Chicago, IL (October 22, 2012) — E. J. Burke, Executive Vice President and Group Head, KeyBank Real Estate Capital and Corporate Banking Services, today was sworn in as Chairman-elect of the Mortgage Bankers Association (MBA) during the association’s 99th Annual Convention & Expo in Chicago.
Mr. Burke recently served as Chairman of MBA’s Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) and is a member of the association’s Board of Directors. He serves as Chair of the COMBOG Risk Retention Task Force and is a former Chair of the COMBOG Investor Council.
Mr. Burke has more than three decades of experience in the mortgage industry. Before assuming responsibility for the entire Real Estate Capital line of business, he served as head of real estate capital markets for KeyBank. Mr. Burke also served as managing director for Key’s Commercial Mortgage Division. Prior to joining KeyBank, he was president and a founding member of Kansas City-based National Realty Funding, LC which was acquired by KeyCorp in 2000.
Prior to co-founding National Realty Funding in 1997, Mr. Burke was Program Director for Midland Commercial Funding, a division of Midland Loan Services, LP. Prior to joining Midland in 1993, Mr. Burke held various commercial lending positions in Oklahoma City and Kansas City.
Mr. Burke earned a Bachelor of Science degree from Boston College, and a Master of Business Administration from Oklahoma City University.
In addition to Burke, MBA members also elected Debra W. Still, CMB, President and Chief Executive Officer of Pulte Mortgage LLC, Chairman of MBA, while Bill Cosgrove, CMB, President and CEO of Union National Mortgage Company, was elected Vice Chairman. All three officers will serve for the 2012-2013 membership year.
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.