The Mortgage Bankers Association has appointed Kathy Marquardt as associate vice president of commercial servicing and council coordinator, effective Aug. 9.
Marquardt will serve as the association’s expert on commercial real estate loan servicing issues and will coordinate all commercial business activities, including programs and industry standards efforts. Additionally, she will manage all activities related to the commercial business councils of the Commercial Real Estate/Multifamily Finance Board of Governors.
The new hire joins MBA from KM Consulting, where she designed and assisted in the implementation of strategies for companies to enhance their commercial servicing operations.
Prior to joining KM, she worked for GMAC Commercial Mortgage Corp. for 11 years in a variety of senior positions, including a role as senior vice president and managing director of servicing operations. Marquardt managed the firm’s servicing operational units and the wholesale acquisitions unit and served as the primary industry relations representative.
"Kathy is a seasoned real estate finance professional whose experience spans more than twenty years in the commercial/multifamily industry,” said Gail Cardwell, MBA’s senior vice president of commercial/multifamily. “Her knowledge of commercial servicing issues will prove to be an invaluable asset to the organization as we move forward with key commercial issues," said Courson. "I look forward to the many contributions Kathy will make on behalf of MBA, our members and this industry."