MBA Recognizes 30 New Certified Mortgage Bankers


BOSTON–MBA Education, the education division of the Mortgage Bankers Association, recognized 30 industry professionals who earned the Certified Mortgage Banker (CMB) designation in a ceremony held here at the MBA Annual Convention & Expo.

Earning the CMB designation represents the highest professional honor within the real estate finance industry. The CMBs who received their designations this past calendar year will join a group of more than 1,200 industry professionals who have proven their commitment to excellence within the mortgage banking industry.

CMB candidates must acquire 150 points earned through a combination of professional experience, secondary education, continuing education through MBA-sponsored events and MBA Education courses, as well as participation in MBA at the local, state and/or national level. After accumulating required points and passing a comprehensive written exam, candidates must demonstrate industry knowledge by passing an oral exam conducted by a panel of CMBs.

“The CMB accreditation represents a real estate professional’s commitment to excellence and dedication towards the industry,” said Rodrigo López, CMB, MBA Chairman and Executive Chairman of NorthMarq Capital, Omaha, Neb. “As a CMB myself, I know the hard work that goes into earning the credential. I congratulate all of our recipients and wish them continued success in the years ahead.”

“I join MBA Chairman Rodrigo López in recognizing the dedication demonstrated by this year’s CMB graduates for achieving this professional milestone,” said Peter Grace, MBA Senior Vice President of Strategy & Member Services. “The CMB designation confers a set of skills that will serve them well throughout their careers.”

Candidates have the option of choosing among the Commercial CMB, Residential CMB or Master CMB designations. The Master CMB is a combination of both commercial and residential mortgage banking disciplines, while the Residential CMB and Commercial CMB focus on their respective subfields of the mortgage industry.

In June 2009, MBA launched the Executive Certified Mortgage Banker program. Designed for busy professionals, this program allows candidates to substitute their real-world knowledge and experience for many of the educational requirements of the CMB program.

To be eligible for the CMB designation, candidates must either work for an MBA member company or be a member of a recognized state MBA. Every candidate for an Executive CMB is required to have a minimum of 10 years of experience in real estate finance and hold a senior management position at an MBA member company.

MBA Education awarded the following industry professionals with the CMB designation for the period November 2015-October 2016:

Residential CMB Designees
–Rebecca Almstrom, CMB, AMP, Assistant Vice President/Correspondent Client Services, Wells Fargo Home Mortgage, Minneapolis
–Katie Barulsen, CMB, Assistant Vice President of Operational Compliance, Crescent Mortgage Co., Atlanta
–Karl Benjamin, CMB, Vice President of Wholesale/Correspondent Lending, Annie Mac, Phoenix
–Russell Brady, CMB, Vice President of Secondary Markets, Elevations Credit Union, Boulder, Colo.
–David Bridges, CMB, AMP, Branch Manager, First Heritage Mortgage LLC, Fairfax, Va.
–Curt Byers, CMB, First Vice President, Kinecta Federal Credit Union, Manhattan Beach, Calif.
–Ellysa Cummings, CMB, Chief Operating Officer, Marketplace Home Mortgage, Edina, Minn.
–Vance Edwards, CMB, AMP, Marketing Program Director, Mortgage Guaranty Insurance Corp., Milwaukee
–Deborah Goguen-Ellis, CMB, Mid-Atlantic Regional Sales Manager, Paramount Residential Mortgage Group, Vienna, Va.
–Marie Jaspers, CMB AMP, Assistant Vice President and Client Service Consultant, Wells Fargo Home Mortgage, Des Moines, Iowa
–Jeffrey Long, CMB, AMP, Director of Institutional Sales, Federal Home Loan Bank of Chicago
–Dave Loyst, CMB, Senior Vice President of the Financial Institutions Group, Stearns Lending LLC, Costa Mesa, Calif.
–Darren MacDonald, CMB, AMP, Assistant Vice President, Wells Fargo Home Mortgage, Minneapolis
–Moe Mansouri, CMB, Managing Director of the Retail Division, First Guaranty Mortgage Corp., Tysons Corner, Va.
–Robert Niemi, CMB, Financial Services Regulatory & Compliance Senior Advisor, BakerHostetler LLP, Columbus, Ohio
–Nick Pabarcus, CMB, AMP, Senior Vice President of Correspondent Lending, Stearns Lending LLC, Costa Mesa, Calif.
–Michael Paul, CMB, Director of National Accounts, Credit Plus Inc., Raleigh, N.C.
–Juan Rodas, CMB, Senior Vice President of Secondary Marketing, First Guaranty Mortgage Corp., Tysons Corner, Va.
–Jason Sasena, CMB: Senior Vice President of Residential Mortgage, Kinecta Federal Credit Union, Manhattan Beach, Calif.
–David Stagnitti, CMB, Vice President of Corporate Accounts, Genworth Mortgage Insurance, Petersburgh, N.Y.
–Teresa Talavera-King, CMB, AMP, Assistant Vice President, Wells Fargo Home Mortgage, Murrieta, Calif.
–Nancy Tomich, CMB, Senior Vice President, Astoria Bank, Mineola, N.Y.
–Nathan Vogt, CMB, Senior Vice President and Director of Mortgage Operations & Investor Markets, Associated Bank, Green Bay, Wis.
–Jennifer Whip, CMB, Managing Director, Garrett, McAuley & Co., Southeastern, Pa.

CMB Designees from the Executive Certified Mortgage Banker Program
–Nathan Burch, CMB, President, McLean Mortgage Corp., Fairfax, Va.
–Allison Johnston, CMB, Chief Operating Officer, Success Mortgage Partners Inc., Plymouth, Mich.
–Alexander Jung, CMB, AMP, Executive Vice President, BB&T, Greensboro, N.C.
–Clint Morgan, CMB, Senior Vice President, Ruoff Home Mortgage, Fort Wayne, Ind.
–Michael Paul, CMB, Managing Partner, Direct Mortgage Loans LLC, Baltimore
–Jeffrey Schummer, CMB, Vice President of Education Business Development, Mortgage Bankers Association