BRAINTREE, NORWELL AND WEYMOUTH, MA… George Downey, CRMP, founder of Braintree-based Harbor Mortgage Solutions and a 40-year industry professional in the Massachusetts real estate and residential mortgage business, has been recognized by the National Reverse Mortgage Lenders Association (NRMLA) with a distinguished service award. The firm’s president, Chris Downey, George’s son, has been elected to the Board of Directors for the 2023 term.
George Downey, a Certified Reverse Mortgage Professional and a longtime reverse mortgage industry advocate, previously served on the Board of Directors of the NRMLA and has been a consistent member of the reverse mortgage trade organization for 13 years. He was recognized by the NRMLA’s executive committee during their Annual Meeting and Expo in early November.
Downey worked as a team with Brett Kirkpatrick, his longtime partner at Harbor, promoting legislative reform for Massachusetts senior homeowners over the years. Downey has authored numerous articles on issues related to senior financing and reverse mortgage. His specialty is consulting to professional advisers and homeowners on home equity or “housing wealth” as an important and valuable resource to improve financial planning and extend retirement security. He is a frequent guest speaker on radio shows and public forums promoting senior education and best practices for reverse mortgages and retirement planning.
Previously, Downey served 13 years on the board of the Massachusetts Mortgage Association and was an education member of the Massachusetts Chapter of the National Academy of Elder Law Attorneys. He has been a longtime activist in community service, including on Emeriti Board of Directors of the Greater Boston Food Bank and as Past President of the Boston College Alumni Association Board of Directors. He was a co-founder and Board Chair of Christmas in April*Boston (renamed Rebuilding Together® Boston), a charity that repairs and refurbishes the homes of low-income families and senior homeowners in the Greater Boston area. In 2003, he received the Massachusetts Point of Light Award, which recognized his role in developing the Rebuilding Together Boston program in Massachusetts. He is a resident of Weymouth, MA.
“I’m truly honored to receive the NRMLA’s recognition and proud to have had the opportunity to serve on the Board,” said Downey. “I’d also like to credit my longtime colleague and partner Brett Kirkpatrick, who has been instrumental in many of our company’s efforts and diligently worked with me on many legislative issues.”
Chris Downey, president of Harbor Mortgage Solutions, has been elected to the NMRLA Board of Directors for the 2023 term. Chris Downey has been with the firm for over 35 years and succeeded his father as president in 2004. He oversees conventional mortgage activities at Harbor, as well as the general management of the firm.
Chris Downey, who is a resident of Norwell, MA has also been an active volunteer in community service programs, including Big Brothers Big Sisters, the Greater Boston Food Bank, Second Helping, and Rebuilding Together® Boston (formerly Christmas In April * Boston).
“I’d like to thank the NRMLA executive committee and I look forward to representing the NRMLA and continuing the legacy of my father,” said Chris Downey.
About Harbor Mortgage
Harbor Mortgage Solutions, Inc. is a family-owned, residential mortgage company serving Massachusetts and Rhode Island. Recognized as a leading housing wealth management authority, Harbor Mortgage is dedicated to serving the unique home financing and often complex needs of senior homeowners, while also promoting those needs among consumers, professional advisors, state legislators and industry regulators.
Harbor Mortgage (NMLS #2846, MA-MB2846, and RI 20041821LB) is located in Braintree, MA. For more information, contact 781-843-5553 or visit HarborMortgage.com.