GENERAL SESSION: The Wave of Industry Consolidation

2026 MBA Vice Chairman; Vice Chairman, ICE Mortgage Technology

John Hedlund is the 2026 MBA Vice Chair and Vice Chairman of ICE Mortgage Technology. Hedlund is an experienced, entrepreneurial, business leader specializing in strategic design, effective application of technology integration, execution, and leadership of large, diverse financial services organizations. A prominent MBA voice and industry volunteer over the years, Hedlund has served as a board member for several organizations, including as a member of MBA’s Board of Directors, Board Chairman of MISMO, Chairman of MBA’s Residential Board of Governors (RESBOG), Board Member and past Chairman of the California Mortgage Bankers Association, and Advisory Board Member for Automated Mortgage Systems, Inc., and FundingShield, LLC. Hedlund has served in senior leadership positions in the mortgage divisions at several large financial institutions during his career. He also co-founded and served as Managing Director and Chief Operating Officer at AmeriHome Mortgage Company, where under his leadership, AmeriHome quickly grew to become the second-largest correspondent lender in the country. He helped lead the company’s sale to Western Alliance Bank in 2021, where he was a member of the leadership and executive team until 2024. He also founded and led Adanac Advisors Group, a boutique advisory and consulting firm. Hedlund holds a Masters of Business Administration from Dalhousie University and Bachelor of Business Administration in Finance, Economic, and Marketing from Simon Fraser University.

Chief Executive Officer and Director, Guild Mortgage Company

Terry L. Schmidt is the Chief Executive Officer and a Director of Guild Holdings Company. Terry has served as Guild Mortgage Company LLC’s Chief Executive Officer since July 2023 and as a member of its board of managers since August 2020. From 2006 to October 2020, she also served as a member of Guild Mortgage Company LLC’s board of directors. Prior to assuming the role of CEO, Terry served in a number of leadership positions at Guild Mortgage Company LLC, including as President from 2020 to 2023. Terry joined Guild Mortgage Company LLC in 1985. She is currently a member of the California Mortgage Bankers Association, a member of the board of directors of the Guild Giving Foundation, a non-profit organization, and a member of the Mortgage Bankers Association. Terry earned a bachelor of business administration degree in accounting from the University of San Diego and is a certified mortgage banker.

President and Chief Operating Officer, NFM Lending

Bob Tyson is the President and Chief Operating Officer of NFM Lending. With more than 25 years of leadership in the mortgage industry, Bob has been instrumental in driving NFM Lending’s growth and national recognition. Under his guidance, the company has expanded its divisions, enhanced its product offerings, and implemented innovative operational models, including a transition to direct agency sales. Bob’s strategic vision and commitment to quality have positioned NFM Lending as a top mortgage lender in the country. His extensive experience spans both the financial and operational sides of the business, and he has served in key advisory roles with Freddie Mac. In addition to his impressive professional achievements, Bob is a proud U.S. Marine Corps veteran, having served as an officer from 1995 to 1999.