The Mortgage Bankers Association (MBA), parent corporation of the Mortgage Industry Standards Maintenance Organization (MISMO), appointed Peter Carroll to the MISMO board of directors.
“On behalf of MISMO, I would like to congratulate Peter on becoming the newest member of our Board of Directors,” said Michael Fratantoni, MISMO President and MBA chief economist and senior vice president, Research and Industry Technology. “Peter has experience with many aspects of the mortgage industry, including working at a lender, software vendor and regulator. MISMO looks forward to Peter’s contributions.”
Carroll is senior vice president, Capital Markets at Wells Fargo & Co. where he provides leadership and expertise responding to changes in the asset sales environment including, Government Sponsored Entities (GSE) reform and public policy and regulatory changes in the secondary market. Prior to Wells Fargo, Peter was assistant director of the Office of Mortgage Markets at the Consumer Financial Protection Bureau (CFPB). At CFPB, Carroll led a team responsible for monitoring and analyzing markets for mortgage related products and services as well as assessing the impact of mortgage rulemaking on providers, consumers, and other stakeholders. Carroll provided market insight and leadership throughout the development of the CFPB's Dodd-Frank Title XIV rulemaking. Prior to joining the CFPB, Carroll was co-founder of Overture Technologies, a provider of credit risk management services and Internet-based marketplaces that assist consumers to easily shop for and secure lending products. Carroll has also worked for the management consulting firms Price Waterhouse, LLP and KPMG Peat Marwick, LLP.
Carroll joins the following members of the MISMO board of directors: Steve Gozdan, chief financial officer of Cenlar FSB; Tom Fink, senior vice president and managing director of Trepp, LLC; Joanne Denver; managing director, Cornerstone Real Estate Advisers, LLC; Gabe Minton, senior vice president and chief technology officer of PHH Mortgage; Linglong He, chief information officer of Quicken Loans Inc; Joshua Weinburg, senior vice president for compliance, First Choice Loan Services, Inc; Eddy Wetsel, director of operations for Real Estate Lending at USAA Federal Savings Bank; Harry Gardner, vice president at Ellie Mae, and Mike Fratantoni, president of MISMO and chief economist, senior vice president, research and industry technology, Mortgage Bankers Association.