Beth Paterson a Reverse Mortgage Expert, is Executive Vice President of Reverse Mortgages SIDAC. Ms. Paterson started her reverse mortgage career in 1999 as a Senior Loan Advisor then progressing to a branch manager with one of the largest Reverse Mortgage companies in the industry before creating “Reverse Mortgages SIDAC,” now a division of Greenleaf Financial, LLC.
Ms. Paterson is the author two books including "Understanding Reverse Mortgages," written to help educate & simplify information on Reverse Mortgages.
With her years in the industry & known for her expertise in the field, she has been consulted for & quoted in numerous articles including the Star Tribune, Pioneer Press, Finance & Commerce, as well as appeared on local television. To help educate on the facts of reverse mortgages she has published a newsletter & a blog, http://wp.me/P4EUZQ-z9, which has received national recognition.
Ms. Paterson has presented to various care giving, community & professional groups including the Minneapolis & St. Paul Senior Workers Associations, Life Underwriter Training Counsel (LUTC), & All District Legal CLE. Ms. Paterson served as a panelist for the Financing Long-Term Care in the 21st Century Conference co-sponsored by the Center on Aging, University of Minnesota & Minnesota Department of Human Services.
With the 2009 proposed Minnesota legislation, Ms. Paterson testified at all the hearings, met with the Assistant Attorney General & legislators, & provided proposed amendments to not restrict the reverse mortgage lenders. She was instrumental in the bill being vetoed to protect seniors & not have a negative impact on the reverse mortgage industry.
In 2012 Ms. Paterson was appointed by Lt. Governor Prettner Solon to serve on the MN initiative, Own Your Future, an initiative between MN & the federal Department of Health & Human Services to help Minnesotans plan for future long-term care needs.