Mortgage Bankers Association nominates new vice-chairman

by Duffie Osental29 Jun 2020

The Mortgage Bankers Association (MBA) has announced that Matthew Rocco, chairman of the board and chief executive officer of Grandbridge Real Estate Capital, has been nominated to serve as its vice chairman for the 2021 membership year.

In a statement, MBA said that Rocco is expected to be installed at its annual convention in October. He is an active MBA member and currently sits on the association’s commercial real estate finance board of governors.

Rocco joined Grandbridge, a subsidiary of Truist Bank, in 1998. He is currently a member of the firm's board of managers, senior leadership team, and risk committee, where his responsibilities include corporate initiatives and Grandbridge's overall loan origination efforts. He also serves on Truist's leadership team and as an advisory member to several investors and capital correspondents.

“It is my pleasure to welcome Matt to MBA's leadership ladder,” said Brian Stoffers, chairman of MBA. “His energy, leadership, and practical business experience will be crucial as the residential and commercial/multifamily real estate finance businesses evolve, especially in the aftermath of the coronavirus pandemic.”