BREAKOUT SESSION: Tax Considerations in Mortgage Finance

Vice President, Financial Management, Tax and Accounting Policy, Mortgage Bankers Association

Fran Mordi joined the Mortgage Bankers Association in May of 2017 after 20 years of post-Law school experience in the areas of tax and accounting. Prior to joining MBA, Fran worked at the American Bankers Association and Deloitte Tax, LLP on domestic and international tax issues impacting the financial services industry. Fran has specific expertise in putting together training sessions and presenting at bank tax conferences and panels. Fran has extensive experience working with the banking regulators, FASB, the Treasury and Congress as an advocate of the financial services industry. Fran holds a J.D. from New England Law School, Boston, MA, and an LL.M in Taxation from Georgetown University Law School, Washington, DC.

Tax Manager, Cathedral CPAs & Advisors, LLP

Tatsiana Chubatyy is a seasoned tax professional with over 15 years of experience in public accounting, specializing in mortgage banking taxation, multistate compliance, and tax advisory services for high-net-worth individuals. As Tax Manager at Cathedral CPAs and Advisors, she has been a key part of the firm for more than seven years, advising clients across the mortgage and financial services sectors. Tatsiana is committed to helping mortgage institutions stay compliant and future-ready and is recognized for her ability to clearly communicate complex tax issues and offer tailored, strategic guidance, in addition to her client-facing responsibilities, Tatsiana plays a supervisory role in staff development and training.

Tax Partner, Mortgage Banking & Tax Practice Leader, Richey May

Jared Frost is a tax partner and leads Richey May’s Mortgage Banking Tax Practice. He has managed relationships with clients in various industries, including mortgage banking, real estate, wholesale, retail and professional services. He currently specializes in providing tax compliance and consulting services to privately held mortgage banking companies throughout the country. Jared helps clients understand the tax opportunities and consequences that arise from their business decisions. Previously, he worked at KPMG, LLP. Jared grew up in Los Angeles, but now resides in Parker, Colorado with his wife, Holly, and their seven children.

Vice President of Legislative Affairs, Mortgage Bankers Association

Rachel Kelley is the Vice President of Legislative Affairs at the Mortgage Bankers Association, focusing her lobbying efforts on the Republicans in the House of Representatives. She was previously Assistant Vice President of Political Affairs at the MBA since 2021. Kelley was formerly in political fundraising working for CLT Host 2020, Inc, the RNC (Republican National Committee), and NRSC (National Republican Senatorial Committee). Prior to fulltime political fundraising, Kelley managed the International Council of Shopping Centers (ICSC) PAC and helped represent ICSC on the Hill and worked on the National Association of Home Builders (NAHB) PAC. Before NAHB Kelley was a junior lobbyist at a boutique lobby firm specializing in education appropriation grants for community colleges, technology companies and organizations and business development. She began her career in Washington, DC working for her home state Senator Jeff Sessions (R-AL) and maintains ties with her state through her membership in the Alabama State Society and her diehard support of her Alma mater The University of Alabama.