The Mortgage Bankers Association (MBA) hired Thomas Kim as vice president of commercial regulatory policy.
Kim will begin on April 14 and will report to Gail Cardwell, MBA senior vice president of commercial and multifamily .
In his new role at the MBA, Kim will manage all activities related to commercial regulatory issues, will be the staff representative to the Commercial Risk Retention Task Force, and will promote commercial policy focusing on federal financial regulatory reform and bank oversight.
Kim is joining MBA from Freddie Mac, where was associate general counsel. In his position at the GSE, he advised the company on various regulatory and public policy matters, including regulatory and policy aspects of multifamily loan purchase and securitizations.
Before Freddie Mac, Kim was in-house counsel on legislative, regulatory and financial services policy matters for the Investment Co. Institute, the mutual fund industry's national trade association.
"Tom is uniquely qualified to help craft MBA's commercial policy, as well as help navigate our industry through the seemingly constant regulatory changes," said John Courson, MBS president and CEO. "He joins us at a most crucial time in our industry's history, as we work through the implementation of the Dodd-Frank Act and other critical regulatory changes. We are thrilled to have Tom coming on board at MBA."