Gene Lugat Appointed MAA Chairman for 2017-2018

WASHINGTON, D.C. (January 12, 2017) – (RealEstateRama) — The Mortgage Bankers Association (MBA) announced today that Gene Lugat, Executive Vice President of Eastern Division, National Industry and Political Relations, PrimeLending, Inc., has been appointed chairman of the Mortgage Action Alliance (MAA) for the 2017-2018 election cycle, by Rodrigo Lopez, CMB, MBA Chairman and Executive Chairman of NorthMarq Capital, and David Motley, MBA Chairman-Elect and President of Colonial Savings, F.A. and its divisions — Colonial National Mortgage and CU Members Mortgage. Mr. Lugat will succeed Fowler Williams, CMB, who served as MAA Chairman for the 2015-2016 election cycle.

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“MBA is grateful that Gene will be sacrificing his time and effort to help build on MAA’s already significant grassroots’ operation,” said Rodrigo Lopez. “Gene’s success in the industry and deep leadership expertise will undoubtedly benefit him through this election cycle.”

Lopez continued, “I also want to thank Fowler Williams for his service as MAA Chairman. Under his leadership, MAA was able to experience unprecedented growth, which elevated our ability to reach notable stakeholders in the real estate finance industry.”

Gene joined PrimeLending, Inc. as Senior Vice President, Regional Production Manager for the Mid-Atlantic Region in 2009. In October 2012, he was promoted to Executive Vice President of the Eastern Division/National Industry and Political Relations with responsibility for production for all 28 states east of the Mississippi. He is a past president of the Maryland Mortgage Bankers Association, and recently served on the MORPAC committee as a board member for the 2015-2016 election cycles. Gene is a graduate of Shepherd University and a member of its Athletic Hall of Fame.

CONTACT
Rob Van Raaphorst

(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 2,400 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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