Chicago, IL – October 11, 2011 – (RealEstateRama) — The Mortgage Bankers Association (MBA) today awarded Henry V. (Hank) Cunningham, Jr., CMB, President of Cunningham & Company, with the Andrew D. Woodward Distinguished Service Award at the Association’s 98th Annual Convention and Expo held in Chicago, IL. The award was given to Cunningham in recognition of his dedication and prominent service to MBA and the mortgage lending industry.
“Hank is a dedicated leader who testified twice before Congress this year on MBA’s behalf and continues to give his time and talents to the mortgage lending industry,†said MBA Chairman Michael W. Young. “He is a truly innovative thinker, whose strong voice on behalf of MBA members has led many discussions on the future of the industry.â€
Nominees for the annual award must be associated with an MBA member firm, have a record of sustained and extraordinary service to MBA and the mortgage industry, and have a strong reputation for ethical and professional conduct.
Cunningham has more than 37 years of professional mortgage experience. He is the immediate past Chairman of MBA’s Residential Board of Governors (RESBOG) and serves on MBA’s Board of Directors. He also has also been a member of MBA’s Regulatory Reform Task Force and Warehouse Lending Task Force and GSE Policy Task Force.
In addition, Cunningham is past President of the Mortgage Bankers of the Carolinas (MBAC), and is Chairman of the Legislative Committee for MBAC. He also chairs the Greensboro Housing Development Partnership, focused on creating housing opportunities in Greensboro, NC.
The award is named in honor of Andrew D. Woodward, an industry friend, colleague and leader who passed away in 2008. Among other activities in his long and distinguished career, Woodward was instrumental in developing MBA’s Council to Shape Change report, which was released in August 2006.
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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.