Magazine article Mortgage Banking

COMBOG Restructures to Become More 'Nimble'

Magazine article Mortgage Banking

COMBOG Restructures to Become More 'Nimble'

Article excerpt

The Mortgage Bankers Association's (MBA's) Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) has announced a restructuring plan it said will enable the board to be more responsive to its members and changing conditions in the commercial real estate/multifamily markets.

"COMBOG has been reorganized to better reflect the face of today's commercial real estate industry," said COMBOG Chairman David Roberts, CMB, at MBA's 96th Annual Convention & Expo in San Diego in October. "Clearly, our industry is going through major shifts and it's critical that we refine COMBOG to adapt to the marketplace. It's a much more nimble structure to respond to the marketplace and the changes that our members face," he said.

COMBOG consists of 32 MBA member executives representing all aspects of the commercial/multifamily finance industry. COMBOG leads strategic development of MBA's commercial/multifamily policy, industry technology and best practices and standards. The board represents the diverse interests of MBA's member companies through standing committees led by industry leaders and expert staff, and subject-matter-specific work groups and task forces. …

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