MBA’s Future Leaders Program Graduates 57 Residential and Commercial/Multifamily Real Estate Finance Professionals

 

Sabine Browning

SAN DIEGO, CA (Oct. 20, 2015) – The Mortgage Bankers Association (MBA) today recognized a total of 57 mortgage professionals -- 34 from the residential market segment and 23 from the commercial/multifamily market segment -- in a graduation ceremony for MBA’s Future Leaders Program held at MBA's  Annual Convention & Expo in San Diego, California.

Congratulations to the following graduates of the residential program:

Rebecca Almstrom, AMP, Wells Fargo Home Mortgage

Jason Bateman, BBVA Compass

Erin Bittenbender, PHH Mortgage

Sabine Browning, Colonial Savings, F.A.

Christina Bute, Chase

Larry Cappelletti, Alliance Home Loans

Matt Coles, Plaza Home Mortgage, Inc.

John Collins, Lake Michigan Credit Union

Michael Day, Censlar FSB

Erin Dee, Legacy Mutual Mortgage

Thomas Dowell, BuckleySandler, LLP

Mimi Eaton, United Guaranty Corporation

Adam Galbraith, PrimeLending

Christina Bute

Sherry Graziano, SunTrust Bank

Pamela Jenkins, Ameripro Funding, Inc.

Jamel King, SunTrust Mortgage, Inc.

Darlene Lee, Citibank, NA

Julie Mabie, SunTrust Mortgage, Inc.

Alec McKinley, Wells Fargo Home Mortgage

Brandon Miller, Essent Guaranty, Inc.

Darin Montgomery, U.S. Bank Home Mortgage

Jeremy Moreno, Optimal Blue, LLC

Rajdeep Nayak, Tavant Technologies

Arash Rassouli, PwC

David Rembert, CMB, AMP, Cornerstone Home Lending, Inc.

Andy Rosales, U.S. Bank Home Mortgage

Lawrence Silver, NewDay Financial, LLC

Todd Smith, U.S. Bank Home Mortgage

Christy Soukhamneut, Starkey Mortgage, LLP

Joseph Souza, Associated Bank

Jarod Temple, Genworth Mortgage Insurance

Scott Tweedy, Putle Mortgage LLC

Daniel Voigt, Comerica Bank- Mortgage Division

John Wadle, Stewart Lender Services 

For more information about the residential Future Leaders Program, visit https://www.mba.org/conferences-and-education/mba-education/leadership-development/future-leaders-program?utm_source=Informz&utm_medium=Email&utm_campaign=mba%2Eorg.

Christie Corallo

Congratulations to the following graduates of the commercial/multifamily program:

Timothy Borel, John Hancock Financial Services

Caleb Coffman, StanCorp Mortgage Investors, LLC

Christie Corallo, Berkadia

Andrew Dale, Prudential Mortgage Capital Company

Kevin Garmon, Situs

J.B. Gerber, Cornerstone Real Estate Advisers

Scott Hay, Bellwether Enterprise Real Estate Capital, LLC

John Heffernan III, NACRDDP

John Hofmann, KeyBank Real Estate Capital

Sharon Karaffa, Fannie Mae

Scott Lewis, CBRE Capital Markets

David Link, NorthMarq Capital, LLC

Andrew Lucca, KeyBank Real Estate Capital

William Mercer, DebtX

Melissa Morris, Berkadia

Mike Pacha, HFF

Mordecai Rosenberg, Greystone Servicing Corporation, Inc.

David Sisom, Wells Fargo Bank, NA

Stephanie Studer, AmeriSphere Multifamily Finance, LLC

Elliott Throne, HFF

Filiz Unal, Freddie Mac Multifamily

Domeica White, Wells Fargo Bank, N.A.

Kevin Williams, Greystone Servicing Corporation, Inc. 

For more information on the Commercial/Multifamily Future Leaders Program, visit https://www.mba.org/conferences-and-education/mba-education/leadership-development/future-leaders-program/commercial/multifamily-future-leaders-program?utm_source=Informz&utm_medium=Email&utm_campaign=mba%2Eorg. 

 For a complete copy of the company’s news release, please contact:

Ali Ahmad

aahmad@mba.org

(202) 557-2727

Meridian Capital Group Arranges $36 Million in CMBS Financing for the Refinancing of The Park at Murano and The Park at Veneto in Fort Myers, FL

Sarah Kuebler

 Carlsbad, CA, Oct. 20, 2015, – Meridian Capital Group, America’s most active debt broker, negotiated two loans totaling $36 million to refinance The Park at Murano and The Park at Veneto, two multifamily properties located in Fort Myers, FL. 

