MORPAC Honors James Deitch with the Distinguished 2016 Schumacher-Bolduc Award

MORPAC Honors James Deitch with the Distinguished 2016 Schumacher-Bolduc Award

BOSTON, MA (October 28, 2016) – (RealEstateRama) — The Mortgage Bankers Association Political Action Committee (MORPAC) today awarded James Deitch, CMB, CPA; CEO of Teraverde Financial, with the 2016 Schumacher-Bolduc Award at the association’s Annual Convention and Expo held in Boston. The award was given to Mr. Deitch in recognition of his outstanding work on behalf of MBA’s political advocacy programs and the mortgage lending industry.


“Jim’s dedication to advancing the real estate finance industry has been demonstrated by his ongoing commitment to MORPAC, MBA, and MBA’s Opens Doors Foundation,” said MORPAC Chairman Jamie Korus. “He has worked for years to make sure his company and colleagues are at the forefront of industry advocacy and has been incredibly effective in helping to increase participation in both MORPAC and MAA. Additionally, he has been among the most willing to support individual pro-real estate finance industry candidates.”

The award is named in honor of two distinguished professionals in MORPAC’s history: Ernest P. Schumacher, founder and first Chairman of MORPAC and Mark P. Bolduc, whose exemplary service as MORPAC Director helped the PAC to become the political force it is today.

Mr. Deitch has been a MORPAC advocate and personal contributor for almost a decade. He is a critical member of the MORPAC committee, and has run an exceptional advocacy campaign at Teraverde Financial each of the last three years. Mr. Deitch has also been deeply involved with MBA, including being a former RESBOG member, active with the Mortgage Action Alliance, and dedicated to Opens Doors.

Rob Van Raaphorst

(202) 557- 2799


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.


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

Phone: (202) 557-2700