Magazine article American Banker

Willard Gourley Manages to Be in the Right Places at the Right Times

Magazine article American Banker

Willard Gourley Manages to Be in the Right Places at the Right Times

Article excerpt

Willard Gourley Manages to Be in the Right Places at the Right Times

IN 1945, WILLARD A. GOURley Jr. went straight from high school in Greensboro, N.C., to work for a small real estate firm.

"I was salesman, secretary, bookkeeper, and everything else you would except in a two-person real estate office,' he recalls.

"That was my college education.'

Subsequently, Mr. Gourley took the Mortgage Banking Association's course in mortgage banking at Northwestern University--without an undergraduate degree--and worked he way up to vice chairman of BarclaysAmerican/Mortgage Corp.

Most recently, he has been nominated vice president of the Mortgage Bankers Association of America.

Mr. Gourley's career ascent has been characterized by hustle and timely mergers.

After high school, he spent four years on the ground floor of real estate.

Then he moved next door to a company that not only sold real estate but also handled mortgages.

"That was 1951,' he says, "and the VA [Veterans Administration] business was really booming--not in the terms that would describe it today, but it was then just beginning.'

Learning the mortgage business, Mr. Gourley was ready when the mortgage operation of what is now NCNB Corp., Charlotte, acquired the small real estate and mortgage company he worked for in 1965.

During the next 16 years, he rose through the ranks to executive vice president of NCNB Mortgage Group.

Then, in 1981, NCNB sold its mortgage division, and Mr. …

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