Director of Compliance at New American Funding Awarded Elite CMB Designation
- Oct. 18, 2011
New American Funding, a national leader in mortgage banking, is proud to announce that their Director of Compliance & Servicing, Erin Forbes, has been awarded the Certified Mortgage Banker(CMB) designation from the Mortgage Bankers Association (MBA).
The CMB is considered the highest professional designation for the real estate finance industry, with only 1,200 mortgage banking professionals having received the award since its inception in 1973. Forbes now joins this elite group, demonstrating her commitment and expertise in the industry.
Forbes exhibits the leadership qualities typical of a CMB designee; she has held multiple senior management positions in both retail and wholesale mortgage banking and correspondent lending over the past 20 years. Her extensive mortgage credit background in underwriting residential mortgage loans, and knowledge in quality assurance, regulatory and legal compliance and loan servicing, makes her a valuable asset to the New American Funding executive management team.
As a political activist, Forbes is involved with the MBA and MORPAC in Washington, DC in resolving issues associated with Dodd/Frank regulations that restrict creditworthy borrowers from attaining credit and excessive regulation that increases the cost of credit and creates undue burden on the industry. Erin is presently an active member in the following committees; MBA State Legislative and Regulatory Committee, MBA Mortgage Fraud Committee, Executive Member of the California Mortgage Bankers Association, Mortgage Quality Assurance Committee and an active member of the Association of American Mortgage Regulators.
President and CEO of New American funding comments "Erin Forbes is a role model to the company and the industry as a whole."
About New American Funding
New American Funding, Direct Lender, began with a clear vision and a plan for gradual but steady expansion. Reaching out to consumers nationwide from a central location in Orange County, CA, New American Funding has grown to be an industry leader in both the purchase and refinance markets for FHA, VA, Conventional & Jumbo Loans. For more information about New American Funding please contact Jennette Landrum at email@example.com or visit our website www.NewAmericanFunding.com.