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SUMMARY:NRMLA Webinar: Understanding POAs\, Trusts\, Conservatorships and Life Estates
DESCRIPTION:Join us for a very special webinar that will address your most pressing questions related to Powers of Attorney\, Trusts\, Conservatorships and Life Estates. \nDate and Time: Tuesday\, May 20\, at 2:00 pm ET. The webinar will last up to 90 minutes.\nRegistration: A registration fee of $20 will be charged for members; $25 for non-members. \nPresenters: Our special guest will be attorney Paul Lovegrove\, Executive Vice President at Senior Settlement Services\, Smithtown\, NY\, who represents lenders\, buyers\, and sellers in residential and commercial transactions\, with an emphasis on Reverse Mortgages. \nLovegrove will be joined by Chris Downey\, HECM Senior Vice President at The Federal Savings Bank and Co-Chair of NRMLA’s Education Committee. \nThis webinar has been approved for one “advanced” CRMP credit. \nRegistration instructions: \n\nLogin to NRMLAonline.org with your username and password. If you don’t know your username and password\, please get in touch with Darryl Hicks\, VP of Communications\, at dhicks@nrmla.com for assistance.\nOnce logged in\, click the Register Now link (look for the orange box in the upper right column) and follow the registration prompts.\n\nWe look forward to your participation. \nSpeaker Bios\nPaul N. Lovegrove\, Esq. is a highly regarded legal professional who has represented lenders for over 40 years. With a profound dedication to the legal intricacies of the reverse mortgage industry\, Paul has become a leading figure known for his expertise\, innovation\, and commitment to advancing the field. As a partner at Senior Settlement Services\, a respected title and settlement company\, he has left an indelible mark on the reverse mortgage industry across the United States. \nPaul has represented reverse mortgage companies at closings\, ensuring smooth transactions and adherence to industry standards. Paul’s influence extends beyond representation. He was the first to assert the permissibility of irrevocable trusts in the context of reverse mortgages\, a stance that has since become widely accepted throughout the industry. His groundbreaking work has provided clarity and guidance on complex legal matters related to trusts and solar agreements. Paul has also dispelled the long-held industry notion that Texas trusts are unacceptable in the reverse mortgage space. Paul earned his Juris Doctor (J.D.) degree from New York Law School in June of 1983. \n  \nChris Downey joined The Federal Savings Bank in July 2023 as HECM Senior Vice President. Before that\, Chris was president of Harbor Mortgage Solutions\, based in Braintree\, MA\, where he was responsible for the oversight of conventional mortgage activities\, as well as general management of the firm. A graduate of Providence College with a B.S. degree in accounting\, Downey began his career as a registered representative and operations manager at a securities broker dealership before joining Harbor Mortgage in 1989 as a mortgage loan originator. Downey was named vice-president of Harbor Mortgage Solutions in 1997 and succeeded his father George as president in 2004. Chris was elected to NRMLA’s Board of Directors in September 2024 and serves as Co-Chair of the Education Committee. He has also been an active volunteer in community service programs\, including the Pan-Mass Challenge fundraising event for cancer research.
URL:https://www.nrmlaonline.org/event/nrmla-webinar-understanding-poas-trusts-conservatorships-and-life-estates
CATEGORIES:Webinars
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