Brian Stoffers, CMB, Sworn in as 2020 MBA Chairman

Rob Van Raaphorst
(202) 557-2799

Susan Stewart Sworn in as Chairman-Elect, Kristy Fercho as Vice Chairman

AUSTIN, TEXAS (October 27, 2019)Brian Stoffers, CMB, Global President, Debt & Structured Finance at CBRE, was sworn in today as Chairman of the Mortgage Bankers Association (MBA) during the association's 2019 Annual Convention & Expo in Austin, Texas.

Stoffers has been an active MBA member for more than 25 years, holding several leadership positions within the organization. Stoffers serves on MBA's Executive Committee, is Chairman of the Audit Committee, and Co-Chair of the GSE Reform Committee. Most recently, he served as 2019 Chairman of MBA's Diversity and Inclusion Committee. In addition, Stoffers previously served on the Commercial Real Estate/Multifamily Finance Board of Directors (COMBOG), and is the former Chairman of the Task Force on GSE Reform and Capital Markets Committee.

"I am honored to serve as MBA's 2020 Chairman and I am excited for the year ahead," said Stoffers. "I look forward to working with Susan and Kristy to help MBA be successful and ensure that our members' needs and issues are well served."

Susan Stewart, CEO at SWBC Mortgage and Kristy Fercho, President of Mortgage at Flagstar Bank, were also sworn in as Chairman-Elect and Vice Chairman, respectively. 

Stewart joined SWBC in 1989 and under her leadership, SWBC Mortgage has grown from three employees to 615 individuals operating in 39 states, with annual sales of $3 billion and a servicing portfolio exceeding $10 billion. 

Stewart currently serves as a member of MBA's Board of Directors, sits on MBA's Residential Board of Governors (RESBOG), and is on the board of the MBA Opens Doors Foundation (ODF). In addition to serving on ODF's board, both Stewart and SWBC Mortgage have been recognized as Guardian-level donors of the organization. Recently, Stewart was recognized as one of HousingWire's 2019 Women of Influence. 

Fercho joined Flagstar Bank in 2017 after 15 years with Fannie Mae, where she served as Senior Vice President, Customer Delivery Executive, responsible for the strategy and business performance of all single-family customers in the western United States. Prior to Fannie Mae, she worked for PepsiCo and Baxter Healthcare.

Fercho currently serves as a member of MBA's Board of Directors and sits on MBA's Audit Committee as well as RESBOG. She is also on the board of the Detroit Zoological Society and CityYear, and is a past president of the board of Habitat for Humanity, Chicago. MReport recognized her as one of its Top Women in Housing, and Diversity Journal listed her among its Women Worth Watching.