| Title: | James P. Gross Joins MBA as Associate Vice President of Accounting, Tax and Bank Regulation |
| Source: | MBA |
| Date: | 7/28/2008 |
Contacts:
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WASHINGTON, D.C. (July 28, 2008) - The Mortgage Bankers Association (MBA) today announced the appointment of James P. Gross as Associate Vice President of
Accounting, Tax and Bank Regulation. In this capacity, he will help develop and implement MBA's strategy on legislative, regulatory
and industry issues in the areas of accounting and tax policy and bank regulatory capital. He will also be the staff representative
to MBA's Financial Management Committee.
"MBA is very fortunate to welcome Jim to our Government Affairs staff," said Jonathan L. Kempner, MBA's President and Chief
Executive Officer. "His thorough understanding of financial management and accounting standards and his years of active participation
on our Financial Management Committee will allow him to step right in and hit the ground running. He will be an invaluable
addition to our policy team."
Gross has over 20 years of experience working in accounting and tax policy in the industry including ten years of Big 4 accounting
experience. He has previously served as the Chief Financial Officer (CFO) for NetBank, Inc., an internet-only bank for which
he designed and built net value added internal reporting systems for two mortgage production units, a loan servicing operation
and an on-line commercial bank. He has also served as CFO or Controller for a number of small and mid-size banks and major
mortgage banks.
Gross earned his Bachelor of Arts degree from Ohio Wesleyan University, a Masters of Business Administration from Rutgers
University, and he received a Certified Public Accountant license from the State of Ohio.
Gross takes the accounting policy reins at MBA from Alison Utermohlen, who is retiring from the Association after 20 years
of serving MBA members.
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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 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.