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Owen Lee Sworn in as 2027 MBA Chairman
WASHINGTON, Oct. 11 [Category: Financial Services] -- The Mortgage Bankers Association posted the following news release:
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Owen Lee Sworn in as 2027 MBA Chairman
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John Hedlund named Chair-Elect; Jeff Weidell, CMB, Named Vice Chair
CHICAGO (October 11, 2026) -- Owen Lee, Chief Executive Officer at Success Mortgage Partners, Inc. (SMP), was sworn in here today as 2027 Chairman of the Mortgage Bankers Association (MBA) during the association's 2026 Annual Convention and Expo.
"The challenges facing housing affordability demand more than discussion -- they demand action and greater engagement
... Show Full Article
WASHINGTON, Oct. 11 [Category: Financial Services] -- The Mortgage Bankers Association posted the following news release:
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Owen Lee Sworn in as 2027 MBA Chairman
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John Hedlund named Chair-Elect; Jeff Weidell, CMB, Named Vice Chair
CHICAGO (October 11, 2026) -- Owen Lee, Chief Executive Officer at Success Mortgage Partners, Inc. (SMP), was sworn in here today as 2027 Chairman of the Mortgage Bankers Association (MBA) during the association's 2026 Annual Convention and Expo.
"The challenges facing housing affordability demand more than discussion -- they demand action and greater engagementfrom our industry," said Lee. "As MBA's 2027 Chairman, I look forward to working with Chair-Elect John Hedlund, Vice Chair Jeff Weidell, and our member leaders to advance practical solutions that make it easier for Americans to own and rent a home, strengthen the pipeline of talent through career development and leadership opportunities, and mobilize more loan officers and industry professionals to advocate for policies that expand housing opportunities. Together, I am confident that we can turn our industry's expertise and collective voice into meaningful progress for the people and communities we serve."
Lee co-founded SMP, located in Plymouth, Michigan, with his father, Vincent, in 2002 and serves as CEO. Under his leadership, SMP has closed billions of dollars of mortgage loans yearly since 2016, is licensed in 44 states, and has nearly 500 employees. Lee is also Managing Member of Title Partners, LLC, a full-service title insurance and escrow services agency.
An active leader in the mortgage and financial services sectors, Lee serves on MBA's Board of Directors, was previously Co-Chair of its Independent Mortgage Bankers Executive Council, and was the 2023-2024 Chairman of MORPAC, MBA's political action committee, where he was a successful political fundraiser, helping to advance the association's top legislative priorities. Lee is also a member of the Board of Directors of The Mortgage Collaborative's Technology Fund, a venture capital investment group specializing in the mortgage technology space. He also sits on the Board of Directors of TrAIned, a mortgage technology firm in Pittsburgh.
Additionally, Lee currently holds memberships and affiliations with the State Bar of Michigan, State Bar of the Commonwealth of Massachusetts, Michigan Mortgage Lenders Association, Lenders One, The Mortgage Collaborative, and the National Reverse Mortgage Lenders Association. He also sits on the Board of Directors of Camp Sweeney, the largest summer camp in the world for children with Type 1 Diabetes.
John Hedlund, Vice Chairman of ICE Mortgage Technology,and Jeff Weidell, CMB, CEO of Northmarq, were also sworn in today as Chair-Elect and Vice Chair, respectively.
Hedlund, a prominent MBA voice and industry volunteer over the years, has served as a board member for several organizations, including as a member of MBA's Board of Directors, Board Chairman of MISMO, Chairman of MBA's Residential Board of Governors (RESBOG), Board Member and past Chairman of the California Mortgage Bankers Association, and Advisory Board Member for Automated Mortgage Systems, Inc., and FundingShield, LLC.
Hedlund has also served in senior leadership positions in the mortgage divisions at several large financial institutions during his career. He also co-founded and served as Managing Director and Chief Operating Officer at AmeriHome Mortgage Company, where under his leadership, AmeriHome quickly grew to become the second-largest correspondent lender in the country. He helped lead the company's sale to Western Alliance Bank in 2021, where he was a member of the leadership and executive team until 2024. He also founded and led Adanac Advisors Group, a boutique advisory and consulting firm.
