WASHINGTON, D.C. – June 14, 2011 – (RealEstateRama) — The Mortgage Bankers Association (MBA) today announced the nomination of E. J. Burke, Executive Vice President and Group Head of KeyBank Real Estate Capital and Corporate Banking Services, to be its Vice Chair-Elect. Mr. Burke will be elected by MBA members at the Association’s 98th Annual Convention, which will be held in October in Chicago, Illinois. He currently serves as Chair of MBAÃ¢â‚¬â„¢s Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) and is a member of the MBA Board of Directors. An active member of MBA, Mr. Burke has served in a number of leadership positions, including as Chair of MBA’s Investors Council.
“With more than three decades of experience in the mortgage banking business, E.J. is one of our industry’ss most thoughtful leaders,” said MBA Chairman Michael D. Berman, CMB. “As Chair of COMBOG and MBA’s Risk Retention Task Force, he is a major force behind new MBA policies designed to deal with the new reality our members face today. His energy and experience will be of tremendous value to MBA and the industry as we rebuild the single family, multifamily and commercial real estate markets.”
“It is an honor to be nominated to this prestigious position,” said Mr. Burke. “I look forward to working with MBA members and staff to continue our work navigating today’s challenges and moving the industry into a position of growth and strength.”
Before assuming responsibility for the entire Real Estate Capital line of business, he served as head of real estate capital markets for Key. Mr. Burke also served as managing director for Key’s Commercial Mortgage Division. Prior to joining KeyBank, Mr. Burke was president and a founding member of Kansas City-based National Realty Funding, LC which was acquired by KeyCorp in 2000.
Prior to co-founding National Realty Funding in 1997, Mr. Burke was Program Director for Midland Commercial Funding, a division of Midland Loan Services, LP. Prior to joining Midland in 1993, Mr. Burke held various commercial lending positions in Oklahoma City and Kansas City.
Mr. Burke’s nomination was announced at MBA’s Chairman’s Conference, which is held each June.
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.