| Title: | MBA Promotes Chief Financial Officer Angela Lazear to Senior Vice President |
| Source: | MBA |
| Date: | 12/16/2008 |
WASHINGTON, D.C. (December 16, 2008) - The Mortgage Bankers Association (MBA) today announced the promotion of Angela Lazear as Senior Vice President and Chief
Financial Officer. In this capacity, Lazear will be responsible for overseeing the development of the association's budgets,
accounting, treasury, technology infrastructure and information systems.
"At a time when the mortgage industry is undergoing enormous changes, we are very fortunate to have Angela as a member of
our senior management team," said John A. Courson, MBA's Chief Operating Officer. "Angela’s leadership has been critical in
the financial strategies and practices of MBA during this important period for our industry.”
Prior to joining MBA in 2000, Lazear was Executive Director of Finance for the National Rural Electric Cooperative Association
(NRECA) in Arlington, Va., a large trade, financial, and employee benefits services organization, where she led all financial,
treasury and budgeting activities.
Prior to her position with NRECA, Lazear served as Senior Audit Manager with the former Coopers & Lybrand where her diverse
client base included financial institutions, real estate and nonprofit organizations.
Lazear is a Certified Public Accountant and holds a Master’s of Business Administration from the Robert H. Smith School of
Business at the University of Maryland and a bachelor’s degree in Business Administration (with honors) from West Liberty
State College, Wheeling, W.Va.
The promotion is effective January 1, 2009.
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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 280,000 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.