Weidell assumed the role of Northmarq CEO in 2020 after serving as President for eight years. Under his leadership, Northmarq's loan servicing business has grown significantly, delivering customized, industry-leading solutions to clients. Earlier in his career, Weidell was a successful mortgage banker, beginning at Trowbridge, Kieselhorst & Company, where he became Managing Director of the San Francisco office. He earned a B.A. in Economics from Columbia University and an M.B.A. from the Stanford Graduate School of Business and also holds the prestigious Certified Mortgage Banker (CMB) designation.
Weidell currently serves on MBA's Board of Directors and is the 2025-2026 MORPAC Commercial/Multifamily Vice Chair, leading MBA's political action committee outreach to its commercial/multifamily membership and pursuing new opportunities for MBA's newest political giving program, MORPAC Direct, including efforts to recruit new major donors. Last year, Weidell was honored with the 2025 Schumacher-Bolduc Award, presented by MORPAC, in recognition of his outstanding leadership and dedication to advancing the industry's advocacy initiatives.
He previously served as 2024 Chair of MBA's Commercial/Multifamily Board of Governors (COMBOG), where he consistently and successfully advocated for the association's top regulatory and legislative priorities, including testifying as an industry witness on MBA's behalf in May 2024 before the House Committee on Oversight and Accountability's Subcommittee on Health Care and Financial Services.
Weidell has also led advocacy outreach for MBA-sponsored conferences, including the tailored "CREF track" at the MBA's National Advocacy Conference (NAC), the Commercial/Multifamily Finance Convention and Expo, and the Chairman's Conference.
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Original text here: https://www.mba.org/news-and-research/newsroom/news/2026/10/11/owen-lee-sworn-in-as-2027-mba-chairman
MBA Recognizes 35 New Certified Mortgage Banker Graduates
WASHINGTON, Oct. 11 [Category: Financial Services] -- The Mortgage Bankers Association posted the following news release:
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MBA Recognizes 35 New Certified Mortgage Banker Graduates
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CHICAGO (October 11, 2026) - MBA Education, the award-winning education division of the Mortgage Bankers Association (MBA), recognized 35 individuals who earned the Certified Mortgage Banker (CMB(r)) designation at a ceremony held today at MBA's 2026 Annual Convention and Expo. Earning one's CMB is the highest professional honor within the real estate finance industry.
The 35 CMBs who received their designations
... Show Full Article
WASHINGTON, Oct. 11 [Category: Financial Services] -- The Mortgage Bankers Association posted the following news release:
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MBA Recognizes 35 New Certified Mortgage Banker Graduates
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CHICAGO (October 11, 2026) - MBA Education, the award-winning education division of the Mortgage Bankers Association (MBA), recognized 35 individuals who earned the Certified Mortgage Banker (CMB(r)) designation at a ceremony held today at MBA's 2026 Annual Convention and Expo. Earning one's CMB is the highest professional honor within the real estate finance industry.
The 35 CMBs who received their designationshave demonstrated a commitment to professional success and will be joining an elite group of industry professionals.
"Congratulations to this year's CMB designees on earning the highest professional designation in the real estate finance industry. Achieving the CMB requires a significant investment in professional development and industry knowledge and leadership. These professionals have demonstrated the expertise and commitment that is required to earn this distinguished honor," said Owen Lee, 2027 MBA Chair and Chief Executive Officer, Success Mortgage Partners, Inc. "MBA is proud to recognize their accomplishments and looks forward to the leadership and expertise they will bring to our industry for years to come."
CMB candidates must acquire 150 points earned through a combination of professional experience, secondary education, continuing education through MBA- and industry-sponsored events, MBA Education courses, as well as participation in events and activities at the local, state, and/or national MBA 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.
