NewDay Financial Names Reverse Mortgage President

NewDay Financial, a national U.S. Department of Veterans Affairs and reverse mortgage lender, has promoted Julie McMillin Lee to president of NewDay Reverse. In her new position, Lee manages the direction of the reverse division, as well as the selection and training of originators.

Lee began her career at NewDay in 2002 as an account executive, and after several promotions was selected to lead the company's Maryland retail division in 2007. In 2009, Lee helped NewDay establish its reverse mortgage division and has since led the company to become one of the nation's top 10 reverse mortgage lenders in 2011, NewDay says.

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