Chicago, IL – October 10, 2011 – (RealEstateRama) — CampusMBA, the award-winning education division of the Mortgage Bankers Association (MBA), graduated 35 Certified Mortgage Bankers (CMB) at a ceremony held at MBA’s 98th Annual Convention & Expo in Chicago. The CMB designation is the highest professional honor within the real estate finance industry.
The 37 CMBs who received their designations today will join a group of more than 1,200 industry professionals who have proven their commitment to excellence within the mortgage banking industry.
“Now more than ever it is essential to uphold the highest standards for our industry,†said MBA Chairman Michael W. Young. “Receiving the CMB designation demonstrates that each of these individuals has made that commitment, and put in the work behind it to achieve the industry’s top professional designation.â€
CMB candidates must acquire 150 points earned through a combination of professional experience, secondary education, continuing education through MBA-sponsored events and CampusMBA courses, as well as participation in MBA at the local, state and/or national level. After accumulating the required points and passing a comprehensive written exam, candidates must demonstrate industry knowledge by passing an oral exam conducted by a panel of CMBs.
“The CMB program is the foundation of excellence within our industry. It symbolizes respect, credibility, ethics, and achievement within real estate finance,” said Jeffrey Schummer, MBA’s Vice President of Education. “I want to personally commend the 35 CMBs for realizing the importance of professional education within their careers. Together we are truly setting the bar for excellence in our industry, something of which we at MBA are immensely proud.”
Candidates have the option of choosing among the Commercial CMB, Residential CMB or Master CMB designations. The Master CMB is a combination of both commercial and residential mortgage banking disciplines, while the Residential CMB and Commercial CMB focus on their respective subfields of the mortgage industry.
In June 2009, MBA launched the Executive Certified Mortgage Banker program. Designed for busy professionals, this program allows candidates to substitute their real-world knowledge and experience for many of the educational requirements of the CMB program.
In order to be eligible for the CMB designation, candidates must either work for an MBA member company or be a member of a recognized state MBA. Every candidate for an Executive CMB is required to have a minimum of 13 years of experience in real estate finance and hold a senior management position at an MBA member company.
CampusMBA awarded the following industry professionals with the CMB designation from November 2010 to October 2011:
Commercial CMB Designees:
• Scott Cunningham, CMB, AMP, Moraga, CA
• Janine Stallings, CMB, Vice President, Portfolio Management & Accounting, Pacific Life Insurance Company
Residential CMB Designees:
• Kelly Allen, CMB, Branch Manager, Standard Pacific Mortgage
• Craig Aronson, CMB, AMP, Default Manager Analyst, MassHousing
• Lynn Barisano, CMB, AMP, Senior Vice President, Bank of America Home Loans
• W. H. Caldwell, III, CMB, Account Executive, FNC, Inc.
• Jared Edmonds, CMB, AMP, Account Executive, Bank of America Home Loans
• Erin Forbes, CMB, Director of Compliance, New American Funding
• Peter Fugaro, CMB, President, Prymak LLC
• Kelley Hailstone, CMB, Vice President-Secondary Marketing, American Bank FSB
• Jason Harris, CMB, Capital One, N.A.
• Tony Holmes, CMB, AMP, Risk Manager, Fannie Mae
• John Hwang, CMB, AMP, Director of Contact Center Operations, LendingTree, LLC
• Kama Johnson, CMB, AMP, Sales Rep, United Guaranty Corporation
• Terry Jones, CMB, Vice President, Cherry Creek Mortgage Co., Inc.
• William B. Lehman, CMB, AMP, Director, C.C. Pace
• Brett Mills, CMB, AMP, Manager & Senior Loan Officer, Academy Mortgage Corp.
• Jodie Morgan, CMB, Account Executive, CitiMortgage, Inc.
• Angela Muxworthy, CMB, Mortgage Manager, New Mexico Mortgage Lenders Association, Inc.
• Jon Rutila, CMB, Vice President, Aurora Bank FSB
• Patrick Stevens, CMB, AMP, General Counsel and Vice President, TenA Companies, Inc.
• Tony Thompson, CMB, AMP, Mortgage Market Leader, PNC Bank, National Association
• Ian Wright, CMB, AMP, Senior Vice President and Director of Warehouse Lending, Community Trust Bank
CMB Designees from the Executive Certified Mortgage Banker program:
• Edward Thomas Bean, CMB, Regional Vice President, Wells Fargo Home Mortgage
• Kevin M. Breeland, CMB, Senior Vice President – Government Affairs, Residential Mortgage, LLC
• Carmen Fenn Drake, CMB, AMP, Vice President-Regional Sales Executive, Wells Fargo Home Mortgage
• Cameron Findlay, CMB, Chief Economist, LendingTree, LLC
• Mark Fleming, CMB, Managing Director-Consumer Finance Group, PricewaterhouseCoopers
• Deborah H. Jones, CMB, Senior Vice President-Director of Secondary Marketing, RBS Citizens, N.A.
• Jamie Korus, CMB, President, Alliance Financial Resources, LLC
• Amie McCarthy, CMB, Evaluations-Whole Loans, Interactive Data Pricing and Reference Data
• Cody Pearce, CMB, President, Southwest Stage Funding dba Cascade Financial Services
• Eric P. Stoddard, CMB, Executive Vice President-Correspondent Lending, Wells Fargo Home Mortgage
• Elizabeth Weant, CMB, Vice President-Regional Sales Executive, Wells Fargo Home Mortgage
Master CMB Designee:
• Ralph E. Rayle, Jr, CMB, AMP, Senior Credit Specialist, Federal Reserve Bank of Atlanta
###
The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation’s residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,200 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field. For additional information, visit MBA’s website: www.mortgagebankers.org.
###
The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation’s residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,200 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field. For additional information, visit MBA’s Web site: www.mortgagebankers.org.
