Jonathan Kempner will be stepping down from his role as president and chief executive officer of the Mortgage Bankers Association on December 31. Kempner joined the company in March 2001 to lead the firm through a turnaround in its operations. Under his leadership, the association doubled its revenues and operating reserve fund.
In a release Kempner said "This has been an extremely intellectually stimulating and rewarding period in my professional life. Navigating the highs and lows of the real estate cycles, with a first rate leadership and wonderful membership, afforded me a rare opportunity to contribute to one of the most important industries in our society. I am very proud of the extraordinary staff I have helped assemble at MBA, as my colleagues' dedication, intelligence and expertise make a true difference in the overall quality of life for many Americans. MBA's mission, I am convinced, will be enhanced with new leadership, and on a personal level, I very much look forward to a new position of leadership myself after nearly 8 wonderful years at MBA."
Addition
Additionally, John A. Courson will be named Chief Operating Officer of the Mortgage Bankers Association during the transition period, effective August 1. Courson will become President of MBA on January 1, 2009.







