Member News
Who’s Who in Reverse Mortgage
Celink Receives Positive Rating From Moody’s Celink received an affirmed SQ2 (above average) assessment as a reverse mortgage servicer from Moody’s Investor Service. Moody’s highlighted Celink’s strong performance in foreclosure, real estate owned and U.S. Department of Housing and Urban Development claims management. Celink also received an above-average assessment in loan administration, call center performance, annual occupancy verification and maturity event moni- toring. The evaluation noted targeted investments that continue to be made by the company toward enhancing the borrower experience and portfo- lio performance via Celink’s borrower portal and interactive voice response system. “Moody’s rating is confirmation that our emphasis on continuous improvement ensures the ongoing quality of our service and the supportive technology we’ve built to achieve our mission,” said Marion McDougall, Celink’s CEO, in a news release. (A question-and- answer article with McDougall begins on page 10.) Norman Becomes CEO of TMBA Scott Norman, a major figure in the reverse mort- gage industry for almost three decades, took on a new role as CEO of the Texas Mortgage Bankers Association (TMBA) in May 2024. Norman, based in Austin, TX, most recently served as vice pres- ident of field retail and government relations at Finance of America Reverse for over ten years and has been co-chairman of NRMLA since November 2018. Norman resigned from NRMLA’s Executive
Committee but will serve out his current term on NRMLA’s Board of Directors through the end of September 2024. “This is a special industry, with incredibly gifted people, and being the co-chair- man of NRMLA has been one of the highlights of my professional life,” Norman said in a release. “While I may be leaving the reverse space, I’m not leaving the arena. In my new role with the TMBA, I will con- tinue to follow and support NRMLA at every turn.” Pravettone Joins Atlas as Chief Appraiser Appraisal management company Atlas VMS of Miami, FL, hired Joe Pravettone as its chief appraiser. Pravettone served as chief appraiser at American Advisors Group from 2017 to 2022. He held positions at Prime Choice Funding and True Footage before joining Atlas VMS in April 2024. “I am thrilled to join Atlas VMS and contribute to its continued success,” Pravettone said in a news release. “I look forward to working closely with the talented team at Atlas VMS to elevate our appraisal management services and create value for our clients.” Congratulations to New CRMPs NRMLA congratulates the following individuals for earning the CRMP designation: • John Fagan, CrossCountry Mortgage, San Diego, CA; • Donald E Parsons Jr., CrossCountry Mortgage, Newport Beach, CA; and • Paul J. Scobee, CrossCountry Mortgage, Seattle, WA.
34 REVERSE MORTGAGE / SEPTEMBER-OCTOBER 2024
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