Candidates have the option of choosing between the traditional Residential CMB enrollment path or the Executive CMB enrollment path. Both enrollment options result in the same CMB designation, but the Executive CMB enrollment is designed for senior executive-level professionals within current MBA member companies. This enrollment option allows candidates to substitute their extensive real-world industry knowledge and experience for many of the educational point requirements of the CMB program.
In order to be eligible for the CMB designation, candidates must be currently employed in the industry, work for a current MBA member company, or be a member of a recognized state or local MBA. All candidates pursuing the Executive CMB enrollment option are required to have a minimum of 10 years of senior executive-level experience in real estate finance and currently hold a senior executive-level position at a current MBA member company.
MBA Education awarded the following industry professionals with the CMB designation from November 2025 to October 2026:
Residential CMB Designees
* Scott Alexander, CMB
* Brent Amos, CMB, AMP
* Nick Birch, CMB, AMP
* Victor Brock, CMB
* Tisa Clark, CMB, AMP
* Thomas Couture, CMB
* Erin Davidson, CMB, AMP, CRU
* Liz Facemire, CMB
* Shelby Fennewald, CMB
* Toby Foster, CMB
* Troy Garris, CMB
* Shelly Gay, CMB
* Gabriel Gillen, CMB
* Stephanie Griffin, CMB
* Jeremy Goodson, CMB, AMP
* Hemanthkumar Jambulingam, CMB, AMP
* Joel Kan, CMB
* Roman Ladynskyi, CMB
* Daniel Levine, CMB, AMP
* Argishti (Alex) Marksian, CMB
* Carrie Mathiason, CMB, AMP
* Jennifer Peachman, CMB
* Pamela Robichaud, CMB
* Melanie Roche, CMB, AMP, CRU
* Rick Scherer, CMB
* Jeffrey Skelin, CMB
* Monique Shuler, CMB
* Cynthia Smith, CMB
* Luke Stelzer, CMB, AMP
* Jason Stypolkowski, CMB
* Craig Ungaro, CMB
* Sarah Valentini, CMB
* Tiffany Van Alstyne, CMB, AMP
* Brandon Webb, CMB, AMP
* Franklin Williamson, CMB, AMP, CRU
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Original text here: https://www.mba.org/news-and-research/newsroom/news/2026/10/11/mba-recognizes-35-new-certified-mortgage-banker-graduates
MBA Presents Marcus Harris with the David H. Stevens, CMB(r), Real Estate Legacy Scholarship Award
WASHINGTON, Oct. 11 [Category: Financial Services] -- The Mortgage Bankers Association posted the following news release:
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MBA Presents Marcus Harris with the David H. Stevens, CMB(r), Real Estate Legacy Scholarship Award
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CHICAGO (October 11, 2026) -- The Mortgage Bankers Association (MBA) today announced at its 2026 Annual Convention and Expo that Marcus Harris has been recognized as the David H. Stevens, CMB(r) Real Estate Legacy Scholarship award winner. The award recognizes students from MBA's Commercial Real Estate Finance (CREF) Fellowship Program and HomeFree-USA's Center for
... Show Full Article
WASHINGTON, Oct. 11 [Category: Financial Services] -- The Mortgage Bankers Association posted the following news release:
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MBA Presents Marcus Harris with the David H. Stevens, CMB(r), Real Estate Legacy Scholarship Award
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CHICAGO (October 11, 2026) -- The Mortgage Bankers Association (MBA) today announced at its 2026 Annual Convention and Expo that Marcus Harris has been recognized as the David H. Stevens, CMB(r) Real Estate Legacy Scholarship award winner. The award recognizes students from MBA's Commercial Real Estate Finance (CREF) Fellowship Program and HomeFree-USA's Center forFinancial Advancement (CFA(r)) Program who demonstrate career aspirations in the real estate finance industry.
"Marcus has distinguished himself through his academic excellence, leadership, and commitment to building a promising career in finance and real estate," said Owen Lee, MBA's 2027 Chairman and CEO of Success Mortgage Partners. "As a graduate student pursuing his MBA, Marcus has demonstrated the drive, character, and leadership that this award is intended to recognize. We are proud to honor his accomplishments and look forward to seeing the impact he will make throughout his career."