The refinances were negotiated on behalf of a partnership between Blue Rock Partners, LLC, Konover South, and Stonecutter Capital Management, LLC.

The five-year loans, provided by a CMBS lender, feature fixed-rates and 18 months of interest-only, followed by 30-year amortization schedules. 

These transactions were negotiated by Meridian Managing Director, Seth Grossman, and Vice President, Sarah Kuebler, who are both based in the Company’s Carlsbad, CA office.

The Park at Murano and The Park at Veneto are located at 3891 Solomon Boulevard and 4757 Barkley Circle, respectively, and together total 512 units. The properties were purchased 18 months ago, and since then, the sponsors have significantly renovated the properties and meaningfully increased their financial performance. 

Seth Grossman

These improvements allowed loan proceeds to be increased dramatically from the acquisition financings, while locking in interest-only payments at very attractive rates.

“The sponsorship team has done a phenomenal job improving the assets over the 18 months since acquisition and was able to take advantage of liquidity in the capital markets and lock in excellent five-year fixed rate loans,” said Mr. Grossman.

For a complete copy of the company’s news release, please contact:

Jonathan Stern

Meridian Capital Group

212/972-3600

jstern@meridiancapital.com

www.meridiancapital.com

MORPAC Honors Rick Arvielo with the Distinguished 2015 Schumacher-Bolduc Award

  

Rick Arvielo

SAN DIEGO, CA  — The Mortgage Bankers Association Political Action Committee (MORPAC)  awarded Rick Arvielo, CEO New American Funding, with the 2015 Schumacher-Bolduc Award at the association’s Annual Convention and Expo held in San Diego, California.  

The award was given to Mr. Arvielo in recognition of his outstanding work on behalf of MBA’s political advocacy programs and the mortgage lending industry.

“Rick is one of the most dedicated MBA members when it comes to working on behalf of MORPAC and I can think of no one who deserves this honor more,” said MORPAC Chairman Jamie Korus.  “He has personally given time and resources, as well as that of his company's, to make certain MORPAC continues to break its fundraising goals.”

The award is named in honor of two distinguished professionals in MORPAC’s history: Ernest P. Schumacher, founder and first Chairman of MORPAC and Mark P. Bolduc, whose exemplary service as MORPAC Director helped the PAC to become the political force it is today.

This year, Rick led an advocacy campaign at New American Funding that was broadcast to nearly 700 employees. Rick’s leadership raised a record amount for a MORPAC company campaign, and added 75 new enrollees to the Mortgage Action Alliance, bringing their company total to over 350 active members.

Outside of MORPAC, Rick sits on MBA’s RESBOG and also the MORPAC Committee.

 For a complete copy of the company’s news release, please contact:

Rob Van Raaphorst

rvanraaphorst@mba.org

(202) 557-2799

Jim and Judy Deitch, Deitch Family Foundation Presented with Mortgage Banker Association Opens Doors Foundation Community Champion Award

SAN DIEGO, CA (Oct. 20, 2015) – Today, the Mortgage Bankers Association (MBA) announced Mr. and Mrs. Jim and Judy Deitch and the Deitch Family Foundation, are the recipients of the “MBA Opens Doors Foundation Community Champion Award.”  

The award recognizes those who have dedicated significant time and effort to advance the foundation’s mission to enable families with a critically ill or injured child to keep their home, even in the face of significant medical bills.

“I am honored to present the 2015 MBA Opens Doors Foundation Community Champion Award to Jim and Judy Deitch and their foundation,” said Debra Still, CMB, Chairman of the MBA Opens Doors Foundation and President & CEO of Pulte Mortgage.

 “Mr. and Mrs. Deitch have done so much for the Foundation.  Their charitable giving includes a large personal donation, but it has gone far beyond that.  As it turns out, the Deitch family also has ties to the music industry, which they have used creatively to give from the heart."

Debra  Still

Still continued: “Working with a talented singer/songwriter, Jim and Judy have produced and underwritten a beautiful song, ‘Call It Home.’  The song is featured in the video which introduces our mission and all proceeds from its sale on iTunes are contributed to Opens Doors.”

Mr. Deitch is the co-founder and CEO of Teraverde and co-founder of the American Home Bank division of First National Bank of Chester County.  Previously, he was a Chairman, CEO, and co-founder of Keystone National Bank and Keystone Financial Mortgage Corporation, as well as President, CEO and director of Parent Federal Savings Bank.

