Reverse Mortgage Solutions has named Marc Helm as President and announced that two other high-level executives have joined the company as Cheif Financial Officer and Senior VP of Portfolio Retention.

Helm was a founding partner of the firm, holding the title of Chief Operating Officer until now. He will have additional management and client responsibilities, formerly held by Ken Austin, who is leaving the company to pursue personal interests. “It was a thrill to be able to help start another business from scratch,” Austin said of his tenure with the company. “RMS is now well-positioned to move forward in the marketplace and enjoy even greater success.”

When Helm joined RMS, he had completed 30 years of mortgage servicing career dedication, retiring from Washington Mutual, at the time, where he served as a Senior Officer, responsible for helping WaMu integrate all loan servicing acquisitions into their system. “We have had an exciting, first three years and given the specialty opportunities that are growing in the mortgage market, the years ahead promise to be even more rewarding,” Helm said.

Michael Clendennen will be joining RMS as its Chief Financial Officer, and Michael Kent as Senior Vice-president of Portfolio Retention. A Certified Public Accountant, Clendennen has served the past eight years as Vice-president and Controller at Allied Home Mortgage Capital Corp., Houston, a nationwide mortgage loan origination and brokerage business. He also holds an MBA Degree. Kent has over 28 years of experience with regional and national lending institutions, including several senior management and executive positions. For the past eight years, he has owned and operated mortgage and real estate sales companies in Los Gatos, Calif.