Harris, a second-year graduate student, is currently pursuing an MBA with specializations in Finance, Real Estate, and Entrepreneurship at the Johns Hopkins Carey Business School. An accomplished emerging real estate professional and investor, Harris holds a Georgia Real Estate Salesperson License and ARGUS Enterprise Certification and has experience in commercial real estate valuation across multiple asset classes. In 2026, he acquired and renovated his first fix-and-flip property in his hometown of Augusta, Georgia. Harris is also an active mentor, having served with North Carolina A&T State University's Aggie Success Academy and the Johns Hopkins Carey Business School Summer Business Academy.
MBA's award recognizes the life and achievements of David (Dave) H. Stevens, a former MBA President and CEO. In honor of Stevens, the David H. Stevens Real Estate Legacy Scholarship was established to enshrine his legacy and to foster the development of emerging leaders in the real estate finance industry.
The award is recognized annually in conjunction with MBA's Annual Convention and Expo in October and at MBA's Commercial/Multifamily Finance Convention and Expo in February.
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Original text here: https://www.mba.org/news-and-research/newsroom/news/2026/10/11/mba-presents-marcus-harris-with-the-david-h.-stevens--cmb----real-estate-legacy-scholarship-award
MBA Forecast: Mortgage Originations to Decrease 5 percent in 2027 as Mortgage Rates Remain Above 7 Percent
WASHINGTON, Oct. 11 [Category: Financial Services] -- The Mortgage Bankers Association posted the following news release:
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MBA Forecast: Mortgage Originations to Decrease 5 percent in 2027 as Mortgage Rates Remain Above 7 Percent
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CHICAGO (October 11, 2026) -- The Mortgage Bankers Association (MBA) today announced at its 2026 Annual Convention and Expo that total single-family mortgage origination volume is expected to decrease 5 percent to just under $2 trillion in 2027 from the $2.1 trillion expected in 2026.
Purchase originations are forecast to increase 0.8 percent to $1.42 trillion
... Show Full Article
WASHINGTON, Oct. 11 [Category: Financial Services] -- The Mortgage Bankers Association posted the following news release:
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MBA Forecast: Mortgage Originations to Decrease 5 percent in 2027 as Mortgage Rates Remain Above 7 Percent
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CHICAGO (October 11, 2026) -- The Mortgage Bankers Association (MBA) today announced at its 2026 Annual Convention and Expo that total single-family mortgage origination volume is expected to decrease 5 percent to just under $2 trillion in 2027 from the $2.1 trillion expected in 2026.
Purchase originations are forecast to increase 0.8 percent to $1.42 trillionnext year and refinance originations are expected to decrease by 17 percent to $571 billion. By loan count, total mortgage origination volume is expected to decrease by 5.6 percent to 5.0 million loans in 2027 from the 5.3 million loans expected in 2026.
MBA's 2027 outlook was presented by Mike Fratantoni, Chief Economist and Senior Vice President for Research and Business Development; Joel Kan, CMB, Vice President, Deputy Chief Economist; and Marina Walsh, CMB, Vice President, Head of Industry Analysis.
Fratantoni projects U.S. economic growth of 1.8 percent over the next year, as elevated interest rates, rising energy prices, and persistent inflation weigh on growth and keep interest rates higher for longer.
"Mortgage rates have recently spiked to their highest level in more than three years, while 10-year Treasury rates have reached their highest levels in 24 years. Around the world, there are too many borrowers and not enough savers. Inflation is too high, leading central banks to raise short-term rates, while budget deficits and debt are unsustainably high, leading bond investors to push up longer-term rates," said Fratantoni. "MBA expects that mortgage and Treasury rates are likely to come down from their recent peaks, but will remain on a higher path than previously forecasted, which will be a serious headwind for origination volume for the remainder of this year and into 2027."
