The Mortgage Bankers Association announced that it nominated J. David Motley, president of Colonial Savings, based in Fort Worth, Texas, and its divisions, Colonial National Mortgage, CU Members Mortgage, and Community Bankers Mortgage, to be its vice chair for the MBA’s 2016 membership year.

Motley is currently a member of the MBA’s Board of Directors, and is the past chairman of the MBA’s Residential Board of Governors. In 2013, Motley received the MBA’s Distinguished Service Award, which is given annually to an MBA member for recognition of his or her service to the organization and the mortgage finance industry.

At Colonial, Motley oversees commercial lending, retail, consumer direct and credit union mortgage origination channels as well as human resources, legal and marketing functions.

Motley is set to be elected by MBA members at the MBA’s 102nd Annual Convention, which will be held this October in San Diego, CA.

"I am very pleased to announce David Motley’s nomination to be MBA’s Vice Chair for next year," said MBA Chairman Bill Cosgrove.  “Dave has been a leader at MBA and a strong voice for our industry, and his ability and experience will help MBA’s leadership to continue to serve our members at an extremely high level.”