Still Named New Chair and MBA Welcomes New Board at 99th Annual Convention – NMP Skip to main content

Still Named New Chair and MBA Welcomes New Board at 99th Annual Convention

NationalMortgageProfessional.com
Oct 22, 2012

Debra W. Still, CMB, president and CEO of Pulte Mortgage LLC, has been sworn in as the 2013 chairman of the Mortgage Bankers Association (MBA) at the association’s 99th Annual Convention & Expo in Chicago. As chairman, a top item on Still’s agenda is to lead collaboration within the industry and with policymakers to restore vibrant real estate markets that will help build thriving neighborhoods across the country, creating jobs and fueling economic growth. “MBA is the leading voice in Washington, D.C., representing the diverse business interests of its members and their customers,” said Still. “In the coming year, our members will continue to face change that transforms the way we do business and MBA must be a forward-looking force for that change, both within the industry and within the policymaking arena. We have a rare opportunity to create a positive legacy for real estate lending in this country and I am looking forward to actively shaping the policies and practices that will define our businesses, and our customers’ experiences, going forward.” In addition to Still, MBA members also elected E.J. Burke, executive vice president and group head of KeyBank Real Estate Capital and Corporate Banking Services, as chairman-elect of MBA; while Bill Cosgrove, CMB, president and CEO of Union National Mortgage Company, was elected vice chairman. All three officers will serve for the 2012-2013 membership year. An active MBA member for more than a decade, Still has served on MBA's Strategic Planning Committee and chaired both MBA’s Council on the Future of Residential Mortgage Servicing in the 21st Century and the MBA Forward Task Force. She has also been a member of MBA's Loan Origination Task Force, Affordable Housing Committee and the Secondary and Capital Markets Committee. She recently served as Chair of MBA's Residential Board of Governors (RESBOG) and is a member of the association's Board of Directors. Still has served as Chairman-elect of the MBA since October 2011. Still has more than three decades of experience in the mortgage industry. She joined Pulte Mortgage in 1983 as vice president/branch manager for the Maryland Division and subsequently held that position in the Dallas/Ft. Worth Division. In June 1997, she was promoted to executive vice president of production, and in October of that year was appointed to the Pulte Mortgage board of directors and named corporate secretary. In 1999, she became CEO and in August 2004 was appointed president and CEO. Still is a graduate of Ithaca College, Ithaca, N.Y., with a Bachelor of Science degree and has completed graduate work in Finance at George Washington University, Washington, D.C. Burke recently served as Chairman of MBA's Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) and is a member of the association’s Board of Directors. He serves as Chair of the COMBOG Risk Retention Task Force and is a former Chair of the COMBOG Investor Council. Burke has more than three decades of experience in the mortgage industry. Before assuming responsibility for the entire real estate capital line of business, he served as head of real estate capital markets for KeyBank. Burke also served as managing director for Key's Commercial Mortgage Division. Prior to joining KeyBank, he was president and a founding member of Kansas City-based National Realty Funding LC which was acquired by KeyCorp in 2000. Prior to co-founding National Realty Funding in 1997, Burke was program director for Midland Commercial Funding, a division of Midland Loan Services LP. Prior to joining Midland in 1993, Burke held various commercial lending positions in Oklahoma City and Kansas City. A Certified Mortgage Banker (CMB) and a longtime and active MBA member, Cosgrove has served as a member of MBA's Board of Directors, on MBA's Legislative Steering Committee and on its Residential Board of Governors (RESBOG) Advisory Committee. During the 2009-2010 election cycle, he served as Chairman of MORPAC, the industry's political action committee, raising more than $1 million to bolster MBA's advocacy efforts. Cosgrove was the 2011 recipient of MBA’s Burton C. Wood Legislative Service Award, given annually to an MBA member in recognition of his or her sustained superior service to the association and the real-estate finance industry as a whole. He has also served as chairman of MBA’s GSE Repurchase Request Task Force and was co-chairman of the Loan Originator Qualification Task Force. In addition, Cosgrove has served as president of the Ohio MBA. After joining Union National in 1994, Cosgrove was named company president just three years later. He then went on to purchase Union National in 1999. The company will close over $1 billion in lending this year. In 2000, Cosgrove was recognized on Crain’s Cleveland Business “40 under 40” list. In 2003 he was inducted into the Bedford High School (Ohio) Hall of Fame.  Cosgrove has testified for the industry before Congress and the Ohio State House. Cosgrove started his career as a loan officer and has over 26 years experience as a mortgage banker. MBA members also elected its Board of Directors for the 2013 membership year in Chicago as well. The new members of the Board are: ►William C. Emerson, Quicken Loans ►Christopher George, CMG Financial ►Michael J. Heid, Wells Fargo Home Mortgage ►Michael S. Malloy, Bank of America Home Loans ►William J. McCue, McCue Mortgage Company ►Brian Lancaster, RBS ►Rodrigo Lopez, CMB, Amerisphere Multifamily Finance LLC ►Saiyid T. Naqvi, PNC Mortgage ►Kurt Pfotenhauer, First American Title Insurance Company ►David A. Roberts, CMB, Grandbridge Real Estate Capital LLC ►William M. Walker, Walker & Dunlop LLC Members remaining on the Board of Directors are: ►Daniel Arrigoni, U.S. Bank Home Mortgage ►Debra W. Still, CMB, Pulte Mortgage LLC ►E.J. Burke, KeyBank Real Estate Capital ►William Cosgrove, CMB, Union National Mortgage Co. ►Dale Dykema, T.D. Service Company ►Elliot Jacobs, First Fidelity Capital Markets ►J. David Motley, CMB, Colonial National Mortgage ►Joseph R. Reppert, CoreLogic ►Robert Stout, Q10 Capital, LLC ►David H. Stevens, Mortgage Bankers Association (ex-officio member) ►Brian F. Stoffers, CMB, CBRE Capital Markets ►G. Todd White, CMB, Arvest Mortgage Company ►Michael W. Young, Cenlar FSB (Immediate Past Chairman)
Published
Oct 22, 2012