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MBA Education, the educational initiative of the Mortgage Bankers Association (MBA), has presented Kathleen Armstrong, CMB, with its E. Michael Rosser, CMB, MBA Education Lifetime Achievement Award. “Kathleen is a seasoned mortgage banker with decades of experience,” said Bill Cosgrove, MBA Chairman. “She rose professionally at a time when it was necessary to learn virtually every aspect of the industry, from originating and underwriting to servicing and marketing. That impressive base of knowledge is what made Kathleen a perfect instructor for MBA’s School of Mortgage Banking, a position she held for more than a quarter of a century. Kathleen is responsible for helping hundreds of mortgage bankers hone their skills, and she remains active in the Society of Certified Mortgage Bankers. It is with great pleasure that MBA presents its ‘E. Michael Rosser, CMB, MBA Education Lifetime Achievement Award’ to Kathleen Armstrong, CMB.”
A graduate of Northeastern University with a degree in real estate finance, Armstrong was a 42-year employee of Shawmut Bank (now Bank of America). She rose within Shawmut from a clerical position in special checking in 1953 and eventually retired from the commercial real estate syndicating and participation division of the bank. In 1974, she was recruited into the bank's officer training program and attended her first MBA convention two years later. She has held numerous leadership positions on various committees at MBA and received her CMB designation in 1985. She has taught at MBA’s School of Mortgage Banking for nearly 28 years and is a member of the Master Faculty.
The E. Michael Rosser MBA Education Lifetime Achievement Award is presented to an individual who has shown outstanding service to the Association, Certified Mortgage Bankers Society and the real estate finance industry.