Washington, D.C.—David H. Stevens, president and CEO of the Mortgage Bankers Association (MBA) announced that Michael Fratantoni, currently MBA’s vice president, single family research and policy development, will be appointed chief economist and senior vice president, research and industry technology, reporting directly to Stevens. Fratantoni will succeed Jay Brinkmann, and his appointment will be effective February 1, 2014.
Fratantoni will bring two decades of industry experience to his new position. 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 (RIHA) and President of the Mortgage Industry Standards Maintenance Organization (MISMO).
Prior to rejoining MBA in 2010, Fratantoni was an Economic Strategist within the Enterprise Risk Management Group of Washington Mutual, where he was responsible for assessing macroeconomic, regional and housing market trends that impacted Washington Mutual’s risk exposure and business prospects. Previously, he had been senior director of single family research and economics at MBA, after serving as director of economic and policy research at Fannie Mae where he managed the production of policy studies by leading academics on issues relevant to Fannie Mae and served as a technical expert within the Regulatory Policy group. He also served as a senior economist in Fannie Mae’s Credit Pricing group.
Fratantoni has a Ph.D. in economics from Johns Hopkins University and a B.A. in economics from The College of William and Mary. He has also served as an adjunct professor at the University of Washington, and Johns Hopkins, George Washington, and Georgetown Universities and has published papers in economics and real estate finance academic journals.