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David H. Stevens, president and chief executive officer of the Mortgage Bankers Association (MBA) has announced that Thomas Kim will be promoted to head the association's Commercial/Multifamily Group, replacing Gail Cardwell who informed MBA in early January that she will be leaving at the end of February. Kim’s appointment as senior vice president of Commercial/Multifamily will be effective March 1, 2014.
“I can’t think of anyone more qualified and adept to head MBA's Commercial/Multifamily Group than Tom Kim," said Stevens. “He has a wealth of experience, not just in law and policy impacting the commercial/multifamily industry, but also in managing and working closely with MBA members and stakeholders. I have the utmost confidence that Tom will be successful in this new role. Let me also take this opportunity to thank Gail Cardwell for her leadership with MBA that delivered outstanding results for our members. Her dedication and service to the industry and our association for more than 20 years are deeply appreciated and we wish her well in her future endeavors."
Kim currently serves as MBA’s senior vice president of Commercial/Multifamily Policy, managing MBA’s public policy activities that impact the commercial/multifamily finance industry. Prior to joining MBA in 2011, Kim served as associate general counsel at Freddie Mac, advising the company on a broad range of legal, regulatory and public policy matters. Previously, he was in-house counsel at the Investment Company Institute, where he focused on legislative and regulatory matters affecting mutual funds, investment management, and public policy governing retirement savings and investments. In a volunteer capacity, Kim is a co-founder and board member of a non-profit organization that combats human trafficking and promotes economic development in developing countries.
Kim received his BA summa cum laude from the University of California, Irvine, J.D. from the UCLA School of Law where he served as a law review editor, and LL.M. with distinction from the Georgetown Law Center.