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MMBBA CMB Designations

Michael Paul of Direct Mortgage Loans and Nathan Burch of McLean Mortgage 2 of 30 New Certified Mortgage Banker (CMB) Graduates

Boston, MA (October 23, 2016) – MBA Education, the award-winning education division of the Mortgage Bankers Association (MBA), recognized 25 individuals who earned the Certified Mortgage Banker (CMB) designation at a ceremony held at MBA’s 103rd Annual Convention & Expo in Boston, MA. Earning one’s CMB is the highest professional honor within the real estate finance industry.
The 25 CMBs who received their designations this past calendar year will join a group of more than 1,200 industry professionals who have proven their commitment to excellence within the mortgage banking industry.
“The CMB accreditation represents a real estate professional’s commitment to excellence and dedication towards the industry,” said MBA Chairman Rodrigo López, CMB, Executive Chairman of NorthMarq Capital. “As a CMB myself, I know the hard work that goes into earning the credential. I congratulate all of our recipients and wish them continued success in the years ahead.” CMB candidates must acquire 150 points earned through a combination of professional experience, secondary education, continuing education through MBA-sponsored events and MBA Education courses, as well as participation in MBA at the local, state and/or national level. After accumulating the required points and passing a comprehensive written exam, candidates must demonstrate industry knowledge by passing an oral exam conducted by a panel of CMBs.
"I join MBA Chairman Rodrigo López in recognizing the dedication demonstrated by this year’s CMB graduates for achieving this professional milestone," said Peter Grace, MBA's Chief Information Officer and Senior Vice President of Strategy & Member Services. "The CMB designation confers a set of skills that will serve them well throughout their careers.”
Candidates have the option of choosing among the Commercial CMB, Residential CMB or Master CMB designations. The Master CMB is a combination of both commercial and residential mortgage banking disciplines, while the Residential CMB and Commercial CMB focus on their respective subfields of the mortgage industry.
In June 2009, MBA launched the Executive Certified Mortgage Banker program. Designed for busy professionals, this program allows candidates to substitute their real-world knowledge and experience for many of the educational requirements of the CMB program.
In order to be eligible for the CMB designation, candidates must either work for an MBA member company or be a member of a recognized state MBA. Every candidate for an Executive CMB is required to have a minimum of 10 years of experience in real estate finance and hold a senior management position at an MBA member company.
MBA Education awarded the following industry professionals with the CMB designation from November 2015 to October 2016:

CMB Designees from the Executive Certified Mortgage Banker program

Nathan J.  Burch, CMB: President, McLean Mortgage Corporation – Fairfax, VA
Allison Johnston, CMB: Chief Operating Officer, Success Mortgage Partners, Inc. – Plymouth, MI
Alexander Jung, CMB, AMP: Executive Vice President, BB&T – Greensboro, NC
Clint Morgan, CMB: Senior Vice President, Ruoff Home Mortgage – Fort Wayne, IN
Michael T. Paul, CMB: Managing Partner, Direct Mortgage Loans, LLC – Baltimore, MD
Jeffrey M. Schummer, CMB: Vice President – Education Business Development, Mortgage Bankers Association – Washington, DC

About F.A.C.E.

Former charge-card hawker, Chris Palermo, founds a nonprofit devoted to financial literacy

Chris Palermo of Global DMS estimates that he recruited more than 20,000 people to sign up for charge cards — most of them college students — while working at his first job out of college for a credit card company.

Years later, he began to experience a tinge of regret when he became a mortgage broker and found himself turning down 20-something after 20-something because they had too much debt to qualify for a mortgage. He founded the nonprofit F.A.C.E. — the Foundation for Adolescent Credit Education — to warn teens (seventh grade through first-year college students) about these tricks and to teach them the importance of creating and maintaining a high credit score.

F.A.C.E. also stresses the importance of saving. “I try to do a lot of exercises to help them understand how if they start saving at a young age, their savings will grow over time,” Palermo says.

Participating schools don’t have to pay for F.A.C.E. workshops, but many make a small donation to cover the cost of materials — mainly, the cost of printing the financial literacy workbook that Palermo created for his workshops. He also raises money through grassroots fundraising methods such as raffles and dinner events, as well as through its website. F.A.C.E. is a fully volunteer effort. www.faceforstudents.org

Chris Palermo is a Sales Manager for Global DMS, a compliant web-based appraisal valuation management software company.

