Reverse Mortgage Industry Group Elects New Board, Recognizes Longtime Members

The National Reverse Mortgage Lenders Association’s (NRMLA) Annual Meeting and Expo concluded on Thursday, culminating an eventful program with a business meeting to elect its board of directors for the 2023 term.

NRMLA President Steve Irwin, CEO Peter Bell, co-chairs Mike Kent and Scott Norman, and members of the Executive Committee, including Joe DeMarkey, will discuss the state of the industry, recently concluded conferences, and long-term reverse • Discussed mortgage awareness. An industry expert, Haber in Braintree, Massachusetts, his mortgage he is also an advocate for George Downey of Solutions.

Co-Chair Scott Norman told reverse mortgage experts they should engage with industry groups, including participating in person, saying that the current business environment is one in which experts from all walks of life have their say on key industry issues. He said that he provided the opportunity to state the

Kent added that the association has many policy proposals and program findings that it shares with leaders of the U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA). Talking about the scope of the association, DeMarkey said that while it has a relatively small staff, it also has a consistent commitment to the broader industry shared by everyone in the organization.

Chris Downey accepted the award on George’s behalf at the event. (Photo by Chris Crowe)

One notable absence from the list of 26 members after part of the business ended was that of George Downey, a consistent member and industry advocate since at least 2009. . Although Downey was not present in person, the Executive Committee presented the Lifetime Achievement Award to his son and colleague, Christopher, Mr. Downey, President of His Mortgages, Solutions, Inc.

“I would like to thank my current board and nominating committee for recommending me for this role,” he said. “I hope to continue to represent the NRMLA Board as George and others have done.”

Downey also said his longtime partner was important to his and their company’s endeavors, and expressed a message from his father about the recognition he received for winning the award.

“At George’s request, I wanted Brett Kirkpatrick to be properly recognized,” he said. “George was very concerned about this, and in all of the legislative work that has ever been done, they acted together as a team.” and has absolutely helped me achieve great success.

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