Julie McMillin Lee has been promoted to president of NewDay Financial's reverse mortgage division, where she will manage the direction of the unit as well as the selection and training of originators.
“As the reverse mortgage industry continues to make a positive difference in the lives of seniors we are very pleased that Julie will continue to lead NewDay in its efforts to provide the highest level of service,” said Rob Posner, CEO of NewDay Financial. “She has been instrumental in establishing and expanding our reverse division, allowing the company to help many senior homeowners reach their financial goals.”
Lee began her career at NewDay in 2002 as an account executive, and after several promotions was selected to lead the company's Maryland retail division in 2007. In 2009, she helped to create the reverse mortgage division.
Paul Alger, president of NewDay Financial, said, “Our management team believes that investing in our employees enables us to attract, train and retain some of the most talented mortgage professionals in the industry. Julie is a prime example of the loyalty our company and its employees share for one another.”
