"Morales currently chairs the reverse mortgage workgroup at the Mortgage Industry Standards Maintenance Organization (MISMO), a job he's been doing since July 2024. He helped to release the industry's first standardized reverse mortgage dataset aimed at improving data portability and workflow consistency between reverse and forward lending."
"It's a tremendous honor to join NRMLA's Board of Directors, Morales said in a statement. Reverse mortgages are entering a new era of modernization, and I'm grateful for the opportunity to help guide our industry forward. Together, we can broaden market access, strengthen consumer protections, and encourage technology innovation that makes reverse lending more efficient, transparent and mainstream."
"Mortgage Cadence CEO Pedro Garcia said that Morales's experience and industry relationships make him a strong addition to the board. As a board member, Morales will participate in efforts to advance policy, technology and operational standards that serve older homeowners and support broader adoption of reverse mortgage products."
George Morales chairs the reverse mortgage workgroup at the Mortgage Industry Standards Maintenance Organization (MISMO) since July 2024 and helped release the industry's first standardized reverse mortgage dataset to improve data portability and workflow consistency between reverse and forward lending. Morales joined the National Reverse Mortgage Lenders Association (NRMLA) Board of Directors to advance modernization, broaden market access, strengthen consumer protections, and promote technology innovation for more efficient, transparent reverse lending. Mortgage Cadence CEO Pedro Garcia highlighted Morales's relevant experience and relationships. As a board member, Morales will work on policy, technology, and operational standards serving older homeowners and supporting broader adoption of reverse mortgage products.
Read at www.housingwire.com
Unable to calculate read time
Collection
[
|
...
]