MBA forecasts that the 10-year Treasury yield will average 5.1 percent in the fourth quarter of 2026 and remain close to 5 percent through 2027. MBA expects that the 30-year mortgage rate will average 7.3 percent in the fourth quarter of 2026 and remain above 7 percent through 2027.
"The FOMC hiked the federal funds rate by 25 basis points in September, and we expect two additional 25 basis point hikes, one in December of this year and the second in the first quarter of 2027. Inflation remains well above the Fed's target, and while the job market is not strong, we expect that the FOMC will continue to focus intently on pushing inflation down to its 2 percent inflation target," said Fratantoni. "The job market will likely hold steady over the next year. The unemployment rate is forecast to increase slightly from its current rate of 4.2 percent to average 4.3 percent over the course of 2027."
Fratantoni notes that there are substantial uncertainties associated with this forecast, with the potential for geopolitical or financial market shocks to further dampen consumer confidence, which could lead to an abrupt slowdown in the economy. The risks of a recession are elevated. At the same time, if the Middle East conflict were to intensify yet again, oil prices could spike even higher given the drawdowns in oil reserves, and this could lead to even higher inflation.
According to Kan, mortgage rates at their current levels have caused a pullback in application activity this year, both for home purchases and refinances. Prospective homebuyers have started to put their purchases on hold, as higher rates have brought affordability challenges back to the forefront. This is despite some relief in home price growth from the slowdown in demand and increased for-sale inventory in many markets.
"The buyers who are still in the market are increasingly turning to ARM loans or paying points to lower their rates for the life of the loan. The ARM share of applications averaged almost 10 percent over the past month and MBA forecasts that it will remain over 9 percent through 2027," said Kan. "We plan to add the ARM share to our monthly forecast publication going forward."
Kan added that slower population growth and lower immigration will contribute to lower overall demand for housing. National home-price indices have shown annual growth down in the 2 percent range, indicating that the housing shortage is now not as severe as estimated in recent years.
"We expect declining levels of new construction for both single-family and multifamily homes over the forecast period. With fewer housing starts and relatively flat home sales expected, our forecast is for national home price growth to decelerate in 2027 before gradually picking up again in 2028," said Kan.
Walsh noted that average net production profits in the second quarter of this year remained positive for independent mortgage banks for the fifth consecutive quarter, continuing the industry's turnaround from widespread losses between 2022 and 2024. However, recent profits are still lower than the historical average of 39 basis points (bps) dating from 2008, and challenges remain, especially in light of the latest originations activity and forecast for the remainder of 2026 and beyond.
"In tough market conditions, many mortgage companies still manage to stay in the black while others struggle," said Walsh. "The top 20 percent of 325 lenders averaged 122 bps (or $4,551 per loan originated)while the bottom 20 percent averaged a loss of 76 bps (or a loss of $2,551 per loan originated) in the second quarter of 2026. Differences in cost structure certainly play a role in explaining the wide variance. But production revenue appears to be the more prominent differentiator - whether resulting from product mix, pricing discipline, secondary marketing strategy, company affiliation, geography or other factors."
Walsh continued, "The servicing side of the business continues to perform well. Higher loan balances have contributed to the rise in per-loan servicing revenues. Positive net escrow earnings have also contributed to the bottom line. While servicing costs have been relatively contained, there are upward cost pressures, particularly in default and loss mitigation. Both delinquencies and foreclosures are higher than they were a year ago, particularly for government loans. Delinquencies in other forms of consumer debt such as student loans, credit cards, and auto loans have grown in the past few years. These factors may be indicative of homeowner financial distress, exacerbated by stretched affordability and a slowing in home equity accumulation."
MBA also released an updated forecast for commercial and multifamily originations.
CREF origination volume is expected to increase 1 percent and multifamily volume 2 percent in 2027 following solid growth for both in 2025.
"The CREF market is facing similar challenges as the residential market given the spike in interest rates. The minimal growth forecasted for 2027 results from the ongoing wave of loan maturities that will require refinancing, said Fratantoni."
