MBA Appoints Pete Carroll and Andy Crisenbery to MISMO Board of Directors

CONTACT
Rob Van Raaphorst
rvanraaphorst@mba.org
(202) 557- 2799

WASHINGTON, D.C. (February 15, 2017) - The Mortgage Bankers Association (MBA), parent corporation of the Mortgage Industry Standards Maintenance Organization (MISMO), appointed Pete Carroll, Executive Vice President at Quicken Loans, and Andy Crisenbery, Senior Vice President, Managing Director of eLending Solutions at Black Knight Financial Services, to the MISMO Board of Directors.

"Pete's background in both lending and the regulatory environment, along with Andy's knowledge of vendors and MISMO, will help ensure that the MISMO Board of Directors has the broad perspective to oversee the organization and ensure that it serves the entire mortgage industry. I congratulate them on their appointments and look forward to their continued contributions," said David H. Stevens, CMB, President and Chief Executive Officer of MBA. 

The MISMO Board of Directors represents a cross-section of the real estate finance industry that manages and directs MISMO's business and affairs. The MISMO board consists of representatives from the residential and commercial mortgage industry who serve two year terms.

Kyung Cho-Miller, Linglong He, and Eddy Wetsel will be stepping down from the MISMO Board of Directors.  "I would like to thank Kyung, Linglong and Eddy for their considerable contributions to MISMO over the years" said Mike Fratantoni, MISMO President. "Their efforts have been invaluable to preparing the organization to evolve the standards to support ever-expanding industry needs."

New board members serving in an ex-officio capacity are new MISMO Committee chairs Charlie Epperson, Chief Technology Officer of SigniaDocs, Chair of the MISMO Education Committee; Randy Poirier, Vice President - Data Solutions at Black Knight Financial Services, Chair of the Residential Standards Governance Committee; and Matt Seu, Partner, Actualize Consulting, Chair of the MISMO Strategic Planning Committee. 

Pete Carroll is an Executive Vice President at Quicken Loans where he provides expertise on recent and pending changes to legislation and regulations in the origination, servicing, and secondary markets.  Pete previously served as Assistant Director of the Office of Mortgage Markets at the Consumer Financial Protection Bureau (CFPB), leading a team responsible for monitoring and analyzing markets for mortgage related products and services, as well as assessing the impacts of mortgage rulemaking on lenders, consumers, and other stakeholders.

Andy Crisenbery is the Senior Vice President, Managing Director of eLending Solutions at Black Knight Financial Services, where he oversees key operations of the company. Andy has been involved with MISMO for several years, helping to create and lead the Membership and Revenue Committee.

Carroll and Crisenbery join the following members of the MISMO Board of Directors: Nancy Alley, Vice President, Strategic Planning at Simplifile, Bill Beckmann, President and CEO of MERSCORP Holdings, Inc.; Kathy Gray, Executive Vice President Business Compatibility Development at Wells Fargo Home Mortgage; Michelle L. Korsmo, Chief Executive Officer of the American Land Title Association; Gabe Minton, Senior Vice President and Chief Technology Officer of PHH Mortgage; Ken Rivkin, Global Head of Commercial Real Estate and Managing Director at Auction.com, a Ten-X Company; Joe Tyrrell, Executive Vice President at Ellie Mae; Joshua Weinberg, Senior Vice President for Compliance, First Choice Loan Services, Inc; and Mike Fratantoni, President of MISMO and Chief Economist, Senior Vice President, Research and Industry Technology, Mortgage Bankers Association.