The Mortgage Collaborative, an independent lending cooperative serving small and mid-sized mortgage lenders and community-based lending institutions, announced several changes to its board of directors and executive management team.
After the changes, David Kittle (pictured above) will serve as vice chairman of the board, Debra Still (pictured below, left) will serve as secretary of board and Jim Park (pictured below, right) will serve as the Mortgage Collaborative’s chief executive officer.
Kittle and Still are both former chairs of the Mortgage Bankers Association, and Kittle is also a founding partner of the Mortgage Collaborative.
“The Mortgage Collaborative was founded upon the idea of empowering independent mortgage companies to achieve growth and financial stability, and each of these executives has demonstrated a unique commitment to helping the Collaborative fulfill its vision,” the Mortgage Colloborative’s chairman, John Robbins, said.
“Not only are these changes to the Collaborative’s board and management designed to strengthen its core mission, but they also portend exciting emerging opportunities for the Collaborative overall.”
Park is also a founding member of the Mortgage Collaborative, along with Robbins, who is also a former chair of the MBA, and Gary Acosta, the CEO of the National Association of Hispanic Real Estate Professionals.
“In today’s competitive and highly regulated mortgage environment, mortgage lenders must be able to take advantage of collective buying power to streamline operations while improving overall compliance and efficiency,” Park said.
“The Mortgage Collaborative is working to level the playing field for small and mid-sized mortgage lenders in meaningful ways, and I look forward to working with the industry-leading board of directors to fulfill this vision and deliver on the important work of the Collaborative,” Park added.