The appointment of Douglas Moritz as associate VP of multifamily at the ""Mortgage Bankers Association"":http://www.mbaa.org/default.htm (MBA) was announced Monday by John A. Courson, president and CEO of the company.[IMAGE]
""Doug is a seasoned real estate finance professional whose experience spans more than twenty years in the commercial/multifamily industry,"" Courson said. ""His detailed knowledge of multifamily finance issues, both conventional and affordable, will prove invaluable to MBA as the leader in the multifamily sector and comes at a critical time when we advance Federal Housing Administration modernization and support a prudent[COLUMN_BREAK]
government role in the secondary market for multifamily loans and a smooth transition to the new model.""
In his new role at MBA, Moritz will work within the company's commercial/multifamily team to coordinate policy positions on multifamily issues. In addition, he will oversee most multifamily activities of MBA, including interaction with members and representation before HUD, Fannie Mae, Freddie Mac, and other groups affecting multifamily housing.
""I look forward to the many valuable contributions Doug will make on behalf of MBA, our members, and this dynamic industry,"" Courson said.
Moritz joins MBA from DOMO Consulting, LLC, where he served as principal. While at DOMO, Moritz designed and conducted strategies for companies to develop, build, or acquire rental residential property.
Before this, he was managing director for Prudential Mortgage Capital Corporation, where he was responsible for the strategy, analyses and procedures, and investment committee decisions on the company's Fannie Mae multifamily loan assets. Prior to this, Moritz was CEO of Washington Mortgage/The WMF Group. In addition, Moritz has also been involved in MBA's educational efforts and was a frequent speaker at its conferences.