MBA Awards Hilde Stapgens the Prestigious Certified Mortgage Banker Designation.

CampusMBA, the award-winning educational arm of the Mortgage Bankers Association (MBA), awarded the Certified Mortgage Banker (CMB) designation to Hilde Stapgens, CBM, AMB, Mortgage Originator at Residential Mortgage LLC, on May 3rd 2007.

The CMB is the highest professional designation for the real estate finance industry.The CMB designation represents the mark of excellence in real estate finance, including three different areas of expertise: the Master Certified Mortgage Banker, the Residential Certified Mortgage Banker, and the Commercial Certified Mortgage Banker. CMB designees exhibit the dedication that inspires other professionals to strive for excellence. “The CMB designation is the ultimate mark of professionalism, expertise, and achievement within the mortgage banking industry. To understand the importance and significance of the designation, you only need to look as far as the CMB professionals themselves.” said John Golden, Vice President of Education for MBA. “In addition to building impressive cross-industry awareness, CMB professionals have dedicated themselves to continuous improvement and the pursuit of excellence through commercial and residential real estate finance education. They are mortgage banking leaders who are dedicated to the success of the industry and to the prosperity of the communities they serve.” The CMB program is rigorous.

Commercial and Residential CMB candidates must earn 150 points, through a combination of professional experience, secondary education, continuing education through MBA-sponsored events and CampusMBA courses, and participation in MBA at the local, state and/or national level. After accumulating the required points and passing a comprehensive written exam, candidates must demonstrate industry knowledge by passing an oral exam conducted by a panel of Certified Mortgage Bankers. To earn the Master CMB, candidates must be a Commercial or ResidentialCMB for two years and earn 50 additional points. After passing a written exam based on the opposing discipline, candidates must then demonstrate industry knowledge by passing an oral exam conducted by a panel of Master Certified Mortgage Bankers.

For more information on CampusMBA, winner of the 2005 Most Innovative Industry Resource, Corporate University Best In Class (CUBIC) Award, visit www.campusmba.org/cmb.  For inquiries, email campusmbaeducation@mortgagebankers.org or call (800) 348-8653. 

The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 500,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation’s residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 3,000 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies, and others in the mortgage lending field. For additional information, visit MBA’s Web site: www.mortgagebankers.org.