“It is an honor to be named to the Mortgage Bankers Association’s Residential Board of Governors,” DelTorto said. “I’m looking forward to working with some of the industry’s most respected and knowledgeable professionals to help represent and guide the residential mortgage financing concerns and challenges of our industry.”
The Mortgage Bankers Association is governed by a Board of Directors containing 26 people who are responsible for the overall management of the organization’s affairs. RESBOG handles the residential interests of MBA members, while the Commercial Real Estate/Multifamily Board of Governors (COMBOG) handles commercial interests.
“My goal, both as a member of RESBOG and with Inlanta, is to represent the best interests of residential mortgage providers of home mortgage financing and the customers we serve. The real estate and home mortgage market is the lynch pin to a strong economy,” said DelTorto. “I’m excited, after 33 years of my career, to have the opportunity to contribute to making a difference to the home mortgage finance process and work toward a simpler and safer market for everyone.”
DelTorto is the first member of the WMBA to be elected to RESBOG. He was also recently presented with the Mortgage Banker of the Year award from the WMBA.
Inlanta is the second largest mortgage financing provider in greater Milwaukee as ranked by the Milwaukee Business Journal
, and has been recognized as the number one FHA
, USDA and WHEDA lender in the state of Wisconsin.
Nicholas DelTorto, the president of Inlanta Mortgage, has plans for improving the industry following his election to RESBOG.