Opens Doors is currently able to pass 100 percent of the donations it receives on to families in need of assistance. The Foundation's ongoing relationship with Washington, D.C.'s Children's National Medical Center and more recently Children's Hospital Colorado, provides partner organizations to help identify potential grant recipients.

Opens Doors is a 501(c)(3) organization and all contributions are tax deductible.  For more information about the Foundation or to make a donation, please go to www.mbaopensdoors.org.

 For a complete copy of the company’s news release, please contact:

Ali Ahmad

aahmad@mba.org

(202) 557-2727

Mortgage Bankers Association Education Recognizes 17 New Certified Mortgage Bankers

  

Susan Brown

 SAN DIEGO, CA – MBA Education, the award-winning education division of the Mortgage Bankers Association (MBA), recognized 17 individuals who earned the Certified Mortgage Banker (CMB) designation at a ceremony held at MBA’s 102ND Annual Convention & Expo in San Diego, CA. 

Earning one’s CMB is the highest professional honor within the real estate finance industry.

“The knowledge that comes with the CMB accreditation is the most significant component of this honor because it positions one to navigate today’s ever-changing landscape,” said MBA Chairman Bill Emerson. “I applaud this year’s graduates and wish them luck in their continued career advancement.”

MBA Education awarded the following industry professionals with the CMB designation from November 2014 to October 2015:

Commercial CMB Designees

Alan Warren, CMB: Vice President, Q10 Capital, LLC – San Antonio, TX

Retta Gardner

Residential CMB Designees

Michael Bailey, CMB: SVP, Chief Administrative Officer, Yadkin Bank – Greensboro, NC

Susan Brown, CMB, AMP:  SVP, Residential Construction Production Manager, Umpqua Bank – Lake Oswego, OR

Mark A. Deitz, CMB: SVP, Area Sales Manager, EagleBank – Potomac, MD

Faycal Fakhry, CMB, AMP: Vice President, Regulatory Compliance,  Newcourse Communications – Nashville, TN

Michael M. Forester, CMB: Managing Director, CrossCheck Compliance LLC – Chicago, IL

Charles Fues, CMB, AMP: Relationship Manager, Cenlar FSB – Ewing, NJ

Retta Gardner, CMB, AMP: President and CEO, Guaranty Trust Company – Murfreesboro, TN

Mark Harmon, CMB: Vice President, Mortgage Lending, Renasant Bank – Birmingham, AL

Bill Emerson

Robert Loesch, CMB, AMP: Account Manager, Essent Guaranty, Inc. – Carlsbad, CA

John Murphy, CMB: Vice President, Mortgage Lending, Consumers Credit Union – Oshtemo, MI

Ann Christine Ortigara, CMB: Director, CrossCheck Compliance LLC – Chicago, IL

Thanh Pham, CMB: Relationship Manager, Associated Bank – Chicago, IL

David Zitting, CMB:  Chief Executive Officer, Primary Residential Mortgage, Inc. – Salt Lake City, UT

  

 CMB Designees from the Executive Certified Mortgage Banker program

John Bollman, CMB: Executive Vice President, Commonwealth Bank Trust – Louisville, KY

Deborah J. Moore, CMB: Senior Vice President, Capital Markets Cooperative, LLC – Ponte Vedra Beach, FL

David H. Stevens, CMB: President and CEO, Mortgage Bankers Association – Washington, DC

For a complete copy of the company’s news release, please contact:

Rob Van Raaphorst

rvanraaphorst@mba.org

(202) 557-2799

WNC Promotes Wendy Yan to Vice President, Underwriting

   

Will Cooper Jr.

 IRVINE, CA – WNC, a national investor in real estate and community development initiatives, announced that 20-year affordable housing veteran Wendy Yan has been promoted to vice president of underwriting.

“Wendy has a wealth of experience and has shown great commitment to WNC’s mission of protecting and expanding the nation’s limited supply of affordable housing,” said Will Cooper Jr., president and chief executive officer of WNC.

 “She is a well-respected professional with an in-depth understanding of low-income housing tax credits and I couldn’t be happier to announce her new and expanded role.”

Yan joined WNC, a leader in the LIHTC industry, in 2011 as a senior project manager of underwriting and was later promoted to a director of underwriting. Throughout her career, she has been involved in land acquisition and entitlement, due diligence review, financial underwriting/structuring and public and private financing.

Yan earned a bachelor’s degree and a master’s degree from the University of California, Los Angeles.

For a complete copy of the company’s news release, please contact:

Julie Leber

Spotlight Marketing Communications

949.427.5172, ext. 703

julie@spotlightmarcom.com