| Title: | 21 Mortgage Lenders Earn Certified Mortgage Banker Designation at MBA's CREF/Multifamily Housing Convention | | Source: | MBA | | Date: | 2/7/2006 |
ORLANDO, FL (February 7, 2006) — The Mortgage Bankers Association (MBA) awarded the Certified Mortgage Banker (CMB) designation, the highest professional
designation for the real estate finance industry, to 21 mortgage banking professionals in a ceremony held at MBA's Commercial
Real Estate Finance (CREF)/Multifamily Housing Convention & Expo 2006.
Candidates are awarded a Commercial CMB or Residential CMB designation, which focus on their respective subfields of the mortgage
industry. Candidates must work for a MBA member company or be a member of a recognized state MBA.
The CMB program is rigorous. Commercial and Residential CMB candidates must earn 150 points, through a combination of professional
experience; secondary education; continuing education through MBA-sponsored events and CampusMBA courses; and 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 Certified Mortgage Bankers.
"CMB designees are among the elite in our industry and demonstrate the highest levels of expertise, experience and dedication
to commercial and residential real estate finance," said Edward Padilla, CMB, vice chair of MBA's Commercial Real Estate/Multifamily
Finance Board of Governors (COMBOG). "The CMB program is an important part of our industry, and I am proud to be a CMB. I
congratulate all the new designees on their achievement and encourage others to seek this designation.”
Since the program's inception in 1973, over 850 mortgage banking professionals have received the CMB designation. Following
is the list of most recent 2006 designees.
Commercial Designees:
- Dale H. Andreas, CMB, CPA, President, Amegy Mortgage Company, LLC;
- Barry L. Axelrod, CMB, Senior Vice President, Dwinn-Shaffer & Company Inc.;
- Dave J. Bodi, CMB, Co-Chief Operating Officer, Midland Loan Services, Inc./PNC Real Estate Finance;
- David L. Brassard, CMB, Managing Director, Babson Capital Management LLC;
- Jim Cope, CMB, Executive Managing Director, Collateral Mortgage Capital, LLC;
- Tari L. Flannery, CMB, President, M&T Realty Capital Corporation;
- Robert Hervey, CMB, Executive Vice President/Senior Managing Director, NorthMarq Capital, Inc.;
- Donald D. Hickey, CMB, CPA, Principal, iCap Realty Advisors;
- Carroll P. Kisser, CMB, AMP, Senior Loan Consultant, Washington Mutual;
- Joseph J. Laquidara, CMB, Senior Vice President, City & Suburban Federal Savings Bank;
- Joel Levin, CMB, Executive Vice President, Dwinn-Shaffer & Company Inc.;
- Andrea L. McClure, CMB, Senior Vice President, CWCapital;
- Dean W. Melchi, CMB, Director, Red Mortgage Capital, Inc.;
- Barry S. Nectow, CMB, Managing Director-Loan Origination, ARCap REIT, Inc.;
- Ralph E. Rayle, Jr., CMB, AMP, Senior Credit Specialist, Federal Reserve Bank of Atlanta;
- Russell L. Richardson, CMB, Director-Servicing, Collateral Mortgage Capital, LLC;
- Daniel B. Rubock, CMB, Vice President & Senior Credit Officer, Moody's Investors Service;
- Jeffrey P. Shafer, CMB, President, JS MultiCapital Corporation;
- Lawrence D. Stephenson, CMB, Executive Vice President, NorthMarq Capital, Inc.; and
- Jeffrey A. Weidell, CMB, Managing Director, NorthMarq Capital, Inc.
Residential Designee:
- S. Benjamin Murolo, CMB, President, JDI Mortgage Corp.
For more information on CampusMBA, winner of the 2005 Most Innovative Industry Resource CUBIC Award, or to enroll in the CMB
designation program, visit Professional Designations at www.campusmba.org. For inquiries, email campusmbaeducation@mortgagebankers.org or call (800) 348-8653.
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The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry
that employs more than 500,000 people in virtually every community in the country. Headquartered in Washington, D.C., the
association works to ensure the continued strength of the nation’s residential and commercial real estate markets; to expand
homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and
fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety
of publications. Its membership of over 3,000 companies includes all elements of real estate finance: mortgage companies,
mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending
field. For additional information, visit MBA’s Web site: www.mortgagebankers.org.
### The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry
that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the
association works to ensure the continued strength of the nation's residential and commercial real estate markets; to expand
homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and
fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety
of publications. Its membership of over 2,200 companies includes all elements of real estate finance: mortgage companies,
mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending
field. For additional information, visit MBA's Web site: www.mortgagebankers.org.
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