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Pete Mills to Lead MBA’s Residential Policy and Member Services

WASHINGTON, D.C. – September 17, 2012 – (RealEstateRama) — David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), today announced the appointment of Pete Mills as Senior Vice President, Residential Policy and Member Services, effective October 1, 2012. In this position, Mr. Mills will lead efforts to enhance MBA’s residential member engagement, retention and recruitment while adding additional strength to MBA’s renowned policy team.

Mr. Mills is an experienced financial services industry executive with more than 25 years of expertise in public affairs, government relations, public policy and research, all in the housing and mortgage finance arena. Most recently, Mr. Mills has been serving as Managing Director of Mortgage Banking Initiatives, Inc. a consulting and public policy organization that represents the interests of companies and coalitions involved in the housing and mortgage finance industries.

“Pete is a superb addition to the MBA leadership corps. He brings decades of industry experience and has long-standing relationships with MBA members making him a natural choice for this job.” said MBA’s President & CEO David H. Stevens.

“Additionally, MBA’s national efforts will be bolstered with state and local MBA organizations by an enhanced commitment to develop strong, productive working relationships with them to foster effective grassroots advocacy, policy coordination and membership growth.” Stevens added.

During his career, Mr. Mills lead corporate public affairs with Countrywide Financial, managed trade association policy advocacy with the California Mortgage Bankers Association and the California Association of Realtors, and conducted housing policy research with the Federal Reserve Board.

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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 2,200 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.

Contact:
John Mechem (202) 557-2924