MBA's new Mortgage Finance Forecast and Economic Forecast can be viewed here. The CREF forecast is available here.
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Original text here: https://www.mba.org/news-and-research/newsroom/news/2026/10/11/mba-forecast--mortgage-originations-to-decrease-5-percent-in-2027-as-mortgage-rates-remain-above-7-percent
MBA Elects 2027 Board of Directors
WASHINGTON, Oct. 11 [Category: Financial Services] -- The Mortgage Bankers Association posted the following news release:
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MBA Elects 2027 Board of Directors
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CHICAGO (October 11, 2026) -- The Mortgage Bankers Association (MBA) today swore in its Board of Directors for the 2027 membership year at its 2026 Annual Convention and Expo. The Board of Directors will be chaired by Owen Lee, Chief Executive Officer at Success Mortgage Partners, Inc. (SMP).
MBA's Board of Directors consists of 40 voting members and one ex-officio member, MBA President and CEO Bob Broeksmit, CMB. MBA directors
... Show Full Article
WASHINGTON, Oct. 11 [Category: Financial Services] -- The Mortgage Bankers Association posted the following news release:
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MBA Elects 2027 Board of Directors
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CHICAGO (October 11, 2026) -- The Mortgage Bankers Association (MBA) today swore in its Board of Directors for the 2027 membership year at its 2026 Annual Convention and Expo. The Board of Directors will be chaired by Owen Lee, Chief Executive Officer at Success Mortgage Partners, Inc. (SMP).
MBA's Board of Directors consists of 40 voting members and one ex-officio member, MBA President and CEO Bob Broeksmit, CMB. MBA directorsrepresent its commercial/multifamily, residential, and associate membership. The Board of Directors sets the strategic direction for MBA and oversees management of the association's affairs.
"This year's Board brings together experienced, engaged leaders who are committed to advancing practical solutions to today's housing supply and affordability challenges," said Lee. "Their leadership will help drive MBA's advocacy, strengthen member engagement, and expand opportunities for Americans to own and rent a home."
The new members of MBA's Board of Directors are:
Duane Andrews, Clear Capital
Fred Bolstad, U.S. Bank Home Mortgage
Erin Dee, BankSouth Mortgage
Mike Dury, Merchants Capital Corp
Tammie Gravlee, CMB, AMP, Bank of Tennessee
Eric Hart, Pulte Mortgage LLC
Mark Jones, Lake Michigan Capital, LLC
Maren Kasper, Lakeview Loan Servicing, LLC
Steve Kennedy, VIUM Capital
Alan Kronovet, CCMS, Trimont
Matt Rocco, Colliers
Tim Stoner, Affinius Capital
Joe Tyrrell, Optimal Blue, LLC
Justin Wheeler, Berkadia
John Waldeck, CMB, CRI, Pacific Life Insurance
Mike Weinbach, Radian Guaranty, Inc.
Mark Winter, DHI Mortgage Company
Members continuing on MBA's Board of Directors are:
Shayna Arrington, Servbank
Bill Banfield, Rocket Mortgage, LLC
Christine Chandler, M&T Realty Capital Corp.
Kate deKay, Eustis Mortgage Corp.
Patrick Dodd, Cotality
Quentin Fogan, Bank of America
Sean Grzebin, Chase Home Lending
Anita Padilla-Fitzgerald, Megastar Financial Corp
John Hedlund (Chairman-Elect), ICE Mortgage Technology
Deborah Jones, CMB, Citizens Bank
Karen Kreutziger Powell, Flat Branch Home Loans
Owen Lee (Chairman), Success Mortgage Partners
Gene Lugat, PrimeLending
Stan Middleman, Freedom Mortgage Corp.
William Nelson, Standard Mortgage Corp.
