Chrissy Rhea, co-founder of Mortgage Investors Group, has died
Chrissi Callaghan Rhea, co-founder and member (MBA) board, on November 8, aged 73.
“Chrissi was a pioneer in the industry, co-founding MIG in the late 1980s and leading the company until just a few months ago,” MBA president and CEO said in a statement.
Rhea co-founded Knoxville-based MIG in 1989. But in addition to his role as president and CEO at the company, he has served in various capacities for the MBA, including serving on the current board of directors in 2023 and chairing the MBA board of residents. was also an active member of the IMB executive board.
Broeksmit said one of his contributions to the industry was being the “driving force” behind the MBA's efforts to ban abuse.
Rhea was in 2021. When COVID-19 hit, he quickly implemented a work-from-home program for more than 300 employees in various states.
“My heart goes out to his family and colleagues. He was just a tremendous leader for the industry, and someone we will greatly miss as both an industry leader and an advocate for MBA,” said Gene Lugat, executive vice president. and Rhea's successor as chairman of the governors' residential councils in 2024.
“We first crossed paths at a peer group meeting in 2015. She was one of the few women in the room,” said Kate deKay, CEO. Eustis Mortgage. “He was a real force – a leader who was highly respected but also unpretentious, warm and wonderfully real.”
Rhea's son, Kevin Rhea, has worked at MIG for more than two decades, which he says is “a force in mortgage banking.”
“Starting Mortgage Investors Group in 1989 with a handful of others, he built it into one of the leading mortgage lenders in the Southeast while offering fair lending and affordable housing.”
From Friday Nationwide Multi-State Licensing System (NMLS), the mortgage lender, had 150 loan officers and 43 active branches. According to the technical platform Modexthe lender has taken out about $940 million in loans over the past 12 months.
