Morales
currently
chairs
the

reverse
mortgage
workgroup
at
the

Mortgage
Industry
Standards
Maintenance
Organization
(MISMO),
a
job
he’s
been
doing
since
July
2024.
He
helped
to
release
the
industry’s
first
standardized
reverse
mortgage
dataset
aimed
at
improving
data
portability
and
workflow
consistency
between
reverse
and
forward
lending.

“It’s
a
tremendous
honor
to
join
NRMLA’s
Board
of
Directors,”
Morales
said
in
a
statement.
“Reverse
mortgages
are
entering
a
new
era
of
modernization,
and
I’m
grateful
for
the
opportunity
to
help
guide
our
industry
forward.
Together,
we
can
broaden
market
access,
strengthen
consumer
protections,
and
encourage
technology
innovation
that
makes
reverse
lending
more
efficient,
transparent
and
mainstream.”

Mortgage
Cadence
CEO
Pedro
Garcia
said
that
Morales’s
experience
and
industry
relationships
make
him
a
strong
addition
to
the
board.

As
a
board
member,
Morales
will
participate
in
efforts
to
advance
policy,
technology
and
operational
standards
that
serve
older
homeowners
and
support
broader
adoption
of
reverse
mortgage
products.

Jim
Cory
of

Guild
Mortgage
and

Mike
Kent
of

Liberty
Reverse
Mortgage
are
co-chairs
of
the
board.
Brett
Dunn
of

Traditional
Mortgage
Acceptance
Corp.
is
the
treasurer.
Elly
Johnson
(All
Reverse
Pro)
and
Robert
Sivori
(CrossCountry
Mortgage)
are
vice
chairs.

Morales
joins
the
following
directors
on
NRMLA’s
2025-2026
board:

Jesse
Allen,

Rate;
Rob
Awalt,

Allegiant
Reverse
Services;
Jeffrey
Baker
and
Carmalon
Batiste,
Traditional
Mortgage
Acceptance
Corp.;
Jennifer
Cosentini,

Cambridge
Credit
Counseling;
Laura
Cullen,

Longbridge
Financial;
Joe
DeMarkey,
CrossCountry
Mortgage;
Christopher
Downey,

The
Federal
Savings
Bank;
Bryan
Faron,

Brean
Capital;
Kevin
Gherardi,

Reverse
Technology
Group.

Jonathan
Haley,

Raymond
James;
Scott
Harmes,

C2
Financial;
Ryan
LaRose,

Celink;
Britany
Luth,

Finance
of
America;
Chris
Mayer,
Longbridge
Financial;
Tina
Meilinger,
Allegiant
Reverse
Services;
Jim
Milano,

McGlinchey
Stafford;
Erik
Morin,

Atlas
VMS;
David
Peskin,

HighTechLending.

Loren
Riddick,

NEXA
Lending;
Jonathan
Scarpati,
Finance
of
America;
Richard
Thorpe,
CrossCountry
Mortgage;
Shain
Urwin,
C2
Financial;
Kari
Van Kleef,

CMG
Financial;
Dan
Ventura,

Fairway
Home
Mortgage;
Tim
Wilkinson,
Longbridge
Financial;
Deborah
Winslow,

Onity
Group/PHH
Mortgage;
and
Jay
Wright,

Bradley
Arant
Boult
Cummings
LLP.