WASHINGTON, D.C. (August 2, 2017) – (RealEstateRama) — David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), announced the promotion of two current staffers, and the planned departure of Ken Markison, MBA Vice President and Regulatory Counsel. The promotions became effective July 16, 2017.
Justin Wiseman is being promoted to Associate Vice President & Managing Regulatory Counsel. Mr. Wiseman will be assuming a larger role with oversight for legal/regulatory issues for both loan production and servicing. In addition, he will manage MBA’s litigation coordination function as well as four MBA staff members. In his previous roles, Mr. Wiseman acted as the Director of Loan Administration Policy and Associate Regulatory Counsel for MBA, where he provided analysis and directed policy advocacy on Dodd-Frank and other servicing-related issues. Prior to joining MBA in 2012, Justin clerked in Federal District Court in the Middle District of Tennessee and, prior to attending Emory Law School, worked with the Center for Strategic and International Studies on European and Transatlantic security issues.
“Justin has demonstrated tremendous leadership abilities over the past few years, with his work spearheading the development of the MBA One Mod and TCPA campaigns being prime examples,” said Stevens. “We are confident he will continue to excel in this new and expanded role.”
In addition, Sara Singhas is being promoted to Associate Regulatory Counsel. Ms. Singhas, in her new role, will become the main point of contact and subject matter expert for all residential servicing issues. In addition, she will staff the Loan Administration Committee and be the primary resource on servicing policy issues. Prior to her new role, Ms. Singhas provided expertise and leadership on flood insurance, FHA servicing requirements, property preservation standards and other issues in the Loan Administration portfolio.
MBA also announced that Ken Markison, Vice President and Regulatory Counsel, will be departing MBA at the end of September to start his own consulting practice. “Ken has been invaluable to MBA, and to the housing industry in general. His expertise will be greatly missed, but we are looking forward to his ongoing contributions in the regulatory compliance space,” said Stevens. Under his leadership, MBA’s compliance-related conferences, education offerings and regulatory implementation guides have become the leading resources for the industry in the post Dodd-Frank world.
Mr. Markison joined MBA in 2004 after a thirty-two year career in the Office of General Counsel at the U.S. Department of Housing and Urban Development where he was one of the principal architects of HUD’s first RESPA Reform Rule, and HUD’s GSE rules.
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