Notice of MBA Annual Meeting and Distribution of Electonic Balloting

September 16, 2015

Continuing with recent practice, the Mortgage Bankers Association will once again elect its Officers and Directors electronically. All Regular Members will shortly receive an email ballot for the approval of the slate of Officers and At-Large Directors.

Authorized representatives of Regular Members on the books of MBA as of October 1, 2015 will receive ballots shortly thereafter. Under MBA’s bylaws, 2-1/2 percent of Regular Members are required to vote for the election to be effective. So–votes matter!

The ballot will be open for one week. It will be accessible on mobile devices. The email containing the ballot link will contain a randomly generated password for access to the ballot.

The MBA Annual Meeting will lead off the Annual Convention. It is scheduled for Sunday, October 18, 2015 at 5:15 p.m. PT in Ballroom 6 of the San Diego Convention Center on the Upper Level. At this session, the Officers and Directors will be sworn in.

This year’s chair of the Nominating Committee was E. J. Burke, Co-President of Key Community Bank. The full committee consists of:

E.J. Burke, Immediate Past Chairman, MBA
Bill Cosgrove, CMB, Chairman. MBA
William Emerson, Chairman-Elect, MBA
Rodrigo Lopez, CMB, Vice-Chairman, MBA
Reggie Leese, COMBOG Representative
Michael Malloy, RESBOG Representative
William McCue, RESBOG Representative
William Ross, COMBOG Representative
Debra Still, CMB, 2013 Chairman, MBA

The Nominating Committee’s nominees for FY2016 are:

For MBA Chairman: William C. Emerson, Chief Executive Officer of Quicken Loans Inc.;
For Chairman-Elect: Rodrigo Lopez, CMB, Executive Chairman of NorthMarq Capital Finance LLC; and
For Vice Chairman, J. David Motley, President of Colonial National Mortgage.

The slate of At-Large Directors starting new terms or filling vacancies consists of:

Rick Aneshansel, President and Chief Executive Office of U.S. Bank Home Mortgage;
Teresa Bryce Bazemore, President of Radian Guaranty Inc.;
D. Steve Boland, Managing Director of Consumer Lending;
Barrett Burns, President & Chief Executive Officer of VantageScore Solutions LLC;
Franklin Codel, EVP, Head of Home Lending of Wells Fargo Home Mortgage;
Tari Flannery, CMB, President of M&T Realty Capital Corp.;
Christopher George, President of CMG Financial;
C. William Griffin, Executive Vice President of Black Knight Financial Services;
T. Anthony Premer, Senior Managing Director of Pacific Life Insurance Co.;
Debra W. Still, CMB, President & Chief Executive Officer of Pulte Mortgage LLC;
Brian F. Stoffers, CMB, Global President, Debt & Structured Finance of CBRE Capital Markets; and
Kevin Watters, Chief Executive Officer, Mortgage Banking, with Chase.

Members of the Board of Directors returning to complete their terms, including At-Large Directors and representatives of the Commercial/Multifamily Board of Governors (“COMBOG”) and the Residential Board of Governors (“RESBOG”) are:

Richard Bennion, Executive Vice President. HomeStreet Bank
Nathan Burch, President, McLean Mortgage Corp.
Philip DeFronzo, President & Chief Executive Officer, Norcom Mortgage
Thomas S. Dennard, Chairman & Chief Executive Officer, Grandbridge Real Estate Capital LLC
Byron Boston, President and Chief Investment Officer, Dynex Capital Inc. (filling vacancy)
Jamie Korus, CMB, President, Alliance Home Loans
Christopher LaBianca, Managing Director, Head of Origination, UBS Investment Bank (filling vacancy)
Anand Nallathambi, President & Chief Executive Officer, CoreLogic Inc.
Kevin Pezzani, CMB, President/CEO, LSI Mortgage Plus
Kurt Pfotenhauer, Vice Chairman, First American Title Insurance Co.
Julie Piepho, CMB, President/National Operations, Cornerstone Home Lending Inc.
Robert M. Stout, CRI, President & Chief Executive Officer, Q10 Capital, LLC
Thomas L. Wind, Executive Vice President, Home Lending, EverBank

In addition to the At-Large Directors and the Immediate Past Chairman serving on the Board, the MBA Bylaws call for COMBOG and RESBOG to select four of its members to serve on the Board. Board members serve staggered two-year terms except for the Officers and the leadership of COMBOG, the latter of whom each serve one three-year term, corresponding to their term of service on the COMBOG ladder. David H. Stevens, MBA President and CEO, serves on the Board ex officio as a non-voting member. For FY2016 the Board of Directors will have 31 voting members.

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