MBA Hires Jeffrey Schummer to be Vice President of Education

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WASHINGTON, D.C. – September 7, 2011 – (RealEstateRama) — David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today announced the appointment of Jeffrey M. Schummer as Vice President of Education. In this role, Schummer will be driving the strategic vision, development and growth of MBA’s educational programs.

“MBA’s educational programs are second to none and I know of no one better to head up our education team than Jeff,” said Stevens. “I am thrilled that he agreed to come on board at such a historic time for our industry and I have every confidence that his strategic and innovative vision will help to advance CampusMBA and broaden professional development opportunities for MBA’s members and the industry.”

Before joining MBA, Schummer was a Servicing Relationship Manager for Single Family at the Federal Housing Administration (FHA) where he supported servicer FHA loss mitigation improvement efforts. He also served as President of Property & Casualty at Financial Independence and Senior Vice President at Wachovia Corporation. In addition, he held several management positions at World Savings & Loan in San Antonio, Texas.

Schummer’s experience includes designing and implementing mortgage banking educational content through e-class, webinar, and live instructor sessions in servicing, origination, underwriting, and business operations for mid and large size lenders, multi-billion dollar banking institutions, and the FHA. Schummer received a bachelor’s degree in business administration and marketing from California State University in Northridge. He reports to MBA’s Chief Economist Jay Brinkmann, whose responsibilities will now include education as well as research and economics and industry technology.

CampusMBA offers both online and classroom educational offerings covering the following areas of interest: Financial Services Regulatory Reform, Origination & Processing, SAFE Act, Underwriting, FHA, Closing, Shipping, & Warehouse Lending, Reverse Mortgages, Secondary & Capital Markets, Servicing, Continuing Education, Commercial/Multifamily, Commercial Insurance, Management, Quality Assurance & Fraud, Regulatory Compliance, Technology and Consumer Education.

In addition, CampusMBA offers premier certifications and designations to the industry. These programs are currently available in residential underwriting, loan origination and servicing, as well as in commercial servicing. CampusMBA is also the exclusive provider of the Certified Mortgage Banker® (CMB®) Designation, which is the industry standard in professional success.

For more information about CampusMBA’s programs go to http://www.campusmba.org/default.htm or call (202) 557-2826. If you are a member of the media, please contact Melissa Key at (202) 557-2799.

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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.

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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 2,400 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.

Contact:

Mortgage Bankers Association
1331 L Street, NW
Washington, DC 20005

Phone: (202) 557-2700

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