Michael Fratantoni, currently vice president, single-family research and policy development at the Mortgage Bankers Association (MBA), has been promoted to chief economist and senior vice president, research and industry technology.
Fratantoni will start in his new role on Feb. 1. He will succeed Jay Brinkmann, who recently announced his retirement.
Fratantoni has two decades of industry experience. In his current position, he serves as Brinkmann's top deputy on residential real estate and economic issues, managing MBA's industry surveys, economic and mortgage originations forecasts, industry technology efforts, and policy development research for issues impacting single-family lending. He is also executive director of MBA's Research Institute for Housing America and president of the Mortgage Industry Standards Maintenance Organization.
‘Mike has been an invaluable resource to MBA and its members as we try and navigate an ever-changing industry and economic environment,’ says David Stevens, president and CEO of the MBA, in a release. ‘His ability to compile and analyze data and apply it to complex public policy discussions has been a major factor in MBA effectively representing its members as policymakers implement many post-crisis reforms. His work has enabled us to make fact-based arguments about the impact of proposed rules, arguments that were critical in improving many of the Dodd-Frank reforms during the notice and comment period.’