AAG’s Mullins Takes New Reverse Mortgage Leadership Role at RMS

Former American Advisors Group (AAG) executive Christopher Mullins has joined Reverse Mortgage Solutions, Inc. as the company’s new President, RMS confirmed to RMD via email.

Mullins, who was most recently chief operating officer at AAG from June 2009 to April 2015, joins RMS with twenty years of diverse, hands-on management experience in the financial services industry. His career expertise has included oversight of information technology, national mortgage operations, secondary marketing, credit policy and servicing operations.

Alongside AAG Chief Executive Officer Reza Jahangiri, Mullins was influential in recruiting the key leadership that would help grow the fledgling company’s sales division back in 2009.

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Prior to AAG, from March 2007 to November 2008, Mullins served as executive vice president of national operations for World Alliance Financial Corp., a member of the KBC Group.

Mullins arrives at RMS four months after former company President and CEO Scott Clarke announced his retirement in June. Since then, and prior to the addition of Mullins, RMS Executive Vice President Ken Frye has served as the company’s interim President.

RMS could not be reached to comment as of press time.

Written by Jason Oliva

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  • RMS is in difficult times. They need industry proven management; perhaps Mr Mullins will help turn the situation around.

    It is clear that a much needed shake up has taken place both in the executive management at Walter and now at RMS. But is this sufficient?

    One thing Mr. Mullins will not face is any further write down of reverse mortgage goodwill or unsettled charges of illegal transactions. He has a clean slate that needs a lot of attention. Let us hope he will be able to turn the situation around before the end of this decade.

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