MBA Elects New 2008 Board of Directors

The Mortgage Bankers Association (MBA) today elected its Board of Directors for the 2007-2008 membership year at MBA`s 94th Annual Convention & Expo in Boston. The Board of Directors will be chaired by MBA Chairman Kieran P. Quinn, CMB, Chairman of Column Financial, Credit-Suisse`s mortgage lending subsidiary for multifamily and commercial properties.

MBA`s Board of Directors consists of 21 members.  Three are from the Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG), six are from the Residential/Single-Family Board of Governors (RESBOG) five are members at large, one is an associate member and one represents MBA`s State and Local affiliates. The Board of Directors develops the strategic plan for MBA and also manages the affairs of the association, including developing association-wide policies and approving a budget.

The seven newly elected members of MBA`s Board of Directors are:

Paul E. Bibb, Jr., National City Mortgage Company, Miamisburg, OH
Phillip W. Bracken, Wells Fargo Home Mortgage, Ellisville, MO
Robert D. Broeksmit, CMB, Chevy Chase Bank, Fsb, Bethesda,MD
William Cosgrove, CMB, Union National Mortgage Co., Strongsville, OH
Samuel B. Morelli, CMB, Eagle National Bank, Mortgage Division, Chadds Ford, PA
David A. Roberts, CMB, Collateral Real Estate Capital, LLC, Birmingham, AL
Richard H. Wohl, CMB, IndyMac Bank, Pasadena, CA

Members remaining on the Board of Directors are:

Michael D. Berman, CWCapital, Needham, MA
Daryl J. Carter, Centerline Capital Group, Irvine, CA
Timothy C. Dale, CMB, BB&T, Wilson, NC
Steven K. Graves, Principal Real Estate Investors, Des Moines, IA
Robert H. Griffith, Bank of America, Charlotte, NC
Steve Nadon, Option One Mortgage Corporation, Irvine, CA
Joseph Reppert, First American Real Estate Information Services, Inc., Saint Petersburg, FL
Debra W. Still, Pulte Mortgage LLC, Englewood, CO
Thomas L. Wind, Lehman Brothers Bank,  Littleton, CO
Jonathan L. Kempner, Mortgage Bankers Association, Washington, DC
David G. Kittle, CMB, Principle Wholesale Lending, Inc., Louisville, KY 
Kieran P. Quinn, CMB, Column Financial, Inc., Atlanta, GA
John M. Robbins, CMB, Vertice, a Division of Wachovia Securities, San Diego, CA
Robert E. Story, Jr., CMB, Seattle Financial Group, Seattle, WA
 

The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 500,000 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 3,000 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.

 John Mechem                                       Aleis Stokes               
(202) 557-2924                                       (202) 557-2741
 jmechem@mortgagebankers.org        astokes@mortgagebankers.org