WASHINGTON, D.C. - - David G. Kittle, (middle left photo) CMB, Chairman of the Mortgage Bankers Association (MBA) announces the appointment of John A. Courson, (top right photo) as MBA's President and Chief Executive Officer effective January 1.Courson, currently serving as MBA's Chief Operating Officer, succeeds Jonathan L. Kempner who in July announced that he would leave MBA effective December 31, 2008.
"John brings to MBA a wealth of experience and industry knowledge, and I am confident in his leadership both in terms of business savvy, political and advocacy skills," said Kittle. "We are fortunate to have John as an integral part of MBA's leadership as we steer our association to represent the real estate finance industry and continue to build America's communities."
Courson has previously served MBA as Chairman in 2003 and as a member of MBA's Board of Directors, the Residential Board of Governors (RESBOG) and the Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG). He has previously served as Chairman of RESBOG, MBA's Legislative Steering Committee, MORPAC MBA's State and Local Liaison Committee and Mortgage Reform Task Force. He has also served as President of the California Mortgage Bankers Association and Michigan Mortgage Bankers Association, and as a Director of the Texas Mortgage Bankers Association.
"I look forward to leading MBA on behalf of its members to stabilize the mortgage market and restore faith in our industry by helping struggling homeowners get help to stay in their homes and making sure the recent mistakes and excesses that landed us in the current difficulty are never allowed to be repeated, all the while ensuring that Americans have the opportunity to have an affordable roof over their head," said Courson.
Courson began his career in mortgage banking working for Kassler & Co. in Denver, Colorado, while attending high school and college. He has served as President and Chief Executive Officer of Central Pacific Mortgage Company, President and Chief Executive Officer of Westwood Mortgage Corporation and as President and Chief Operating Officer of Fundamental Mortgage.
In 2004, Courson was appointed by Governor Arnold Schwarzenegger to the Board of Directors of the California Housing Finance Agency. He was Chairman of the Board prior to coming to MBA.
CONTACT: John Mechem, (202) 557-2924, jmechem@mortgagebankers.org
"I look forward to leading MBA on behalf of its members to stabilize the mortgage market and restore faith in our industry by helping struggling homeowners get help to stay in their homes and making sure the recent mistakes and excesses that landed us in the current difficulty are never allowed to be repeated, all the while ensuring that Americans have the opportunity to have an affordable roof over their head," said Courson.
Courson began his career in mortgage banking working for Kassler & Co. in Denver, Colorado, while attending high school and college. He has served as President and Chief Executive Officer of Central Pacific Mortgage Company, President and Chief Executive Officer of Westwood Mortgage Corporation and as President and Chief Operating Officer of Fundamental Mortgage.
In 2004, Courson was appointed by Governor Arnold Schwarzenegger to the Board of Directors of the California Housing Finance Agency. He was Chairman of the Board prior to coming to MBA.
CONTACT: John Mechem, (202) 557-2924, jmechem@mortgagebankers.org
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