MBA Names Bill Packer Chair of RESTECH

BillPackerThe Mortgage Bankers Association announced Bill Packer, Executive Vice President and Chief Operating Officer at American Financial Resources Inc., Parsippany, N.J., as new chairman of its Residential Technology Forum (RESTECH).

Packer has served in a variety of leadership roles in his nearly 30 years in the financial services industry, including management positions in sales, operations, project management, ecommerce, retail banking and consumer and mortgage lending. Prior to joining AFR, he served as Senior Vice President and Application Programming Executive in Bank of America’s Home Loans technology organization, where he supported both the first mortgage and home equity lines of business. He was also a senior faculty member at Keller University from 2001 to 2005 and has served on boards for a variety of nonprofit organizations.

“Technology and innovation continues to transform every facet of the residential mortgage landscape, and through RESTECH, MBA is committed to bringing industry leaders and tech experts together to address the challenges and opportunities facing our members, investors and consumers,” said Mike Fratantoni, MBA Senior Vice President and Chief Economist. “Bill’s successful leadership and breadth of knowledge in the financial services industry will serve him well as chair of RESTECH. We appreciate his time and commitment in helping us offer a platform for members to solve problems and enhance the mortgage experience.”

RESTECH helps MBA members address technology issues facing the residential mortgage industry and provides a forum for members to identify and implement solutions. For more information or to join RESTECH, contact