Chicago, IL – October 23, 2012 – (RealEstateRama) — The Mortgage Bankers Association (MBA) today announced David Motley, CMB, President of Colonial National Mortgage in Fort Worth, TX as Chairman of its 2013 Residential Board of Governors (RESBOG) and William C. Emerson, CEO of Quicken Loans, Inc in Detroit, MI, as the Vice-Chairman of RESBOG, at the associations’ 99th Annual Convention & Expo.
RESBOG is the governing body for MBA’s single-family residential members, responsible for establishing legislative and regulatory policies and positions on residential lending issues.
“Dave and Bill are veteran industry leaders and have the vision critical to developing MBA’s residential policy positions and shaping the direction of our regulatory and advocacy efforts,” said MBA Chairman Debra W. Still, CMB. “They will have a lot on their plates as our industry continues to face tremendous attention from policymakers, but they are the right leaders at the right time, and I Iook forward to working with them.”
“I’d also like to thank RESBOG’s outgoing Chairman Garry Cipponeri,” continued Still. “He has been a steady hand, leading MBA’s policymaking process through a period where the industry has faced an unprecedented number of new rules and regulations as a result of Dodd-Frank, and we owe him a debt of gratitude.”
Mr. Motley and Mr. Emerson presently sit on MBA’s Board of Directors and both have been active MBA members and served on several committees. Mr. Motley is formerly Vice Chairman of RESBOG and was a member of MBA’s Council on Residential Mortgage Servicing for the 21st Century, while Mr. Emerson has been a member of MBA’s Repurchase Working Group in addition to being a member of RESBOG.
MBA also named the newly elected members of RESBOG. The new members are:
• Enrico Arvielo, New American Funding, Corona del Mar, CA
• J. Lynn Beckstead, CMB, Security National Mortgage Company, Salt Lake City, UT
• Rich Bennion, HomeStreet Bank, Seattle, WA
• Teresa Bryce Bazemore, Radian Guaranty, Inc, Philadelphia, PA
• Matthew A. Kerin, Flagstar Bank, FSB, Newington, CT
• Jamie Korus, Alliance Financial Resources, LLC, Phoenix, AZ
• Jerome Lienhard, SunTrust Mortgage, Inc, Richmond, VA
• Michael S. Malloy, Bank of America Home Loans, Calabasas, CA
• Jeffrey S, May, Cherry Creek Mortgage Co., Inc, Greenwood Village, CO
• Mary Ann McGarry, Guild Mortgage Company, San Diego, CA
• Kurt Noyce, Embrace Home Loans, Middleton, RI
• Susan T. Stewart, SWBC, San Antonio, TX
MBA’s returning members of RESBOG are:
• Steve Abreu, GMAC Mortgage Operations, Fort Washington, PA
• Jon K. Baymiller, NYCB Mortgage Company, Cleveland, OH
• E. J. Burke, KeyBank Real Estate Capital & Corp. Banking Services, Cleveland, OH
• Don G. Calcaterra, Jr., CMB, AMP, Towne Mortgage, Troy, MI
• Garry Cipponeri, Chase, Iselin, NJ
• Bill Cosgrove, CMB, Union National Mortgage, Strongsville, OH
• William C. Emerson, Quicken Loans Inc., Detroit, MI
• Stewart Larsen, CMB, Bank of the West, Omaha, NE
• Robert D. Lewis, Fifth Third Mortgage, Cincinnati, OH
• Philip R. Mahoney, American Security Mortgage Corp., Charlotte, NC
• Marla Mayne, U.S. Bank Home Mortgage, Scottsdale, AZ
• William J. McCue, McCue Mortgage Company, New Britain, CT
• Michael McQuiggan, Tri-Emerald Financial Group, Lake Forest, CA
• Samuel B. Morelli, CMB, WestStar Mortgage Inc., Chadds Ford, PA
• David Motley, CMB, Colonial National Mortgage, Fort Worth, TX
• Mary O’Donnell, Westcor Land Title Insurance Co., Winter Park, FL
• Kurt Pfotenhauer, First American, Oakton, VA
• Patrick Sinks, Mortgage Guaranty Insurance Corporation, Milwaukee, WI
• Debra W. Still, CMB, Pulte Mortgage LLC, Englewood, CO
• Eric P. Stoddard, Wells Fargo Home Mortgage, Laguna Niguel, CA
• James Timmons, Universal American Mortgage Company, Miami, FL
• Gregory S. Tornquist, Cenlar FSB, Ewing, NJ
• Dena L. Yocom, CMB, imortgage.com Inc., San Diego, CA
MBA’s Residential Committee Chairs serving on RESBOG:
• Financial Management: Terry Schmidt, CMB, Guild Mortgage Company, San Diego, CA
• Legal Issues, Quality Assurance and Regulatory Compliance: Carol Dubie, Wells Fargo, Philadelphia, PA
• Loan Administration: Ray Barbone, BankUnited, Miami Lakes, FL
• Residential Loan Production: William Dyson, Citibank, NA, O’Fallon, MO
• Secondary and Capital Markets: Julie Messina, CNN Mortgage, Scottsdale, AZ
• State Legislative and Regulatory: Julie Piepho, CMB, Cornerstone Mortgage Company, Houston, TX
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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.
