WASHINGTON, D.C. – April 5, 2011 – (RealEstateRama) — The Mortgage Bankers Association (MBA) today announced the promotion of Jim Gross to Vice President of Financial Accounting and Public Policy. In this capacity, he will advise Steve Oâ€™Connor, MBAâ€™s Senior Vice President of Public Policy and Industry Relations on emerging industry policy issues and assist in setting strategic priorities.
Gross will also continue to be responsible for managing the development and implementation of MBAâ€™s strategy on legislative, regulatory, and industry issues in the areas of financial accounting, tax policy, and bank regulations of interest to MBAâ€™s members and will coordinate with MBAâ€™s Commercial/Multifamily division on cross-cutting accounting and bank regulatory issues.
â€œJimâ€™s extensive industry experience is an invaluable asset to the organization as we move forward with key policy issues,” said John A. Courson, MBAâ€™s President and Chief Executive Officer. â€œJim has been critical in the accounting, bank regulatory and tax policy work on behalf of MBA and our members during this important period for our industry.â€
Gross joined MBA in 2008 from NetBank, Inc., where he was Chief Financial Officer. He has 10 years of â€œBig Fourâ€ accounting experience including functioning as a mortgage banking specialist for Deloitte. His background also includes prior CFO positions at New America Mortgage, IndyMac, and J.I. Kislak Mortgage.
Gross is a Certified Public Accountant and received his MBA from Rutgers University and B.A. in Economics from Ohio Wesleyan University.
The appointment is effective immediately.
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.