ACUMA President Bob Dorsa to Retire

Sep 26, 2018

Bob Dorsa, the Founder and President of the American Credit Union Mortgage Association (ACUMA), has announced that he will be retiring in January 2020.

Dorsa founded the Las Vegas-headquartered ACUMA in 1996 and will focus on the organization’s events during the transition period before the leadership role is passed on to Tracy Ashfield, who has been an organizational consultant at ACUMA since 2000. Ashfield also runs Ashfield and Associates, a consulting and training firm that assists credit unions with mortgage lending strategies, and was previously senior executive for mortgage development at CUNA Mutual.

“Bob is a well-known credit union leader and ACUMA founder, and his 40 years of contributions to credit unions and CUSOs have been substantial,” said Pam Davis, Board Chairman for ACUMA. “During his 22 years of service at the helm of ACUMA, Bob managed all facets of our business. He ran our events and meetings, as well as our business operations. We thank Bob for his service, dedication and commitment to our members, and we are pleased he is staying on beyond January 2020 to ensure a smooth transition.”

About the author

Phil Hall

Link copied

Published

Sep 26, 2018

Operations

Fairway Acquires Hallmark Home Mortgage Through Asset Purchase

Hallmark to become new Fairway division, gets access to Fairway's Fairway's product portfolio, tech, and support resources

Fairway Independent Mortgage Corporation, one of the largest retail mortgage lenders in the U.S., has agreed to acquire Hallmark Home Mortgage. Terms of the transaction were not disclosed, but Fairway will purchase “significant assets” of Indiana-based Hallmark, whic...

Regulation and Compliance

Trigger Leads Bill Clears Senate

Final push now left to House; reconciled bill needed next

The U.S. Senate has passed the Homebuyers Privacy Protection Act (S. 1467), bringing the mortgage industry one step closer to curbing the controversial use of mortgage trigger leads. The Mortgage Bankers Association (MBA) applauded the June 12 vote, which follows earlier pro...