The Mortgage Bankers Association (MBA) has announced Garry Cipponeri, SVP of Chase in Iselin, N.J., as chairman of its Residential Board of Governors (RESBOG) and, David Motley, CMB, president of Colonial National Mortgage in Fort Worth, Texas as vice chair of RESBOG. RESBOG is the governing body for MBA's single-family residential members, responsible for establishing legislative and regulatory policies and positions on residential lending issues.
"Garry and David will provide excellent leadership for RESBOG as it sets MBA policy for the myriad of issues that residential mortgage lenders will face in the coming year," said MBA Chairman Michael W. Young. "Their dedication and commitment to MBA has made them respected leaders in our industry."
Cipponeri and Motley presently sit on MBA's board of directors, and both have been active MBA members and served on several committees. Garry was previously chair of the Secondary and Capital Markets Committee and continues to be a member of MBA's Council on Ensuring Mortgage Liquidity. David is a member of MBA's Council on Residential Mortgage Servicing for the 21st Century.
MBA also named the newly elected members of RESBOG. The new members are:
►Steve M. Abreu of GMAC Mortgage Operations in Fort Washington, Pa.
►Jon K. Baymiller of NYCB Mortgage Company in Cleveland, Ohio
►E.J. Burke of KeyBank Real Estate Capital & Corporation Banking Services in Cleveland, Ohio
►Don G. Calcaterra, CMB, AMP of Towne Mortgage in Troy, Mich.
►Bill Cosgrove, CMB of Union National Mortgage in Strongsville, Ohio
►Donna DeMaio of MetLife Home Loans in Bridgewater, N.J.
►Luke S. Hayden of PHH Mortgage in Mount Laurel, N.J.
►Robert D. Lewis of Fifth Third Mortgage in Cincinnati, Ohio
►Phil R. Mahoney of American Security Mortgage Corporation in Charlotte, N.C.
►William J. McCue of McCue Mortgage Company in New Britain, Conn.
►Mary O'Donnell of Westcor Land Title Insurance Company in Winter Park, Fla.
►Kurt Pfotenhauer of First American in Oakton, Va.
►Patrick Sinks of MGIC Milwaukee, Wis.
►Eric P. Stoddard of Wells Fargo Home Mortgage in Laguna Niguel, Calif.
MBA's returning members of RESBOG are:
►Gary Acosta of Prado Mortgage in San Diego
►James G. Carter of SunTrust Mortgage Inc. in Richmond, Va.
►Garry Cipponeri of Chase in Iselin, N.J.
►Hank Cunningham Jr., CMB of Cunningham & Company in Greensboro, N.C.
►James H. Danis II, CMB, AMP of Residential Mortgage Corporation in Fayetteville, N.C.
►James M. Deitch, CMB of American Home Bank NA in Mountville, Pa.
►William C. Emerson of Quicken Loans Inc. in Detroit
►Robert Gaither of Bank of America Home Loans in Charlotte, N.C.
►David H. Katkov, PMI Mortgage Insurance Co., Walnut Creek, CA
►Stewart Larsen, CMB, Bank of the West, Omaha, NE
►Marla Mayne, U.S. Bank Home Mortgage, Minneapolis, MN
►Michael McQuiggan, Tri-Emerald Financial Group, Lake Forest, CA
►Samuel B. Morelli, CMB, WestStar Mortgage Inc., Chadds Ford, PA
►David Motley, CMB, Colonial National Mortgage, Fort Worth, TX
►Debra W. Still, CMB, Pulte Mortgage LLC, Englewood, CO
►Jimmy Timmons, Universal American Mortgage, Miami, FL
►Gregory S. Tornquist, Cenlar FSB, Ewing, NJ
►G. Todd White, CMB, Avrest Mortgage Company, Lowell, AR
►Dena L. Yocom, CMB, imortgage.com Inc., San Diego, CA
►Michael W. Young, Cenlar FSB, Ewing, NJ
MBA's Residential Committee Chairs serving on RESBOG:
►Financial Management: Jennifer Simons, PNC Financial Services Group Inc.
►Legal Issues, Quality Assurance and Regulatory Compliance: Carol Dubie, Wells Fargo
►Loan Administration: Ray Barbone, BankUnited
►Residential Loan Production: Michael McQuiggan, Tri-Emerald Financial Corp.
►Secondary and Capital Markets: Julie Messina, CNN Mortgage
►State Legislative and Regulatory: John V. Konyk, Weiner Brodsky Sidman Kider PC