Felix Beck Dies In Florida at 93

News Staff's picture

Felix Beck, 93 of Boca Raton, Florida, formerly of Livingston, N.J. passed peacefully on March 26, 2019. A funeral will be held on Friday, March 29, at 11:30 am at Bernheim Apter Kreitzman Suburban Funeral Chapel, 68 Old Short Hills Road, Livingston, NJ.

Felix Beck was Chairman Emeritus of Chase Home Finance from 1994 to 2009. He was Chairman and CEO of Margaretten Financial, a mortgage banking firm, listed on the NYSE from 1992 to 1994 and before that was Chairman and CEO of Margaretten, a subsidiary of Berg Enterprises since 1969. From 1957 to 1969, he was Executive Vice President of J.I. Kislak Mortgage Corporation.

Felix was President of the Mortgage Bankers of America in 1983 and 1984. He was on the Board of Directors of The Federal National Mortgage Association from 1985 to 1996. He was a vigorous testifier inWashington on mortgage related issues and was instrumental in the introduction of the adjustable rate mortgage. He served 17 years on the Board of Governors and Board of Trustees at his alma mater, Rutgers University, where he received the Distinguished Alumni Award in 1998. Beck graduated from Rutgers with honors and earned a Bachelor of Science Degree in 1950. He received his MBA in 1953. He was a graduate of Highland Park High School.

Beck was charitable beyond words to many well deserving organizations. He was a staunch advocate of United Jewish Federation, the Mental Health Association, Paper Mill Playhouse, Rutgers University and Temple Beth Shalom.

Beck served his country during World War II, where he was the youngest 2nd Lieutenant in the United States Army.

Above all else, he was the ultimate family fan. He loved his family more than anything in the world and was known around the Beck family as “Pop Pop.”

Felix is survived by his wife of 68 years, Doris, the former Mayor of Livingston; his son Bruce and his wife, Janet; his son Steven and his wife, Lauren; his daughter -in-law, Karen, the widow of his late son, Jeffrey; his four grandchildren, Jonathan and his wife Jordana, Michael and his wife, Calie, Justin and Jake - and two great granddaughters.

In lieu of flowers, donations are welcome to the Rutgers University Foundation at www.support.rutgers.edu.

Rate this article: 
Average: 5 (1 vote)