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MBA Names Patrick “P.J.” Harrigan as Chair of Mortgage Action Alliance Steering Committee

Washington, D.C. (November 18, 2010) – Patrick “P.J.” Harrigan of Franklin American Mortgage Co. has been named the chairman of the Mortgage Action Alliance Steering Committee, the grassroots advocacy affiliate of the Mortgage Bankers Association (MBA).

Harrigan, CMB, is Franklin American’s regional account manager covering mortgage bankers, credit unions and banks located in Arizona, Wyoming, New Mexico, Colorado, Utah and Nevada.

MBA Chairman Michael D. Berman, CMB, announced Harrigan’s appointment Wednesday.

“P.J.’s hard work and dedication has always been an asset to us and now his leadership is needed more than ever,” Berman said. “The mortgage finance industry is facing some serious challenges and P.J.’s presence is reassuring to me and MBA members across the country.”

The Mortgage Action Alliance (MAA) is a voluntary, non-partisan and free nationwide grassroots lobbying network of real-estate finance industry professionals. It is dedicated to strengthening the industry’s voice and lobbying power in Washington, D.C., and state capitals across America.

“It’s honor to be named chairman of the committee at such an important time for the industry. It’s also a position that I take very seriously,” Harrigan said. “Now more than ever, the industry needs to engage its stakeholders and employees in the advocacy process in Washington and state legislatures.”

Before joining Franklin American in September 2007, Harrigan was western divisional president for the Correspondent Services division of Indymac Bank, FSB. In this role, Harrigan had sales responsibility for correspondent sales in 25 Western states. Prior to joining Indymac, Harrigan spent more than 17 years at Principal Residential Mortgage, Inc.

A native of Fort Dodge, Iowa, Harrigan earned his undergraduate degree at Iowa State University and his master’s degree in public administration from Drake University. He is a Certified Mortgage Banker, a graduate of MBA’s School of Mortgage Banking and is a member of its Future Leaders Program’s Class of 2001. In addition to the Mortgage Action Alliance, Harrigan is a member of MBA’s MORPAC and Loan Production Committee. He lives with his family in Scottsdale, Ariz.

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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