WASHINGTON, D.C. – (RealEstateRama) — The Mortgage Bankers Association (MBA) has announced that Eduardo “Eddy” Perez, CMB, President of Equity Prime Mortgage, LLC, has been appointed chairman of the Mortgage Bankers Association Political Action Committee (MORPAC) for the 2019-2020 election cycle.
Mr. Perez was appointed by Chris George, MBA’s 2019 Chairman and Founder, President and CEO of CMG Financial; and Brian Stoffers, CMB, MBA’s 2019 Chairman-Elect and Global President, Debt & Structured Finance, at CBRE. Mr. Perez will succeed Rick Arvielo, CEO of New American Funding, who served as MORPAC Chairman for the 2017-2018 election cycle.
“MORPAC could not be better positioned with Eddy as the new Chairman,” said George. “His work ethic, commitment to the industry, and strong understanding of fundraising will ensure MORPAC is successful over this next election cycle.”
“I also want to thank Rick Arvielo for his service as MORPAC Chairman and acknowledge that MORPAC set another program record, raising over $2.1 million in the 2018 election cycle,” said George. “Without Rick’s leadership, MORPAC would not have been able to reach this important milestone.”
Mr. Perez is Co-Founder of Equity Prime Mortgage, LLC, and is a seasoned professional with experience holding multiple executive level positions. He has personally closed over 3,000 loans since entering into the mortgage business. As President, his responsibilities include overseeing sales, the company’s growing diversity initiative, capital markets, finance and marketing. He currently sits on MBA’s Board of Directors, MBA’s Residential Board of Governors (RESBOG), and the Mortgage Action Alliance (MAA) Steering Committee. He has been deeply involved in MBA’s Future Leaders program and makes it his duty to involve his peers and colleagues in MBA’s overall advocacy efforts.