MBA appoints Quicken Loans, Black Knight execs to MISMO board

by Anna Sobrevinas17 Feb 2017
The Mortgage Bankers Association announced the appointment of Quicken Loans’ Pete Carroll and Black Knight’s Andy Crisenberry to its Mortgage Industry Standards Maintenance Organization’s board of directors, according to a news release.

As the executive vice president at Quicken Loans, Carroll is a legislation and regulations expert in the origination, servicing and secondary markets. He formerly worked as assistant director of the office of mortgage markets at the Consumer Financial Protection Bureau.

Managing key operations at Black Knight, Crisenberry serves as senior vice president and managing director of the company’s eLending Solutions division. He helped in forming and leading the Membership Revenue Committee of MISMO. 

"Pete's background in both lending and the regulatory environment, along with Andy's knowledge of vendors and MISMO, will help ensure that the MISMO board of directors has the broad perspective to oversee the organization and ensure that it serves the entire mortgage industry,” said David H. Stevens, CMB, president and chief executive officer of MBA. “I congratulate them on their appointments and look forward to their continued contributions.”

Stepping down from the MISMO board are Kyung Cho-Miller, Linglong He and Eddy Wetsel. 

"I would like to thank Kyung, Linglong and Eddy for their considerable contributions to MISMO over the years" said Mike Fratantoni, MISMO president. "Their efforts have been invaluable to preparing the organization to evolve the standards to support ever-expanding industry needs."

MISMO’s board of directors oversees the organization’s business and affairs and is made up of individuals from residential and commercial mortgage, each serving for two years.

Related stories:
MBA recommends turning GSEs into utilities
New American Funding CEO named MORPAC chair


Should CFPB have more supervision over credit agencies?