The MPF Program is pleased to announce the creation of the MPF® Advisory Council, which will provide a national forum for experienced mortgage professionals—all PFIs—to share their expertise, experiences, and views of real estate lending activity and general market issues affecting housing. The Advisory Council will help identify best-in-class solutions to the problems and issues encountered by real estate lenders as they relate to the MPF Program and make recommendations to the program for the benefit of PFIs across the country.
The MPF Advisory Council will initially be composed of 18 PFI members; each of the FHLBanks participating in the MPF Program invited three PFIs. Terms will be for three years, although one-third of the initial membership will term out in 18 months, creating staggered terms to facilitate the Council’s growth and maturity. The Advisory Council reflects the diversity of the institutions that participate in the MPF Program nationwide. Below is the list of PFIs who have agreed to serve on the 2012 MPF Advisory Council.
The Council is meeting for the first time this week in Chicago. The MPF Program will provide updates on the Council’s activities and recommendations in future editions of this newsletter.
2012 MPF Program Advisory Council Shane Bellavance
Stoneham Bank
Stoneham, MA | Craig Kouba
First Bank Financial Center
Oconomowoc, WI | Darren Lee
First Bank and Trust
Sioux Falls, SD | Steve DeRaddo
Lyons National Bank
Lyons, NY
| Phillip Fague
Orrstown Bank
Shippensburg, PA
| Liz Renyer
GNB National Bank
Horton, KS
| Terri McQuillen
Community National Bank
Derby, VT | Tammy Jo McKenzie
Bank of Quincy
Quincy, IL | Darlene Mellier
The State Bank of Faribault
Faribault, MN | Bob Hart
Manasquan Savings Bank
Wall Township, NJ | Richard Haselbarth
Merck Sharp & Dohme Federal
Credit Union
Chalfont, PA
| Doyle Province
WEOKIE Credit Union
Oklahoma City, OK
| Judith Dodier
Northern Massachusetts
Community Credit Union
Lowell, MA | Dan Ravenscroft
Royal Bank
Mauston, WI
| Dale Owen
Ascentra Credit Union
Bettendorf, IA
| Anthony Cecchetto
OceanFirst Bank
Toms River, NJ
| Teresa Gregory
York Traditions Bank
York, PA | Leah Smejkal
Security State Bank
Omaha, NE
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