Mortgage Bankers Assn. hires Marquardt as associate vice president

According to John Courson, president and CEO of the Mortgage Bankers Association (MBA), Kathy Marquardt has been apppointed as associate vice president of commercial servicing and council coordinator, effective August 9th. In this role, Marquardt will serve as MBA's expert on commercial real estate loan servicing issues. In addition, she will coordinate all commercial business activities, including programs and industry standards efforts and manage all activities related to the commercial business councils of the Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG). She will report to MBA's Senior Vice President of Commercial/Multifamily, Gail Cardwell. Marquardt is joining MBA from KM Consulting, where she designed and assisted in the implementation of strategies for companies to enhance their commercial servicing operations. "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 be 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." Previously, Marquardt was with GMAC Commercial Mortgage Corporation, where for 11 years she worked in a variety of senior positions including most recently as Senior Vice President and Managing Director of Servicing Operations. In these roles, Marquardt managed GMAC's servicing operational units and the wholesale acquisitions unit and served as the primary industry relations representative. Marquardt holds an MBA from Texas A&M University and a bachelor's degree from University of Connecticut. The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation's residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,200 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field. For additional information, visit MBA's Web site: www.mortgagebankers.org.