MBA Announces Four New MISMO Board Members

Posted by Patrick Barnard on January 05, 2015 No Comments
Categories : Residential Mortgage

Four mortgage industry veterans – Bill Beckmann, Kyung Cho-Miller, Michelle Korsmo and Joe Tyrrell – joined the board of directors of the Mortgage Industry Standards Maintenance Organization (MISMO), the standards development body for the mortgage industry, the Mortgage Bankers Association (MBA) recently announced.

Beckmann is president and CEO of MERSCORP Holdings Inc. and its subsidiary, Mortgage Electronic Registration Systems Inc. He joined MERSCORP Holdings from Beckmann Insights, an independent consulting firm. He was formerly chairman and CEO of CitiMortgage Inc., where he was responsible for strategy, sales, operations, capital markets and regulation/compliance.

Cho-Miller is executive director and fair lending counsel at JPMorgan Chase. As fair lending counsel, she works closely with the corporate compliance team to review and test aspects of consumer and small businesses to assess fair lending compliance and risk. She also works closely with the exam team on regulatory and investor exams on the Fair Lending Act, Community Reinvestment Act and the Home Mortgage Disclosure Act.

Korsmo is CEO of the American Land Title Association, the national trade association for real estate settlement services and the land title industry, where she leads the association's efforts to promote the safe and efficient transfer of ownership of real property.

Tyrrell is senior vice president of corporate strategy at Ellie Mae, a provider of software solutions to the mortgage banking industry. Tyrrell oversees Ellie Mae's business and corporate development efforts involving the company's network of current and potential business partners and merger and acquisition strategies. He also oversees a number of strategic initiatives, including Ellie Mae's Total Quality Loan program and customer relationship management offerings.

In addition, the MBA has announced that Harry Gardner will be stepping down from the board of directors at MISMO.

In a release, Mike Fratantoni, president of MISMO as well as senior vice president and chief economist for the MBA, says Gardner's contributions ‘have been invaluable to evolving the standard into the industry asset that it is today.’

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