The ""Mortgage Bankers Association"":http://mbaa.org/default.htm (MBA) announced the nomination of ""Quicken Loans"":http://www.quickenloans.com/ CEO Bill Emerson to be its vice chair for the 2014 membership year.[IMAGE]
Emerson has served on MBA's board of directors and as vice chair of its Residential Board of Governors. He is currently a member of the group's GSE Single Family Task Force and has also served on its SAFE Advisory Task Force and the Repurchase Work Group.[COLUMN_BREAK]
Emerson will be elected by MBA members at the association's 100th Annual Convention in October.
""I am extremely pleased that Bill will be joining MBA's Executive Committee. He has been a pioneer and a leader in our industry for more than two decades,"" said MBA chairman Debra W. Still, CMB. ""Bill's unique perspectives and strong experience will play a critical role in further shaping and driving MBA's ongoing efforts toward a vibrant, sustainable real estate finance system which will serve the needs of all borrowers.""
Emerson joined Quicken Loans in 1993 as a mortgage banker. He is credited for pioneering the company's ""Mortgage-In-A-Box"" concept, a way of doing business over the phone that led to the centralized business model in use by the company today. He also ran several business units at Quicken Loans, including the early stages of its Web center and a joint venture with Michigan National Bank. He was promoted to CEO in 2002.
He has also been the recipient of the ALS Association's Iron Horse Award and the Salvation Army's William Booth Award, its highest honor.