Former exec from HUD's Ginnie Mae program joins Ainsworth Advisors

Ex-Ginnie Mae President Joseph Murin is among several industry veterans joining Ainsworth Advisors, a consultancy run by former mortgage banker David Lykken and former Texas Capital Bank executive Gary Ort.

Others joining Ainsworth include Marc Helm, the former president and CEO of Reverse Mortgage Solutions, and attorney Mitch Kider, managing partner at Weiner Brodsky Kider PC. Former LoanLogics Senior Vice President Les Parker, former Mortgage Bankers Association Chief Economist Jay Brinkmann and former MBA Chairman David Kittle also are joining the advisory firm.

Lykken and Ort formed Ainsworth last year. Ort previously was president of Texas Capital Bank's mortgage finance division, and Lykken was a top executive at three independent mortgage bankers in the 1990s: United Lending Group, Legend Financial Group and Mirad Financial Group.

Murin was the president of the Department of Housing and Urban Development's Ginnie Mae program between January 2008 and August 2009. Helm was one of Reverse Mortgage Solutions' founding partners in 2007 and became its president in April 2010. He left the company in November 2013.

Brinkmann was the MBA's chief economist between March 2001 and January 2014. Kittle, vice chairman and president of The Mortgage Collaborative, also previous worked with industry vendors First American Mortgage Solutions and IMARC. He was the executive vice president of Vision Mortgage Capital between October 2009 and March 2010, and served as the MBA's chairman between October 2008 and October 2009.

Stephen Yang/Bloomberg

Parker worked for LoanLogics between September 2013 and March 2018. For more than two decades before that, he was the president of Parker & Co., a mortgage interest rate hedging consultancy that also advised companies on mortgage servicing rights valuations.