Guild Mortgage’s Jim Cory Elected Co-Chair of National Reverse Mortgage Lenders Association (NRMLA)

San Diego – November 25, 2024 – Guild Mortgage’s (NYSE: GHLD) Managing Director of Reverse, Jim Cory, has been named the 2024-2025 Co-Chair of the National Reverse Mortgage Lenders Association (NRMLA).

NRMLA is the national voice of the reverse mortgage industry, serving as an educational resource, policy advocate, and public affairs center for lenders and related professionals. NRMLA was established in 1997 to enhance the professionalism of the reverse mortgage business. Cory has been a member of the board of directors since January 2010 and most recently served on the board as vice chair.

“There is a lot of excitement and fresh thinking as we look to kick off NRMLA efforts for 2025, and so much of that for me will be focused around moving the needle from an industry perspective,” said Cory. “At Guild Mortgage we’re increasingly focusing our reverse mortgage efforts on educating and collaborating with our traditional mortgage side and I’m looking to bring that same approach to NRMLA, exploring how we can increase the inter-industry outreach and collaboration that can take our industry to the next level.”

An industry veteran with nearly three decades of experience in the reverse space, Cory is a Certified Reverse Mortgage Professional (CRMP) and has held several leadership positions with reverse mortgage companies, including Legacy Reverse Mortgage, Open Mortgage, Cherry Creek Mortgage and his current role with Guild Mortgage. He will serve alongside co-chair Mike Kent, senior vice president of reverse asset management and industry relations at PHH Mortgage Corp.