WASHINGTON, DC—McGlinchey Stafford is pleased to announce that Member Jim Milano has been elected to the National Reverse Mortgage Lenders Association (NRMLA) Board of Directors. Members of the board come from various businesses across the reverse mortgage industry and must be nominated and then elected to serve.
As one of the country’s leading lawyers in reverse mortgage law, Jim regularly reviews and designs proprietary reverse mortgage loan programs and advised clients on compliance with Federal Housing Authority (FHA)’s Home Equity Conversion Mortgage (HECM) (program. He also works with lenders, servicers, and settlement service providers, including appraisal management companies, to resolve federal and state regulatory investigations, including defending and settling civil disciplinary enforcement actions.
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