Brian Stoffers Sworn in as 2020 MBA Chairman
Subscribe

Brian Stoffers Sworn in as 2020 MBA Chairman

November 1, 2019
The Mortgage Bankers Association (MBA) has hired Ethan Saxon as associate vice president of legislative affairs
Brian Stoffers, CMB, global president, debt and structured finance at CBRE, has been sworn in as chairman of the Mortgage Bankers AssociationBrian Stoffers (pictured right), CMB, global president, debt and structured finance at CBRE, has been sworn in as chairman of the Mortgage Bankers Association (MBA). Stoffers has been an active MBA member for more than 25 years, holding several leadership positions within the organization. He currently serves on MBA's Executive Committee, is chairman of the Audit Committee, and co-chair of the GSE Reform Committee. Most recently, he served as 2019 chairman of MBA's Diversity and Inclusion Committee. In addition, Stoffers previously served on the Commercial Real Estate/Multifamily Finance Board of Directors (COMBOG), and is the former chairman of the Task Force on GSE Reform and Capital Markets Committee.
 
Susan Stewart, CEO at SWBC Mortgage and Kristy Fercho, president of Mortgage at Flagstar Bank, were also sworn in as chairman-elect and vice chairman, respectively.
 
“I am honored to serve as MBA’s 2020 Chairman and I am excited for the year ahead,” said Stoffers. “I look forward to working with Susan and Kristy to help MBA be successful and ensure that our members’ needs and issues are well served.”
 
Susan Stewart, CEO at SWBC Mortgage was named chairman-elect of the MBAStewart (pictured left) joined SWBC in 1989, and under her leadership, SWBC Mortgage has grown from three employees to 615 individuals operating in 39 states, with annual sales of $3 billion and a servicing portfolio exceeding $10 billion. She currently serves as a member of MBA's board of directors, sits on MBA's Residential Board of Governors (RESBOG), and is on the board of the MBA Opens Doors Foundation (ODF). In addition to serving on ODF's board, both Stewart and SWBC Mortgage have been recognized as Guardian-level donors of the organization.
 
Kristy Fercho, president of Mortgage at Flagstar Bank, was sworn in as vice chairman of the MBAFercho (pictured right) joined Flagstar Bank in 2017 after 15 years with Fannie Mae, where she served as senior vice president, customer delivery executive, responsible for the strategy and business performance of all single-family customers in the western United States. Prior to Fannie Mae, she worked for PepsiCo and Baxter Healthcare. Fercho currently serves as a member of MBA's board of directors and sits on MBA's Audit Committee, as well as RESBOG. She is also on the board of the Detroit Zoological Society and CityYear, and is a past president of the board of Habitat for Humanity, Chicago.
 
Stoffers will chair the board of directors, which consists of 35 elected members and one ex-officio member, the MBA president and Chief Executive Officer Bob Broeksmit, CMB. MBA directors represent its commercial/multifamily, residential and associate membership. The Board sets the strategic direction for MBA and oversees management of the association’s affairs.
 
“2020 is shaping up to be a busy year full of regulatory and legislative activities impacting our industry,” said Stoffers. “I look forward to working with MBA’s board of directors to lay out a strategy to ensure the association is aligned with, and working in, the best interests of its members.”
 
The new members of MBA's board of directors are:
►Laura Escobar, Eagle Home Mortgage LLC
►Marla Guillaume, Century Mortgage Company
►John M. Hedlund, AmeriHome Mortgage Company
►Mary Ann McGarry, Guild Mortgage Company
►Gary Otten, MetLife Inc.
►Kurt Pfotenhauer, First American Title Insurance Company
►Erin Stafford, DBRS Inc.
 
Members remaining on MBA's Board of Directors are:
►Brian F. Stoffers, CMB (Chairman), CBRE Capital Markets
►Susan T. Stewart (Chairman-Elect), SWBC Mortgage
►Kristy Fercho (Vice Chairman), Flagstar Bank, FSB
►Christopher M. George (Immediate Past Chairman), CMG Financial
►Byron L. Boston, Dynex Capital Inc.
►Todd Chamberlain, SunTrust Mortgage Inc.
►Gary D. Clark, Sierra Pacific Mortgage Company Inc.
►Jonathan Corr, Ellie Mae Inc.
►Michael J. DeVito, Wells Fargo Home Mortgage
►William C. Emerson, Quicken Loans and Rock Holdings Inc.
►Matt Galligan, CIT
►Mark A. Jones, AmeriFirst Home Mortgage
►Christopher LaBianca, UBS Investment Bank
►Angela Mago, KeyBank Real Estate Capital
►Frank D. Martell, CoreLogic
►Michael C. May, Newmark Knight Frank
►Stanley C. Middleman, Freedom Mortgage Corporation
►Peter R. Norden, HomeBridge Financial Services Inc.
►Eduardo Perez, CMB, Equity Prime Mortgage LLC
►Julie Piepho, CMB, Milestone Lending Consulting
►Jay Plum, The Huntington National Bank
►Tony Premer, Pacific Life Insurance Company
►Andrew Rippert, Arch Capital Group Ltd.
►Debra W. Still, CMB, Pulte Mortgage LLC
►Jeffrey C. Taylor, Digital Risk LLC
►Richard G. Thornberry, Radian Guaranty Inc.
►William M. Walker, Walker & Dunlop LLC
►Fowler C. Williams, CMB, AMP, Crescent Mortgage Company
 
In addition to the board of directors, the MBA also announced members of its Residential Board of Governors (RESBOG), Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG), and chairs of its Residential Committees for 2020.
 
