The Mortgage Bankers Association announced the promotion of Kenneth A. Markison to vice president and regulatory counsel.

In his new role, Markison will be responsible for leading and managing MBA’s public policy initiative around residential loan production, legal issues and regulatory compliance. Previously, Markison was the associate vice president and regulatory counsel. He joined the MBA in 2004 as the senior director and regulatory counsel.  

"Ken’s understanding of the mortgage regulatory landscape, and how new rules and regulations will impact operations of MBA member firms, is without peer. Given all the regulatory changes our members face in the ongoing implementation of the Dodd-Frank law, Ken’s expertise and leadership is more important than ever," said MBA President and CEO David H. Stevens.