John A. Courson Appointed New President, CEO of MBA

By Anuradha Kher, Online News EditorWashington, D.C.–The Mortgage Bankers Association (MBA) has appointed John A. Courson as MBA’s new president and CEO. Courson, currently serving as MBA’s Chief Operating Officer, succeeds Jonathan L. Kempner who announced his departure from MBA last July. “Courson brings to MBA a wealth of experience and industry knowledge, and I am confident in his leadership both in terms of business savvy, political and advocacy skills,” says Kittle. Courson has previously served MBA as chairman in 2003 and as a member of MBA’s Board of Directors, the Residential Board of Governors (RESBOG) and the Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG). He has also served as chairman of RESBOG, MBA’s Legislative Steering Committee, MORPAC MBA’s State and Local Liaison Committee and Mortgage Reform Task Force. Courson served as president of the California Mortgage Bankers Association and 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; and 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,” says Courson.  In 2004, Governor Arnold Schwarzenegger appointed Courson to the Board of Directors of the California Housing Finance Agency. He was chairman of the Board before he joined MBA.