The Comfort of Home – CoesterVMS teams up with NCCF to help children in foster care 

The trash bag Amaya arrived with was white with red handles. Not that it matters what the trash bag looked like. A trash bag is a trash bag. But Amaya’s father remembers those colors—they stuck with him. The little girl was standing in the doorway of her third foster home carrying her whole life in a white trash bag with red handles. 
“She was really quiet. My partner, Reece, walked her upstairs to her bedroom while I carried her brother, Makai,” says Rob Chasteen-Scheer, a former NCCF foster parent who adopted Amaya and Makai two years ago. “She walked into the room and started smiling, falling on the bed, hugging the bear we had waiting for her.” 

All four of Chasteen-Scheer’s children—Amaya, 9, Makai, 6, Greyson, 6, and Tristan, 4—were dropped off at his house with nothing but trash bags. They were removed from their Northwest DC homes because of abuse and neglect. When they left, that’s all they had with them. “Everything in their bags seemed like it had been worn a thousand times,” says Chasteen-Scheer. 
That’s why the Comfort Case Drive is so important, he says. Because children in the system often go from place to place without a suitcase, stuffed animal, or cozy PJs. He wants infants, children, and adolescents in foster care to travel with some of the comforts of home, anything to make them feel a little more secure in the midst of chaos. 
“We took the kids out shopping the first night and Amaya, who was four, picked out a Cinderella nightgown,” saysChasteen-Scheer, Senior Vice President of CoesterVMS in Rockville. “Her face lit up when she tried it on. It was new—and it was hers.” 

Chasteen-Scheer understands the loneliness that comes with being in foster care. He lost both of his parents when he was ten years old. He carried a trash bag with him as he traveled to foster homes in Northern Virginia. “I went to several homes within a couple weeks,” he says. “More than 30 years later, I remember my foster parents taking me to buy clothes for church because I only had tattered pants and stained T-shirts.” 

With support from the community, Chasteen-Scheer and his colleagues at Coester hope to have 1,000 Comfort Cases by mid-December. Volunteers will fill them with everything from soap and toothpaste to blankets, pajama sets, and stuffed animals. “Amaya still has the bear we got for her five years ago,” he says. “It’s still on her bed.” 

For more information about the Comfort Case Drive,  visit NCCF’s events page or http://comfortcases.org/

Edward J. Levin has been named Chair of the Real Estate Practice Group for the law firm of Gordon Feinblatt LLC 

Levin has been practicing law since 1976 and joined Gordon Feinblatt in 2010 after 33 years with DLA Piper.  He has just completed a four-year term as Chair of the Legal Opinions in Real Estate Transactions Committee of the Section of Real Property, Trust and Estate Law (RPTE) of the American Bar Association (ABA), and he is vice-chair of the ABA RPTE Section's Real Estate Financing Group. He is past chair of the Section of Real Property, Planning and Zoning of the Maryland State Bar Association, Inc. (MSBA).

Among numerous awards, Ed was named by Best Lawyers in America as the 2012 "Baltimore Real Estate Law Lawyer of the Year."  He has been listed in each edition of Best Lawyers in America for real estate law since 1989. 

Mr. Levin succeeds David H. Fishman, who chaired Gordon Feinblatt's Real Estate Practice Group for 24 years and remains an active member of the Firm's Real Estate Practice Group.   Levin will continue to provide counsel in real property areas, including real estate financing, leasing, purchase and sale, and workouts and foreclosure.  

Mr. Levin has been an active member of the Maryland Mortgage Bankers since 1991, serving on the Legislative Committee since 1991, a member of the MMBA Board of Governors from 1993-1996, has served as the association’s Legal Counsel since 1995, and was recognized as the Associate of the Year in 2004.

Apex Home Loans

Apex Home Loans was awarded the Small  Business of the Year Award (51-200 employees) on May 24, 2013 by the Montgomery County Department of Economic Development.  The May 24th event was organized to honor the important contributions made by the County’s 33,000-plus small businesses and to recognize winners in eight distinct award categories.  Montgomery County Executive Isiah Leggett joined with Montgomery County Department of Economic Development (DED) director Steve Silverman, Montgomery County Council president Nancy Navarro and some 300 local business owners and representatives at the Inaugural Montgomery County Small Business Awards luncheon. 

"This select group of honorees represent the very best Montgomery County has to offer," said Leggett. "We honor and thank them not just for being here but growing, supporting jobs and thriving here in Montgomery County. The creativity and innovation of Montgomery County’s entire business community – and our small businesses in particular - never ceases to amaze me."
Small businesses represent the heart of the Montgomery County economy,” said Silverman. Our Department and the County recognize and truly value the significant contributions this sector makes in supporting our local economy, and today’s awards luncheon was our small way of saying ‘thank you’ for all you do.”