MBA Appoints AVP of Commercial Servicing and Council Coordinator

The ""Mortgage Bankers Association"":http://www.mbaa.org/default.htm (MBA) recently named Kathy Marquardt AVP of commercial servicing and council coordinator. This appointment will become effective August 9, 2010.

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In her new role, Marquardt will serve as MBA's ""expert"" on commercial real estate loan servicing issues. Additionally, she will coordinate all commercial business activities, including programs and industry standards efforts, and

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she will also manage all activities related to the commercial business councils of the Commercial Real Estate/Multifamily Finance Board of Governors.

Marquardt joins MBA from KM Consulting, where she designed and assisted in the implementation of strategies for companies to enhance their commercial servicing operations. She also previously spent 11 years with GMAC Commercial Mortgage Corporation, where she worked in a variety of senior positions, including SVP and managing director of servicing operations. In these roles, Marquardt managed GMAC's servicing operational units and the wholesale acquisitions unit, and she served as the primary industry relations representative.

""Kathy is a seasoned real estate finance professional whose experience spans more than twenty years in the commercial/multifamily industry,"" said John A. Courson, MBA's president and CEO. ""Her knowledge of commercial servicing issues will prove to be an invaluable asset to the organization as we move forward with key commercial issues. I look forward to the many contributions Kathy will make on behalf of MBA, our members, and this industry.""