October 28, 2014

Cleveland Business Owners Bring Powerful Voice to Mortgage Finance Industry

Key Bank President, E.J. Burke passes the torch to Union Home Mortgage Corp. CEO, Bill Cosgrove for the role of 2015 MBA Chairman

CLEVELAND - Thousands of mortgage banking and finance professionals gathered in Las Vegas for the Mortgage Bankers Association’s 2014 Convention last week. This event was filled with special guests, finance and mortgage updates, and political landscape projections; with a headline event of swearing in the new MBA Chairman.

Union Home Mortgage Corp. (UHM) was represented by their CEO, Bill Cosgrove, as he took his seat as the new 2015 MBA Chairman. Cosgrove was introduced by last year’s Chairman, E.J. Burke. Burke is the Co-President of Key Community Bank.

“This is huge for Cleveland since E.J. and I both have Cleveland-based companies,” Cosgrove said. “This is the first time in history that two Chairmen from the same city have followed one another in leading the missions and goals of the MBA.”

Burke served as the 2014 Chairman, with Cosgrove serving as Chairman-Elect during that period. 
Cosgrove will be backed by incoming Chairman-Elect, Bill Emerson, CEO of Quicken Loans Inc. and Rodrigo López, President and CEO of AmeriSphere as Vice Chairman.

“Bill lives our business every day,” Burke announced while making his introductions. “It’s especially exciting for Cleveland to see two great leaders emerge from the city to be the face of such a powerful organization. It’s been a long time since there has been so much consistent positive press about Northeast Ohio.”

Cosgrove openly challenged his industry counterparts to follow in his footsteps and speak out for the betterment of the industry. The MBA provides an excellent vehicle for effecting positive change in mortgage banking.

“As a CEO, I’m going to challenge other CEOs in this industry to really get engaged in the future of the mortgage and finance industries,” Cosgrove added.

As the new Chairman of the MBA, Cosgrove will work with the other members to achieve goals, lead the agenda for economic policy and offer innovative solutions that have a positive impact on real estate finance.

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About Union Home Mortgage Corp.

Union Home Mortgage Corp. (UHM) is a full-service residential mortgage banking company. UHM is an approved direct lender of Fannie Mae, Freddie Mac, FHA, VA, USDA and other conforming and non-QM loan products. To learn more about the world-class business process at Union Home Mortgage, please visit http://www.UnionHomeMortgage.com