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The RESBOG is the MBA's main policy-setting group, specifically focusing on issues in the single-family residential market, according to a press release. The board features 46 senior executives and mortgage industry leaders who are working to mold the strategic direction of the MBA's advocacy efforts.
This is the company's second member to join the board as New American Funding's co-founder and CEO Rick Arvielo joined RESBOG in 2012.
"By serving as a member of RESBOG, not only will I be able to work closely with numerous industry leaders whom I greatly respect, I will also be able to help guide the MBA and its members through a critical time for the housing finance system," said Arvielo.