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HUD proposes rule for late request for endorsement of mortgages for FHA insurance

Jun 21, 2008

MBA's Quinn announces John Courson to be COO as of January 1stMortgagePress.comMBA, Kieran Quinn, John Courson, Kieran P. Quinn, CMB, Chairman of MBA today announced the appointment of John A. Courson, former MBA Chairman, as chief operating officer effective Aug. 1. Quinn also announced that Courson will assume the position of president of MBA effective Jan. 1, 2009. "John Courson brings tremendous industry knowledge, business savvy and political skills to MBA," said Quinn. "John has worked tirelessly on behalf of our industry for more than 40 years. He has been an advocate ensuring safe and affordable housing for all Americans and for simplifying the mortgage process. We are lucky to have John join MBA and steer our association to represent the real estate finance industry as we continue to build America's communities." Courson served as Chairman of MBA in 2003 and served 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. "John has spent over a decade actively engaged in MBA activities at all levels, including a year as our Chairman" continued Quinn. "With that experience, and his over four decades in the industry, I know that John will hit the ground running and MBA will not miss a beat." 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 and currently serves as Chairman of the Board of Directors of the California Housing Finance Agency. For more information, visit www.mortgagebankers.org.
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