Several mortgage industry veterans with ties to the reverse mortgage market joined corporate consultancy Ainsworth Advisors’ team this month.
Among the new additions to Ainsworth’s panel of consultants are Marc Helm, former Reverse Mortgage Solutions, Inc. president and CEO, former Ginnie Mae president Joseph Murin. Additionally Managing Partner Mitch Kider of Weiner Brodsky Kider PC Washington D.C. has joined Ainsworth; his law firm serves as counsel for the National Reverse Mortgage Lenders Association.
Helm told RMD in an email that he was very excited to join and lend his experience to the Ainsworth team.
“Being a part of a team representing so many successful years and careers in the industry is truly a great experience and bringing that knowledge, experience, and leadership to our industry is like living the dream,” he said. “Our goal is to provide thought-provoking guidance to our industry — helping companies navigate the mine fields, ensure compliance standards, and improve efficiencies while having an ultimate positive effect on the company as a whole and the bottom line.”
Les Parker, an advisor at Ainsworth and a real estate finance expert, told RMD that he expects that Helm — and the others — will be a wonderful resource for reverse mortgage lenders.
“Few know the business better than Marc Helm,” Parker said. “He has a really rich background in reverse mortgages, he knows how to set them up and sell the entities themselves — but he also understands how these mortgages work from the highest level to the details.”
Founded in 2017 by David Lykken and former Texas Capital Bank’s Mortgage Finance Division president Gary Ort, Ainsworth has gathered experts who together have a combined 300 years of experience in the mortgage industry. Parker said Ainsworth’s goal is to bring “tomorrow’s trends to today’s decisions.”
“We know the trends, and we go over the threats and opportunities versus the strengths and weaknesses,” he said. “Executive decision-making considers threats or opportunities 2 or 3 years down the road.”
Different than traditional consultants, Parker said Ainsworth Advisors will offer strategic support.
“We want leaders to feel like they are talking to a peer who knows their business,” Parker said.
Written By Maggie Callahan