“The members who sit on RESBOG and COMBOG represent a wide variety of industry experts and perspectives that embody the entire real estate finance industry,” said Stoffers. “I look forward to working with all members of RESBOG and COMBOG in 2020 as we address the pressing issues at both the federal and state levels.”
 
RESBOG is the governing body for MBA's single-family residential members, responsible for establishing legislative and regulatory policies and positions on residential lending issues. Gary Clark, CMB of Sierra Pacific Mortgage Company Inc., will serve as RESBOG Chairman in 2020.
 
MBA named the following newly elected members of RESBOG:
►Peter Diliberti, Wells Fargo
►Laura Escobar, Eagle Home Mortgage LLC
►Kristy Fercho, Flagstar Bank
►Chrissi Johnson, Quicken Loans Inc.
►Tawn Kelley, Taylor Morrison Home Funding
►Gene Lugat, PrimeLending
►James MacPherson, Academy Mortgage Corporation
►Glen Messina, Ocwen Financial Corporation
►Steven Plaisance, Arvest Central Mortgage Company
►Christine Rhea, Mortgage Investors Group
 
MBA’s returning members of RESBOG include:
►Gary Clark, CMB (Chairman), Sierra Pacific Mortgage Company Inc.
►Pat Connor, Old Republic National Title Services Inc.
►Phil DeFronzo (Immediate Past Chairman), Norcom Mortgage
►Christopher Delfs, SunTrust Mortgage
►Nick DelTorto, Inlanta Mortgage Inc.
►David Gansberg, Arch Capital Group
►Eric Gates, Apex Home Loans Inc.
►Marla Guillaume, Century Mortgage Company
►Rohit Gupta, Genworth Mortgage Insurance
►Erik Hand, HomeStreet Bank
►John M. Hedlund, (Vice Chair), AmeriHome Mortgage Company
►John Hummel, U.S. Bank Home Mortgage
►Michael Johnson, AmCap Mortgage Ltd.
►Joel Katz, HomeBridge Financial Services Inc.
►William Lowman, American Pacific Mortgage Corporation
►Peter Macdonald, loanDepot.com LLC
►F. Allen Maulsby, CMB, Colonial Savings FA
►Stan Middleman, Freedom Mortgage Corporation
►Andy Miller, PNC Bank, National Association
►Kurt Pfotenhauer, First American Title Insurance Company
►Eric J. Schuppenhauer, Citizens Bank
►Christopher Shroat, Fifth Third Mortgage
►Stacey Slocum Smith, JPMorgan Chase
►Susan Stewart, SWBC Mortgage
►Brian Stoffers, CMB, CBRE Capital Markets
►Scott B. Vahue, M&T Bank
►C. Winston Wilkinson, Pentagon Federal Credit Union
►Fowler C. Williams, CMB, AMP, Crescent Mortgage Company
 
MBA also announced the Residential Committee Chairs who will serve as non-voting members of RESBOG:
►Shayna Arrington, The Money Source: Legal Issues, Quality Assurance and Regulatory Compliance Committee
►David Battany, Guild Mortgage Company: Residential Loan Production Committee
►Chris Cusack, CMB, George Mason Mortgage: Secondary and Capital Markets Committee
►Felicia Kilger, CPA, Umpqua Bank: Accounting and Financial Management Committee
►Lisa Klika, Guild Mortgage Company: State Legislative and Regulatory Committee
►Candace Russell, Carrington Mortgage Services: Residential Loan Administration Committee
 
COMBOG is comprised of MBA member executives representing all aspects of the commercial/ multifamily real estate finance industry. COMBOG leads the strategic development of MBA’s commercial/multifamily policy and initiatives, as well as best practices and standards. Tony Premer, Pacific Life Insurance Company, will serve as COMBOG Chairman in 2020.
 
MBA named the following newly elected members of COMBOG:
►J. Theodore Borter, Goldman Sachs
►Greg Michaud, Voya Investment Management
►Matthew Rocco, Grandbridge Real Estate Capital LLC
 
Reinstated COMBOG members include:
►Steven Bean, Situs
►Jim Costello, Real Capital Analytics
►Jeffery Hayward, Fannie Mae
►Deborah Jenkins, Freddie Mac
►Christopher LaBianca, UBS
►Angela Mago, KeyBank Real Estate Capital
 
Continuing members of COMBOG include:
►Robert Bedwell, Protective Life Insurance Company
►Dennis Bernard, Bernard Financial Group
►Wayne Brandt, Wells Fargo NA
►Victor Calanog, Ph.D, REIS Inc.
►Christine R. Chandler, M&T Realty Capital Corporation
►Dan Friedeberg, Barry Slatt Mortgage Company
►Jeff Friedman, Mesa West Capital LLC
►Matt Galligan, CIT
►Mike Heagerty, CCMS, Newmark Realty Capital Inc.
►Katie Hubbard, State Farm Life Insurance Company
►Steven R. Johnson, Principal Real Estate Investors
►Jeff Majewski, CBRE
►Mark E. McCool, Berkadia
►Michael McRoberts, PGIM Real Estate Finance
►Gary N. Otten, MetLife Inc.
►Tony Premer, Pacific Life Insurance Company
►Mark Reichter, Q10, Triad Capital Advisors
►Wally Reid, JLL Capital Markets
►Greg Reimers, JP Morgan
►Deborah Rogan, Bellwether Enterprise Real Estate Capital LLC
►Erin Stafford, DBRS Inc.
►Mike Tanner, Pacific Southwest Realty Services
►Mark Weibel, Thompson & Knight, LLP
►Jeff Weidell, CMB, NorthMarq Capital
►Thomas Wood Jr., Thomas D. Wood & Co.

 
Originations