Joe DeMarkey, director of corporate development at BNY Mortgage Co., and Bart Johnson, president of Financial Freedom, have been elected co-chairs of the National Reverse Mortgage Lenders Association.The pair succeed Sarah Hulbert of BNY and Jim Mahoney of Financial Freedom, who have served as co-chairs for the past three years. BNY is a leading producer of federally insured reverse mortgages based in Renton, Wash., and Financial Freedom, a subsidiary of IndyMac Bank FSB, is the largest producer and servicer of reverse mortgages in the United States, NRMLA reported. The association can be found online at http://www.reversemortgage.org.
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