David G. Kittle, chairman of the Mortgage Bankers Association (MBA), has appointed John A. Courson as the MBA's president and CEO, effective Jan. 1. Courson, currently serving as the MBA's chief operating officer, succeeds Jonathan L. Kempner, who in July announced that he would leave the MBA effective Dec. 31, 2008.
Courson has previously served the MBA as chairman in 2003 and as a member of the MBA's board of directors, the Residential Board of Governors and the Commercial Real Estate/Multifamily Finance Board of Governors (RESBOG).
He has previously served as chairman of RESBOG, the MBA's Legislative Steering Committee, MORPAC MBA's State and Local Liaison Committee and Mortgage Reform Task Force. He has also served as president of the California Mortgage Bankers Association and the Michigan Mortgage Bankers Association, and as a director of the Texas Mortgage Bankers Association.
‘I look forward to leading MBA on behalf of its members to stabilize the mortgage market and restore faith in our industry by helping struggling homeowners get help to stay in their homes and making sure the recent mistakes and excesses that landed us in the current difficulty are never allowed to be repeated, all the while ensuring that Americans have the opportunity to have an affordable roof over their head,’ says Courson.