 |
| Rodrigo Lopez |
WASHINGTON, DC - The
Mortgage Bankers Association (MBA) announced the creation of the Task Force for
a Future Secondary Mortgage Market. This
Task Force was created with the objective of developing a proposal that will
address the future of the Secondary Mortgage Market, and in particular, an
end-state model that can also fulfill an affordable housing/duty to serve
mission. The Task Force anticipates completing this proposal by the end of the
year.
Members of this Task Force
are made up of individuals from MBA member companies representing a broad
cross-section of the residential and multifamily real estate finance
industries, including entities of varying sizes and business models.
The Task Force will be chaired by Rodrigo Lopez, CMB, Executive Chairman
of NorthMarq Capital Finance and Chairman-Elect of MBA.
“A strong, sound secondary
mortgage market is paramount to the overall success of the real estate finance
industry. That is why it is of the utmost importance that policymakers and
stakeholders create a strong and stable system that ensures liquidity,
affordable mortgage credit and serves consumers,” said Lopez.
 |
| Angela Mago |
In addition to Lopez,
members of the Task Force for a Future Secondary Mortgage Market include:
David Battany, Guild
Mortgage Company
Scott Bassin, PNC Real
Estate
Jon Baymiller, NYCB
Mortgage Company, LLC
Teresa Bryce Bazemore,
Radian Guaranty Inc
Keith Bickel, Bank of
America Home Loans
Byron Boston, Dynex
Capital, Inc.
Jeff Bode, Mid America
Mortgage, Inc.
Michael Bright, PennyMac
Financial Services, Inc.
Pete Carroll, Quicken
Loans, Inc.
Hank Cunningham, First
Mortgage Company, LLC
Denise DesRosiers, JP
Morgan Chase
Peter Donovan, CBRE
Capital Markets
 |
| Teresa Bryce Bazemore |
David Durning, Prudential
Mortgage Capital Company
Tari Flannery, M&T
Realty Capital Corporation
Raghu Kakumanu, Wells
Fargo Home Mortgage
Angela Mago, KeyBank Real
Estate Capital
Mike May, Cantor
Commercial Real Estate
Tom Millon, Capital
Markets Cooperative, LLC
A.W. Pickel, III,
LeaderOne Financial Corporation
Julie Piepho, Cornerstone
Home Lending, Inc.
Pat Sinks, Mortgage
Guaranty Insurance Corporation (MGIC)
Debra Still, Pulte
Mortgage LLC
Bob Stout, Q10 Capital,
LLC
For a
complete copy of the company’s news release, please contact:
Rob van Raaphorst
(202) 557-2799
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