The launch of the Executive CMB follows a successful pilot program in which CampusMBA selected a group of highly qualified professionals to complete a six week online course, complete the same rigorous CMB exams and provide MBA with extensive feedback based on their experience. 

“CampusMBA developed this new approach for obtaining the CMB designation to incorporate the knowledge and skills these executives have already mastered through years of experience, while recognizing the demanding environment in which they are working,” said Paul Green, Senior Vice President of Corporate Relations, Education and Business Development. “After receiving overwhelmingly positive feedback from the pilot group, we look forward to offering this opportunity to the broader industry.”

Every candidate for an Executive CMB is required to have a minimum of 13 years of experience in real estate finance and hold a senior management position at an MBA member company. Following acceptance into the program, candidates complete a comprehensive six week online prep course guided by existing CMBs. The course covers industry issues, marketing and investor relations, loan administration, real estate law and regulation, financial management and strategy and residential originations and underwriting. Following completion of the course, candidates must pass a comprehensive written and oral exam. The first prep course will begin on July 10.

To learn more about the Executive CMB program offered by CampusMBA click here or call Alicia Willey at (202) 557-2766.  If you are a member of the media, please contact Carolyn Kemp at (202) 557-2727. 

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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 2,200 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.