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Aug 14, 2007

NRMLA elects new board of directorsMortgagePress.comReverse mortgages The board of directors of the National Reverse Mortgage Lenders Association (NRMLA) has elected Joe DeMarkey of BNY Mortgage Company and Bart Johnson of Financial Freedom as co-chairs of the association for the next 12 months. Joe DeMarkey is director of corporate development at BNY (an Everbank Company) with more than nine years of experience in the reverse mortgage industry. Bart Johnson is president of Financial Freedom, a subsidiary of IndyMac Bank FSB, based in Irvine, Calif. DeMarkey and Johnson succeed Sarah Hulbert of BNY Mortgage in Renton, Wash. and Jim Mahoney, chairman of Financial Freedom in Irvine, Calif., who served as co-chairs for the past three years. In addition to DeMarkey and Johnson, the board of directors elected Patrick McEnerney of MortgageIT as vice chairman; Dean Jones of SCME Mortgage Bankers Inc. as secretary; and Dan Ryan of Farwest Mortgage Bankers Inc. as treasurer. In addition to the new leadership, the following individuals were elected to one-year terms on the NRMLA board of directors: Sarah Hulbert of BNY Mortgage, Jim Mahoney of Financial Freedom, David Levitt of Circle Mortgage Corporation, Bob Sivori of BNY Mortgage, Vanessa White of BNY Mortgage, Scott Norman of Financial Freedom, Jeff Taylor of Wells Fargo Home Mortgage, Diane Coats of Wells Fargo Home Mortgage, Cheryl Chapin McNally of Wells Fargo Home Mortgage, John Myers of Financial Heritage, John Nixon of Seattle Mortgage Company, David Peskin of Vertical Lend Inc, d/b/a Lender Lead Solutions, Mark Browning of Community Home Equity Conversion Corporation, Nick Buscaglia of M&T Bank, David Carey of Fannie Mae, Tony Garcia of LibertyStreet Financial Group, Steve Irwin of Financial, David Levitt of Circle Mortgage Corporation and Shawna James of MortgageIT. This year, the following five members of NRMLA were elected to the board of directors for the first time: Charlie Jones of Seattle Mortgage Company, Dan Osterhout of Cambridge Senior Capital LLC, Kevin Murphy of Kastle Mortgage Corporation and Barry Scoles of 1st Reverse Mortgage USA. For more information, visit www.reversemortgage.org.
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Aug 14, 2007
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