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Hamilton Group Funding’s Mark Korell Joins MBA Opens Doors Foundation Board of Directors

Hamilton Group Funding’s Mark Korell Joins MBA Opens Doors Foundation Board of Directors

WASHINGTON, D.C. — (RealEstateRama) — The MBA Opens Doors Foundation (Opens Doors) today announced that Mark L. Korell, Chairman of Hamilton Group Funding, has joined its Board of Directors. Opens Doors provides mortgage and rental assistance to families with critically ill or injured children, allowing parents and guardians to be by a child’s side during treatment, without fear of jeopardizing their home.

“Mark has deep experience not just in the mortgage industry, but in volunteer leadership for non-profit housing related organizations,” said Debra W. Still, CMB, President and CEO of Pulte Mortgage, and Opens Doors Foundation Chairman. “He will bring a genuine commitment to the vulnerable families struggling to keep a roof over their heads during one of the most difficult times in their lives. We are thrilled he will lend his time and expertise to the board.”

Korell brings an extensive track record of success to Opens Doors. Currently, he serves as Chairman of Hamilton Group Funding, where his leadership helped the firm boast record levels of residential mortgage lending volume and profitability in the over four years that he served as President and CEO. Prior to Hamilton Group Funding, Korell held senior leadership positions at JP Morgan Chase, Wells Fargo Home Mortgage, GMAC Mortgage Group, and Residential Funding Corporation (RFC), and was on the Fannie Mae National Advisory Council and the Mortgage Bankers Association (MBA) National Board of Governors.

“On behalf of Hamilton Group Funding, I am honored to partner with the Opens Doors Foundation as a board member, working to advance its important commitment to assist families in need of housing support as they deal with the emotional and financial stress of a critically ill child,” said Korell. “As an industry leader with more than 30 years of involvement with major charitable housing organizations, I am excited to help ODF move forward to become a major national resource to families in need.”

“Mark’s enthusiasm and energy will aid the Foundation as we enter a new phase of growth,” said Opens Doors Foundation President Deborah Dubois. “His leadership on the National Board of Trustees of Mercy Housing, and his role as Vice Chairman of the International Board of Directors for Habitat for Humanity, will serve us well.”

Since 2012, the Foundation has helped more than 3,100 families from 47 states, distributing more than $4.3 Million in funding. Support from MBA allows the Foundation to pass on 100 percent of donations to families in need of assistance. Potential grant recipients are identified through the Foundation’s ongoing relationship with children’s hospitals in Akron, Ohio; Boston, Massachusetts; Dallas-Fort Worth, Texas; Denver, Colorado; Houston, Texas; Northern and Southern California; and Washington, D.C.

MBA Opens Doors is a 501(c) (3) organization, and all contributions are tax deductible. For more information about the Foundation or to make a donation, please visit www.mbaopensdoors.org.

CONTACT
Adam DeSanctis
adesanctis@mba.org
(202) 557-2727

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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