CampusMBA, the award-winning education division of the Mortgage Bankers Association (MBA), graduated nine Certified Mortgage Bankers (CMB) at a ceremony held at the association's recent 99th Annual Convention & Expo in Chicago. The CMB designation is the highest professional honor within the real estate finance industry. The nine CMBs who received their designations will join a group of more than 1,200 industry professionals who have proven their commitment to excellence within the mortgage banking industry.
“I want to congratulate each of these industry professionals for achieving their CMB today,” said MBA Chairman Debra W. Still, CMB. “Those who carry the CMB designation are looked upon with respect in our industry and as a CMB myself, I know the dedication it takes to earn it. Now more than ever, competency matters. I applaud these graduates for investing in higher levels of job knowledge in real estate finance.”
CMB candidates must acquire 150 points earned through a combination of professional experience, secondary education, continuing education through MBA-sponsored events and CampusMBA courses, as well as participation in MBA at the local, state and/or national level. After accumulating the required points and passing a comprehensive written exam, candidates must demonstrate industry knowledge by passing an oral exam conducted by a panel of CMBs.
"The CMB program is the gold standard in professional excellence for the real estate finance industry," said Jeffrey Schummer, MBA's VP of education. "Each of this year’s graduates leaves here better equipped to serve our industry and I join Chairman Deb Still in congratulating each of them."
Candidates have the option of choosing among the Commercial CMB, Residential CMB or Master CMB designations. The Master CMB is a combination of both commercial and residential mortgage banking disciplines, while the Residential CMB and Commercial CMB focus on their respective subfields of the mortgage industry.
In June 2009, MBA launched the Executive Certified Mortgage Banker program. Designed for busy professionals, the program allows candidates to substitute their real-world knowledge and experience for many of the educational requirements of the CMB program.
In order to be eligible for the CMB designation, candidates must either work for an MBA member company or be a member of a recognized state MBA. Every candidate for an Executive CMB is required to have a minimum of 10 years of experience in real estate finance and hold a senior management position at an MBA member company.
CampusMBA awarded the following industry professionals with the CMB designation from November 2011 to October 2012:
Commercial CMB Designees
►Thomas Bernaciak, CMB, Chief FHA Underwriter, First Housing Development, Tampa, Fla.
►Cristofer Brown, CMB, Commercial Mortgage Asset Manager, Summit Investment Advisors, Lincoln, Neb.
►Thomas Cooley, CMB, Senior Vice President, CB Richard Ellis, Atlanta, Ga.
►Bradley Joyner, CMB, Vice President, Mississippi Home Corporation, Jackson, Mich.
►Jay Pittard, CMB, President, EaseCap Holdings, Inc., Green Mountain, N.C.
Residential CMB Designees
►Michael Curtis, CMB, Vice President, SEFCU Services LLC, Ballston Lake, N.Y.
►Albert Gabri, CMB, Vice President, Bank of America Home Loans, Woodland Hills, Calif.
►Dennis Matthew Kave, CMB, AMP, Vice President, SunTrust Mortgage, Richmond, Va.
►Marcia Wilson, CMB, AMP, Vice President, Colonial National Mortgage, Fort Worth, Texas
►Michael Barrett, CMB, AMP, Director of Product Strategy, Discover Financial Services, Riverwoods, Ill.
►Kyle Bensen, CMB, Business Partner Manager, Mortgage Guaranty Insurance Corporation, Port Washington, Wis.
►Scott Brader, CMB, President, Concord Mortgage Group, Lewis Center, Ohio
►Sheila Klosterman, CMB, Risk Manager, Genworth Mortgage Insurance, Arlington Heights, Ill.
►F. Allen Maulsby, CMB, Chief Operating Officer, Colonial National Mortgage, Fort Worth, Texas
►Faith Murphy, CMB, Manager, Customer Development, Clear Capital, Truckee, Calif.
►Leonard Patton, CMB, Vice President, PHH Mortgage, Mount Laurel, N.J.
►Rosemarie Wolfe, CMB, Vice President, Wells Fargo Home Mortgage, Fort Mill, S.C.
CMB Designees from the Executive Certified Mortgage Banker program
►Howard Ackerman, CMB, AMP, Senior Vice President, Fifth Third Mortgage, Chicago, Ill.
►Andrew Morsink, CMB, Vice President, Chase, Columbus, Ohio
►Alexander Shreeve, CMB, Director of Sales Execution, PHH Mortgage, Mount Laurel, N.J.