It will stay with me forever.

My first job was working in the kitchen of a Kentucky Fried Chicken. Yes, the recipe is top secret.

My parents taught me how to work hard and appreciate everything you have in life. If you want something in life, go get it and don’t wait for it to come to you.

My favorite time of the day is weekend mornings with my family.

I’ve never jumped out of an airplane and I never will.

The best lesson I’ve ever learned was not to take anything for granted. You never know what challenges life will bring you.

The most memorable moment in my life was when we found out we were having our third daughter.

The worst purchase I’ve ever made was our house in New York right before the financial collapse.

The best purchase I’ve ever made was our new home. It truly feels like a place where we can raise our children until they are grown.

If I could trade places with someone for a day, I would choose Derek Jeter.

For success I have sacrificed living close to family.

If I could time travel, I would go back in time. Too many people are so caught up in technology today that we have lost the art of conversation.

 

The biggest challenge in the reverse mortgage industry is changing perception and getting everyone to think outside the box in order to grow the industry.

The future of reverse mortgages is a lot brighter than many people believe it to be. Financial Assessment will be great for the long-term success of our industry.

The greatest setback for our industry was the full-draw, fixed-rate HECM. People forgot how to sell the value of the reverse mortgage and the use of the line of credit.

Industry growth is dependent upon new marketing strategies, product stability and product acceptance from a broader base of seniors. We have to show the long-term value of what a reverse mortgage provides to a large population of seniors.

I would encourage a family member to consider a reverse mortgage because… I already have. My parents took a reverse mortgage three years ago to support their retirement years and they could not be happier.