MBA Hires New Associate VP of Commercial Servicing
President and CEO of the Mortgage Bankers Association (MBA), John Courson, announced Wednesday that Kathy Marquardt will be the company's new associate vice president of Commercial Servicing division. Marquardt, who begins in early Aug., will serve as MBA's expert on commercial real estate loan servicing issues. Her duties will include coordinating all commercial business activities, such as programs and industry standards efforts, and managing all activities related to the commercial business councils of the Commercial Real Estate/Multifamily Finance Board of Governors. Before joining MBA, Marquardt worked in commercial servicing departments for KM Consulting and GMAC Commercial Mortgage Corporation where she designed and implemented strategies for companies to enhance commercial servicing operations as well as managed servicing operational units and wholesale acquisitions units. "Kathy is a seasoned real estate finance professional whose experience spans more than twenty years in the commercial/multifamily industry. Her knowledge of commercial servicing issues will prove to an invaluable asset to the organization as we move forward with key commercial issues," said Courson. "I look forward to the many contributions Kathy will make on behalf of MBA, our members and this industry." Marquardt will report to MBA's senior vice president of Commercial/Multifamily, Gail Cardwell. Write to Christine Ricciardi.