The Mortgage Bankers Association
(MBA) nominated Pulte Mortgage
president and CEO Debra Still to serve as MBA's vice chair-elect.
Pulte Mortgage is the mortgage banking division of homebuilder PulteGroup (PHM)
MBA members will elect Still at the association's annual convention to be held in Atlanta in October.
She currently serves as chair of MBA's residential board of governors (RESBOG), is a member of the MBA board of directors and has been an MBA member for more than a decade.
"Deb has been one of our industry's most forward looking leaders as the mortgage banking business has gone through this period of unprecedented change," said MBA chairman Robert Story Jr, in a statement. "As the chair of RESBOG, she has been the leading voice behind a number of new MBA policies designed to deal with the new reality all our members face today."
Story added: " She brings fresh ideas, a new perspective and a leader's mentality, exactly what the industry needs as we rebuild the single family, multifamily and commercial real estate markets."
When elected in October by MBA members, Still will bring more than 30 years of experience in the mortgage industry to the role. She joined Pulte Mortgage in 1983. In 1997, she moved up to the role of executive vice president of production and then joined the Pulte Mortgage board of directors. She became chief operating officer in 1999 and CEO and president in 2004.
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