The spring election, conducted by MBA's 44 adjunct state associations, resulted in four new representatives to the council.  MBA’s State and Local Advisory Council consists of nine members – four from the Western Region and four from the Eastern Region, plus a Chairman.  The current Chairman of the Council is Phil Bracken, Executive Vice President at Wells Fargo Home Mortgage and a member of MBA’s Board of Directors.

For the Western Region, the new association manager representative is Al Thorup, executive director of the Indiana Mortgage Bankers Association, and the new volunteer representative is Rosemary Barbour, director of client services at Beadles, Newman & Lawler, P.C. in Dallas, Texas.

In the Eastern region, the new association manager representative is Rhonda Marcum, executive director of the Mortgage Bankers Association of the Carolinas, and the new volunteer representative is Ron Agasar, regional vice president for Franklin American Mortgage Company.  Mr. Agasar is located in Marlton, New Jersey. 

The new representatives will join incumbents on the Council, who will continue service through October, 2009.  They include Western Region representatives John Norman, executive director of the Utah Mortgage Lenders Association and Julie Piepho, CMB, CML; senior vice president of Cornerstone Mortgage, Houston Texas.  The Eastern Region continues to be represented by Jean Rosen, CAE; executive director of the Mortgage Bankers Association of Metropolitan Washington and Roberta Wilson, branch manager for New South Federal Savings Bank in Lexington, Kentucky.
   

###

The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 370,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation's residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,400 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field. For additional information, visit MBA's Web site:  www.mortgagebankers.org.