MBA Appoints Chief Administrative Officer

David Stevens, president and CEO of the ""Mortgage Bankers Association"":http://www.mortgagebankers.org/default.htm (MBA), announced the appointment of Margaret A. Colon to serve as MBA's new chief administrative officer.

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Colon has more than three decades' worth of experience in strategic planning, business strategy, and organizational alignment as well as operational and financial management. In 2011, she provided consultative services [COLUMN_BREAK]

to MBA that led the association's senior management team through a process that resulted in the creation, board approval, and roll out of its five-year strategic plan.

""Margaret knows MBA and has extensive experience in the real estate finance business,"" Stevens said. ""She has a long track record of success providing strategic vision and leadership to a wide variety of organizations. Margaret will play a critical role serving MBA members through the further development and execution of MBA's strategic plan and organizational objectives.""

Since 2006, Colon has been a trustee of the Inova Health System, a member of its Finance Committee, and is the current chair of its Audit and Compliance Subcommittee. She also spent 23 years with Freddie Mac in a number of senior executive and management positions, including SVP and chief administrative officer. Before that, she was a senior auditor with Deloitte Haskins & Sells.

At MBA, she will be responsible for the association's accounting and finance, information technology, operations, and strategic planning functions and will oversee its Opens Doors Foundation.