Regina Lowrie Obituary – Death: First Woman to be Elected MBA Chair Dies: According to an online obituary on Tuesday, January 3, 2023, Regina Lowrie has passed away unexpectedly. However, cause of death was not disclosed.
She died at the age of 68 years. She has been involved in trade associations for the sector for a long time, serving as the organization’s first female president of the Mortgage Bankers Association of Greater Philadelphia. Lowrie was also heavily involved in organizing the Atlantic City Regional MBA Conference.
Lowrie most recently served as Dytrix, a risk management company, as its founder, president, and CEO. But before that, in 1994, she established the Horsham, Pennsylvania-based Gateway Funding Diversified Mortgage Services, which she later sold.
In 2007, Lowrie was appointed president of Vision Mortgage Capital, a unit of American Home Bank at the time. Later, Continental Bank bought it.
Lowrie served as the president and CEO of the consulting business RML Advisors concurrently.
The MBA of New Jersey, which organizes the association’s regional conference, said of Regina: “Regina was a dedicated and loyal individual who was always straightforward in her views and always ready to be there for her friends and colleagues at any time if should be helpful,”
Levy wrote to the group’s members, “To say that she would be deeply missed is an understatement. The news of this tragic loss will take some time for all of us to process.
Lowrie was recognized regarded as a pathfinder by a number of people, including current MBA President and CEO Bob Broeksmit.
All those lucky enough to have interacted with her, according to Broeksmit, “will forever remember her persistence, perseverance, and ardent advocacy for our industry.” “We extend our condolences to her family, friends, and coworkers.”
David Stevens, Broeksmit’s predecessor at the MBA, encountered Lowrie for the first time while he was working for a bank and Gateway was selling loans to that business.
Stevens, who took over as MBA president and CEO in May 2011, said of Regina: “Whenever you met her, she had a smile and a bounce in her step and she was always ready to be involved in any way she could in the business and leadership responsibilities.” She always had a contagious good attitude, amazing energy, and a burning desire to accomplish more.
According to Stevens, Lowrie was “over the top, enormously committed” to the mortgage sector, continuing to be involved both locally and nationally after her time ended.
Following in her footsteps were future MBA head Debra Still and most recently, the group’s first Black chairwoman, Kristy Fercho. Lowrie’s presence and activity helped to foster increased diversification in what had hitherto been a white male-dominated mortgage business.
Lowrie’s initiatives were compared by Stevens, the current CEO of Mountain Lake Consulting, to those of the late Barbara Walters, who assisted in advancing women into prominent positions in media.
Lowrie participated in mPower, an organization that Marcia Davies, the chief operating officer of the MBA, formed to assist women in the mortgage industry.
Regina quite literally cleared the way and unlocked the doors for many other women to have leadership positions inside the association and, ultimately, even more diversity within the group, according to Stevens. She was the first, which is significant in an industry that had a poor history of diversity before that.
S.A. Ibrahim, the former CEO of Radian Group, remembers meeting Lowrie when the two were both members of the MBA’s board of governors and he was CEO of GreenPoint Mortgage. He also participated in a task committee led by Lowrie that looked at the future of the mortgage sector in the US.
Given the proximity of their offices, Ibrahim and Teresa Bryce Bazemore, then-President of Radian Guaranty and current President and CEO of the Federal Home Loan Bank of San Francisco, would later often meet with Lowrie for lunch.
Ibrahim said that the woman “was extremely informed about both the tactical workings of the mortgage sector as well as the technicalities of how it worked, putting herself at a higher level of thinking about what role the industry plays in the entire economy.” She was extremely aware of the fact that purchasing a home was such a significant personal and emotional decision for purchasers and that we owed it to them to provide an honest product. She took this seriously, constantly concentrating on how to improve things for the borrower.
He claimed that although Lowrie cannot be replaced, she does leave a legacy that serves as an inspiration.
Ibrahim described her as “a very honest, respectable, moral, and ethical lady who exemplified the [best in the] industry,” calling her “an industry leader, a personal friend, and an inspiration.”
Lowrie, who recently moved to Brigantine, New Jersey, is survived by her daughter Crista, son Robert and several grandkids, according to a post on MBA NewsLink.
Words fall short of expressing our grief for your loss, as we mourn with family and friends for this great loss. We are truly sorry to hear of the loss of this promising being. Please accept our condolences and may our prayers help comfort you. Please receive our heartfelt condolences.
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