The Mortgage Bankers Association (MBA) announced the election of Michael D. Berman as the 2011 Chairman at the association’s 97th Annual Convention & Expo in Atlanta on Monday.
Berman currently serves as the Chief Executive Officer of CWCapital in Needham, MA, as well as the MBA’s Board of Directors of the Commercial Real Estate Finance Council and the Board of MBA and the Commercial/Multifamily Board of Governors (COMBOG).
As Chairman, a top item on Berman’s agenda is for MBA to continue to play its leadership role in redesigning the Government Sponsored Enterprises (GSEs).
“I am honored to serve our industry as MBA’s 2011 Chairman,” said Berman. “I look forward to working with MBA’s members, board of directors and its dedicated staff to ensure the association remains on the forefront of the major issues facing our industry today. MBA will continue to lead the battle to restructure GSEs with private capital and a new, clearly defined, but limited government role in guaranteeing mortgage-backed securities.”
The MBA also announced that Michael W. Young as Chairman-Elect, who is the Chairman of the Board of Cenlar FSB in Ewing, NJ.
Debra W. Still, CMB, was elected as Vice Chairman and brings three decades of experience in the mortgage industry and is President and Chief Executive Officer of Pulte Mortgage LLC in Englewood, CO.