MBA's new chairman takes the helm
The Mortgage Bankers Association (MBA) has ushered in a new era of leadership and governance, unveiling its executive team and board members for 2024 at the 2023 Annual Convention & Expo in Philadelphia.
Mark Jones, president of Union Home Mortgage, has been sworn in as the 2024 chairman of MBA. He also co-founded Amerifirst Home Mortgage and led it to significant growth before its merger with Union Home Mortgage in January 2023.
“I have been a proud part of the MBA family for nearly four decades and am incredibly honored and ecstatic to serve as the next chairman. With the support of Laura Escobar and Christine Chandler, I am confident that our industry will overcome the current tough market environment,” said Jones. “I am committed to promoting financial literacy for young adults and focusing on advocacy initiatives that increase housing supply and improve affordability in communities across America.”
Jones is joined by Laura Escobar, president of Lennar Mortgage, and Christine Chandler, chief credit officer and chief operating officer of M&T Realty Capital Corporation, who were appointed as chair-elect and vice chair, respectively.
Board of directors for 2024
The trade association has also introduced its board of directors for 2024, consisting of 39 voting members representing a diverse cross-section of the real estate finance industry.
The board is tasked with setting the strategic direction for the MBA and overseeing the management of the association’s affairs. New members include notable figures from Rocket Mortgage, Mr. Cooper, Eustis Mortgage Corporation, and others:
- Bill Banfield, Rocket Mortgage
- Jay Bray, Mr. Cooper
- Kate deKay, Eustis Mortgage Corporation
- Pat Dodd, CoreLogic
- David Gansberg, Arch Global Mortgage Group
- Jeff Taylor, Mphasis Digital Risk
- David Battany, Guild Mortgage Company
- Susanne Livingston, RWM Home Loans
- James Sias, Fifth Third Bank
- Quentin Fogan, Bank of America
Board of governors and committee chairs
In addition to the executive leadership and board of directors, MBA announced the members of its Residential Boards of Governors (RESBOG) and Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) for 2024.
RESBOG, led by Gene Lugat of PrimeLending as chair and David Battany of Guild Mortgage as vice-chair, is responsible for establishing legislative and regulatory policies on residential lending issues.
Read MBA’s news release for the full list of members
COMBOG, on the other hand, is led by Jeff Weidell of NorthMarq as chair, Jeff Majewski of CBRE Capital Markets as chair-elect, and Quentin Fogan of Bank of America as vice chair. This board focuses on the strategic development of MBA’s commercial/multifamily policy, initiatives, best practices, and standards.
“The incredibly impressive roster of leaders who will make up RESBOG and COMBOG in the year ahead have a passion for real estate finance and are dedicated to guiding our industry forward during these challenging times,” said Jones, 2024 MBA chairman. “I look forward to working with them on key issues, including housing affordability and equitable homeownership, to create wins for our members and their customers.”
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