| Title: | MBA Names Brinkmann Chief Economist |
| Source: | MBA |
| Date: | 8/26/2008 |
WASHINGTON, D.C. (August 26, 2008) – The Mortgage Bankers Association today announced that Jay Brinkmann has been named the organization’s Chief Economist and
Senior Vice President for Research and Economics. Brinkmann has been with the MBA since 2001 and has served as the organization’s
Vice President of Research for most of that period.
“When the position first became vacant last March, Jay suggested we conduct a national search to find an ideal candidate,”
said John A. Courson, MBA’s Chief Operating Officer. “After months of interviewing many well-qualified candidates, it became
apparent that the best candidate already worked at MBA and we approached Jay to take the job.”
“Jay brings a unique set of qualifications to the position that will serve the mortgage industry well,” continued Courson.
“Beyond having a firm grasp of the fundamental drivers of the economy and the real estate industry, both single-family and
commercial/multifamily, Jay has an intimate knowledge of mortgage company business operations and business models. And perhaps
most importantly, Jay’s background in finance brings a capital markets perspective to the position that will be invaluable
to the industry as we work through the challenges now facing the secondary markets.”
Prior to joining the MBA, Brinkmann worked for Fannie Mae in the portfolio strategy and credit pricing areas. He was previously
on the business school faculty of the University of Houston where he specialized in the regulation of financial institutions
and teaching commercial bank management after having worked in the commercial lending division of Premier National Bank in
Louisiana. He also served as the Deputy of Chief of Staff for Louisiana Governor David C. Treen and was Treen’s press secretary
during Treen’s years in the House of Representatives.
Brinkmann holds a Ph.D. in Finance from Purdue University, an MBA from Tulane University and an undergraduate degree from
The George Washington University. He is a native of New Orleans and he and his wife Nancy currently reside in Virginia.
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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.