Serhat Oztop, Wells Faro Home Mortgage
Terry Schmidt, Guild Mortgage
Robert Slatt, Gantry
James Sias, Fifth Third Bank
Deb Still, CMB, Opens Doors Foundation
Dan Sugg, CMB, Michigan First Mortgage
Jeff Weidell, CMB, (Vice-Chairman), Northmarq
Nanci Weissgold, Alston & Bird, LLP
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Original text here: https://www.mba.org/news-and-research/newsroom/news/2026/10/11/mba-elects-2027-board-of-directors
MBA Announces Governors and Committee Chairs for 2027
WASHINGTON, Oct. 11 [Category: Financial Services] -- The Mortgage Bankers Association posted the following news release:
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MBA Announces Governors and Committee Chairs for 2027
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CHICAGO (October 11, 2026) - The Mortgage Bankers Association (MBA) today announced the members of its Residential Board of Governors (RESBOG), Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG), and the respective chairs for each committee in 2027.
"Strong member leadership is at the heart of MBA's ability to advance regulatory and legislative priorities that are important to the real estate
... Show Full Article
WASHINGTON, Oct. 11 [Category: Financial Services] -- The Mortgage Bankers Association posted the following news release:
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MBA Announces Governors and Committee Chairs for 2027
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CHICAGO (October 11, 2026) - The Mortgage Bankers Association (MBA) today announced the members of its Residential Board of Governors (RESBOG), Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG), and the respective chairs for each committee in 2027.
"Strong member leadership is at the heart of MBA's ability to advance regulatory and legislative priorities that are important to the real estatefinance industry and consumers," said Owen Lee, 2027 MBA Chairman and Chief Executive Officer, Success Mortgage Partners, Inc. "The leaders serving on RESBOG and COMBOG bring a broad range of experience and perspectives from across the residential and commercial/multifamily markets. I look forward to working with these dedicated leaders as we continue to advance policies and initiatives that support a strong, sustainable housing and real estate finance industry."
* Matthew VanFossen, CMB
* Erin Dee, BankSouth
* Efe Aghimien, SWBC
* Julio Aldacocea, Lakeview Loan Servicing
* Shayna Arrington, Servbank
* David Battany, Guild Mortgage
* Isaac Boltansky, PennyMac Financial Services
* Chris Curran, Essent Guaranty
* Mike Dubeck, Planet Home Mortgage
* Mike Dunlap, Merchants Bank of Indiana
* Scott Fletcher, Fairway Mortgage Corporation
* Scott Gillen, CMB, Stewart Title
* Carolyn Gorman, Huntington National Bank
* Tammie Gravelee, Bank of Tennessee
* Brent Green, Lake Michigan Credit Union
* Hilary Halpern, Rocket Mortgage
* Eric Hart, Pulte Mortgage LLC
* John Hedlund, ICE
* John Hummel, US Bank
* Allison Johnston, CMB, Success Mortgage Partners
* Deborah Jones, CMB, Citizens Bank
* Chris Jones, Primary Residential Mortgage
* Stephen Kaminski, TD Bank
* Karen Kreutziger Powell, Flat Branch Mortgage, Inc.
