MBA bolsters affordable housing initiative with 2 advisory councils

by Candyd Mendoza13 Nov 2019

The Mortgage Bankers Association has formed two advisory councils to support its affordable housing initiative.

MBA launched the initiative in June to develop stronger and more effective affordable housing partnerships in both the policy and business spaces. MBA said that the partnerships aim to promote more sustainable, affordable homes for underserved people and communities, especially minorities and low- to moderate-income Americans.

The councils will provide the association with advice, feedback, and ideas related to where MBA should focus its resources, new business approaches, public policy, and strategic partnerships, as well as data and research.

"In order to identify, develop, and execute successful affordable housing partnerships, we need to utilize the expertise and talents of a diverse array of industry professionals," said Steve O'Connor, senior vice president of affordable housing initiatives at MBA. "I am grateful that these executives are willing to give some of their time to make sure MBA's efforts reflect the best thinking and have the highest chances of success."    

Each council consists of representatives from various MBA member companies.

Members of MBA's affordable rental housing advisory council:

  • Christine Chandler, M&T Realty Capital Corporation (co-chair)
  • Tony Love, Bellwether Enterprise Real Estate Capital co-chair)
  • Mark Beisler, Wells Fargo Multifamily Capital
  • Jonathan Camps, Love Funding Corporation
  • Hal Collett, PGIM Real Estate Finance
  • Michael Dury, Merchants Capital
  • Steve Ervin, Berkadia
  • Sarah Garland, CBRE Capital Markets
  • John Gilmore, Walker & Dunlop
  • Pharrah Jackson, Greystone
  • Hyung Kim, Pacific Life Insurance Company
  • Shekar Narasimhan, Beekman Advisors
  • Tracy Peters, Red Mortgage Capital, a division of ORIX Real Estate Capital
  • Bob Stout, Churchill Stateside Group
  • Paul Weissman, Hunt Real Estate Capital

Members of MBA's affordable homeownership advisory council:

  • Kristy Fercho, Flagstar Bank (co-chair)
  • Eddy Perez, Equity Prime Mortgage (co-chair)
  • Patty Arvielo, New American Funding
  • David Battany, Guild Mortgage
  • Gary Clark, Sierra Pacific Mortgage Company
  • Geoffrey Cooper, Mortgage Guaranty Insurance Corp. (MGIC)
  • John Gaines, Arch MI
  • Joseph Gutierrez, Union Bank
  • Nikki Holsopple, JPMorgan Chase & Co.
  • Jason Madiedo, Alterra Home Loans
  • Lenny McNeill, US Bank
  • Jay Plum, Huntington National Bank
  • Jeremy Potter, Quicken Loans, Inc.
  • Michelle Swindell, Bank of America
  • Miguel Vega, First Community Mortgage
  • Rita Ventresca, Wells Fargo Home Mortgage
  • Mark Vinciguerra, Union Home Mortgage
  • Dianne Wasson, HomeStreet Bank
  • Anthony Weekly, SunTrust Bank
  • Fowler Williams, Crescent Mortgage Company