Chicago, IL – October 23, 2012 – (RealEstateRama) — The Mortgage Bankers Association (MBA) today announced the election of Debra W. Still, CMB, President and Chief Executive Officer of Pulte Mortgage LLC, as the 2013 Chairman of MBA at the association’s 99th Annual Convention & Expo in Chicago. E. J. Burke, Executive Vice President and Group Head, KeyBank Real Estate Capital and Corporate Banking Services, was named Chairman-Elect of MBA, while Bill Cosgrove, CMB, President and CEO of Union National Mortgage Company, was named Vice Chairman. All three officers will serve for the 2012-2013 membership year.
As Chairman, a top item on Ms. Still’s agenda is to lead collaboration within the industry and with policymakers to restore vibrant real estate markets that will help build thriving neighborhoods across the country, creating jobs and fueling economic growth.
“Our industry has undergone, and will continue to face, incredible change,” said Michael W. Young, MBA’s outgoing Chairman. “I will be forever grateful for having had the opportunity to help lead that change and play a role in continuing to strengthen the value that MBA offers not just its members, but all those who participate in our real estate finance system. I wish Deb well as she assumes the Chairmanship, and know that she will build on the positive momentum of the last year.”
Debra W. Still, CMB, Chairman
An active MBA member for more than a decade, Ms. Still has served on MBA’s Strategic Planning Committee and chaired both MBA’s Council on the Future of Residential Mortgage Servicing in the 21st Century and the MBA Forward Task Force. She has also been a member of MBA’s Loan Origination Task Force, Affordable Housing Committee and the Secondary and Capital Markets Committee and recently served as Chair of MBA’s Residential Board of Governors (RESBOG) and is a member of the association’s Board of Directors. Ms. Still has served as Chairman-Elect of the MBA since October 2012.
E.J. Burke, Chairman-Elect
Mr. Burke has more than three decades of experience in the mortgage industry. He is a past Chair of MBA’s Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) and is a member of the association’s Board of Directors. He also serves as Chair of the COMBOG Risk Retention Task Force and is a former Chair of the COMBOG Investor Council. Since October 2011, he has served as MBA’s Vice Chairman.
Bill Cosgrove, CMB, Vice Chairman
A longtime and active MBA member, Mr. Cosgrove has served as a member of MBA’s Board of Directors, on MBA’s Legislative Steering Committee and on its Residential Board of Governors (RESBOG) Advisory Committee. During the 2009-2010 election cycle, he served as Chairman of MORPAC, the industry’s political action committee, raising more than $1 million to bolster MBA’s advocacy efforts. He was the 2011 recipient of MBA’s Burton C. Wood Legislative Service Award, given annually to an MBA member in recognition of his or her sustained superior service to the association and the real-estate finance industry as a whole. In addition, Mr. Cosgrove has also served as chairman of the Ohio MBA.
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.