Mortgage Bankers Association (MBA) subsidiary and real estate finance standards organization MISMO named David Coleman as its new president. Coleman has more than 25 years of mortgage industry experience as an IT executive, management consultant, and senior business leader. He will join MISMO on April 3.
“David is an exemplary leader in the mortgage industry with a wealth of experience and expertise in strategic management, product development, and technology,” MBA President and CEO Bob Broeksmit said. “MISMO’s work to boost efficiency and accelerate the industry’s digital transformation is especially important in the current economic environment. David is well-suited to lead MISMO’s growth and strategic objectives on behalf of the industry.”
“MISMO’s work to advance the cause of a more efficient, smoother functioning mortgage market will benefit from David’s experiences as a reputable leader in our industry,” John Hedlund, chair of MISMO’s board of directors, said. “We look forward to having him join the team and lead MISMO into its next phase of service to the mortgage market. I also want to thank Jan Davis for her strong leadership and support to myself, the board, and our membership as our interim president.”
The scope of Coleman’s 25-plus year career included experience as a financial services and consumer and mortgage lending specialist,a senior IT executive and management consultant. Before becoming an independent industry consultant, Coleman served in leadership roles at KPMG, Newbold Advisors, the Summit Point Group, and Fannie Mae. He also previously served as a governance board member for MISMO.