* Melissa Koupal, CMG Financial
* Owen Lee, Success Mortgage Partners
* Mark McArdle, NewRez
* Chris McCullough, Citi
* Elizabeth Million, Elevations Credit Union
* Anita Padilla, MegaStar Financial
* Mike Patterson, Freedom Mortgage
* Adam Pollitzer, National MI
* Stacy Slocum Smith, JPMorganChase
* Charlene Sturgill, Regions Bank
* Dan Sugg, Michigan First Credit Union
* Lauren Terrett, RWM Home Loans
* Dave Townsend, FNF
* Nolan Turner, Carrington Mortgage Services
* Michele Bushman, American Pacific Mortgage: Residential Technology Forum Committee
* Michelle Richardson, CMB, LenderMac: Accounting and Financial Management Committee
* Jeremey Shiers, West Gate Bank: Secondary and Capital Markets Committee
* Tammy McKamey, JPMorganChase: Residential Loan Production Committee
* Michael Drawdy, Pennymac, Loan Administration Committee
* Joe Grassi, Loan Depot: Legal Issues and Regulatory Compliance Committee
* Bob Niemi, CMB, Weiner Brodsky Kider PC: State Legislative and Regulatory Committee
* Kathy Corton, Saluda Grade
* Patrick Dahnert, Essex Financial Services
* David Harrison, Midland
* Dan Heberle, KeyBank
* Frankie Jones, Lincoln Financial
* Sharon Karaffa, Newmark
* Matt Keller, PwC
* Lara Osterhaus, Aegon Asset Management
* Michael Smith, Alliant
MBA returning COMBOG members are:
* Sharon Briskman, Greystone
* Peter Cannava, Wells Fargo
* Michael Dury, Merchants Capital Corp
* Michael Edelman, M&T Realty Capital Corp
* David J. "DJ" Effler, BWE
* Adam Fox, Fitch Ratings
* Christina Flynn, Fannie Mae
* Brian Hanson, CWCapital Asset Management, LLC
* Stephen Johnson, Freddie Mac
* Joseph Lovell, Colliers Mortgage
* Jeff Majewski, CBRE Capital Markets
* Greg Michaud, Voya Investment Management
* Joe Pella, Truist
* Gerard Sansosti, JLL Capital Markets
* Katie Schwarting, Seyfarth Shaw, LLP
* Robert Slatt, Gantry, Inc
* Michael Smith, Alliant Insurance Services, Inc
* Sheri Thompson, Walker & Dunlop, LLC
* Dan Trebil, Northmarq
* Stephanie Wiggins, PGIM Real Estate
* Bob Wright, SS&C Technologies, LLC
* Kevin Fagan, Moody's
* Jeff Majewski, CBRE
* John Waldeck, Pacific Life
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Original text here: https://www.mba.org/news-and-research/newsroom/news/2026/10/11/mba-announces-governors-and-committee-chairs-for-2027
America's Electric Companies Are Quickly Restoring Power Following Hurricane Isaias
WASHINGTON, Oct. 11 [Category: Energy] -- The Edison Electric Institute posted the following news release:
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America's Electric Companies Are Quickly Restoring Power Following Hurricane Isaias
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WASHINGTON (October 11, 2026) -- Electric companies in the path of Hurricane Isaias were ready when the Category 2 storm made landfall near Destin, Florida, on Friday evening. Before the storm arrived, companies activated their emergency response plans, coordinated closely with industry and federal, state, and local partners, and strategically pre-positioned equipment, resources, and restoration
... Show Full Article
WASHINGTON, Oct. 11 [Category: Energy] -- The Edison Electric Institute posted the following news release:
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America's Electric Companies Are Quickly Restoring Power Following Hurricane Isaias
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WASHINGTON (October 11, 2026) -- Electric companies in the path of Hurricane Isaias were ready when the Category 2 storm made landfall near Destin, Florida, on Friday evening. Before the storm arrived, companies activated their emergency response plans, coordinated closely with industry and federal, state, and local partners, and strategically pre-positioned equipment, resources, and restorationworkers so crews could begin damage assessments and restore power as soon as it was safe to do so.
At the peak, Isaias knocked out power to approximately 950,000 customers. More than 579,000 customers are restored less than two days after landfall, as of 1:30 PM ET, thanks to the crews who already were in place.
Restoration Continues
Crews have been working around the clock, with more than 25,000 workers from at least 25 states supporting the restoration effort.
Customers should stay safe and avoid downed power lines, damaged equipment, and flooded areas.
"Electric companies were ready before Isaias made landfall, and that preparation is paying off for customers," said EEI President and CEO Drew Maloney. "Year-round planning, close coordination with federal, state, and local partners, and sustained investments in a stronger, smarter grid put thousands of workers in position to restore power quickly and safely. Crews won't stop until every customer who can safely receive power is back on."
Technology Helping Electric Companies at Every Stage of the Response
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Original text here: https://www.eei.org/News/news/All/2026-isaias-wrap-up
