MBA Applauds Senate Banking Committee for Advancing Pam Patenaude Nomination

WASHINGTON, D.C. (June 15, 2017) –- (RealEstateRama) — David H. Stevens, CMB, President & CEO of the Mortgage Bankers Association (MBA), released the following statement following the Senate Banking Committee approving the nomination of Pam Patenaude to be the Deputy Secretary of Housing and Urban Development (HUD).

“I want to congratulate Pam for being approved by the Senate Banking Committee to be the next Deputy Secretary of Housing and Urban Development (HUD). I know from the many years we have worked together that her knowledge of real-estate finance and deep background, experience and understanding of housing issues will serve her well. I can think of nobody more well suited for this position and I encourage the full Senate to move swiftly to confirm her nomination.”

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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.

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

Phone: (202) 557-2700

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