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| Michael Fratantoni |
WASHINGTON, DC– David
H. Stevens, President and CEO of the Mortgage Bankers Association (MBA)
announced today that Michael Fratantoni, currently MBA’s Vice President,
Single Family Research and Policy Development will be appointed Chief Economist
and Senior Vice President, Research and Industry Technology, reporting directly
to MBA’s President and CEO David Stevens.
Mr. Fratantoni will succeed Jay Brinkmann, and his
appointment will be effective February 1, 2014.
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| Jay Brinkmann |
Mr. Fratantoni will bring two decades of industry experience
to his new position. In his current
position, he serves as Brinkmann’s top deputy on residential real estate and
economic issues, managing MBA's industry surveys, economic and mortgage
originations forecasts, industry technology efforts, and policy development
research for issues impacting single-family lending.
He is also Executive
Director of MBA's Research Institute for Housing America (RIHA) and President
of the Mortgage Industry Standards Maintenance Organization (MISMO).
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| David H. Stevens |
“Mike has been an invaluable resource to MBA and its members
as we try and navigate an ever-changing industry and economic environment,”
said Stevens. “Mike’s ability to
compile and analyze data and apply it to complex public policy discussions has
been a major factor in MBA effectively representing its members as policymakers
implement many post-crisis reforms.
“His work has enabled us to make fact-based arguments about
the impact of proposed rules, arguments that were critical in improving many of
the Dodd-Frank reforms during the notice and comment period."
For a complete copy of the company’s news release, please
contact:
John Mechem
(202) 557-2727
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