National MI's Dana Abernathy to Chair the MBA's CMB Society – NMP Skip to main content

National MI's Dana Abernathy to Chair the MBA's CMB Society

National Mortgage Professional
Nov 10, 2015
National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings Inc., has announced that Dana Abernathy, senior account manager, was named chairman of the Mortgage Banker Association’s (MBA’s) Certified Mortgage Banker (CMB) Society

National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings Inc., has announced that Dana Abernathy, senior account manager, was named chairman of the Mortgage Banker Association’s (MBA’s) Certified Mortgage Banker (CMB) Society.

“As a recent CMB graduate myself, I can personally attest to the strength of the program and the importance of the designation, even to someone who has been working in the industry for many years,” said David H. Stevens, CMB, president and CEO of MBA. “The continued strength of the program and growth of the use of the designation relies on the volunteer efforts of industry leaders like Dana.”

The CMB designation is the industry standard of professional success, according to MBA Education. Those who have achieved the CMB designation comprise the CMB Society membership. The Society is governed by a chairman, vice chairman and secretary who serve one -ear terms and are selected by their CMB peers. The Society currently boasts more than 1,200 members representing all areas of the real estate finance industry—commercial and residential mortgage bankers, financial analysts, mortgage insurers, investors and a wide range of CMB consultants.

The mission of the CMB Society is to “advance the professionalism of the real estate finance, industry,” according to MBA. Toward that end, the Society works on behalf of its members and candidates to provide them with the educational and professional resources to assure the preservation and growth of the CMB designation. All CMBs agree to adhere to the MBA code of ethics and to conduct their business affairs with the highest degree of integrity, public service and professional good conduct.

CMB candidates must acquire 150 points earned through a combination of professional experience, secondary education, continuing education through MBA-sponsored events and MBA Education 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.

Since its inception in 1973, the CMB has been the highest professional designation for the real estate finance industry.

“I am very pleased to have been named chairman of the CMB Society,” Abernathy said. “CMB designees inspire other professionals in the mortgage industry to strive for excellence.”

Published
Nov 10, 2015
OpenClose Launches Mobile Assist

OpenClose, a fintech provider of mortgage software solutions for banks, credit unions, and mortgage lenders launched its native mobile app platform, Mobile Assist.

Tech
Dec 07, 2021
Deephaven Heightens Foreign National DSCR Program

Deephaven is amping up its Foreign National DSCR Program as a response to the increase in the real estate investment market.

Non-QM
Dec 07, 2021
Revolution Mortgage Opens Second Mortgage Branch In Cincinnati

Columbus, OH-based Revolution Mortgage announced the opening of its second branch in Cincinnati and 14th branch in Ohio.

Industry News
Dec 06, 2021
Nations Lending Teams Up With NBA Legend Dennis Rodman On Integrated Brand Campaign

Nations Lending, a full-service national mortgage lender, announced the launch of its first integrated brand campaign starring NBA Champion and All-Star Dennis Rodman.

Sales and Marketing
Dec 06, 2021
Black Couple 'Erased Themselves' From Home, Receives Higher Appraisal

Paul Austin and his wife, Tenisha Tate-Austin are looking to take legal action after receiving a higher appraisal on their home only after “white-washing” their home by removing any trace of themselves.

Industry News
Dec 06, 2021
Manufactured Housing: The New Affordable Alternative

While the housing market is grappling with widespread affordability and supply, manufactured homes are gaining ground as a new alternative. 

Industry News
Dec 03, 2021