People Movers of the Week: Jan. 9

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CALIFORNIA

SHERMAN OAKS

Prospect Holding Co. and its subsidiary Prospect Mortgage appointed Joseph J. Grassi III as EVP and general counsel.

With over 25 years of commercial and residential real estate legal experience, Grassi joins Prospect Mortgage from Fannie Mae.

Most recently, he served as Fannie Mae's senior vice president, interim general counsel and corporate secretary.

COLORADO

DENVER

W.J. Bradley Mortgage Capital said that Enzo Morales has joined the company as a retail sales area manager in San Diego.

Morales joins W.J. Bradley with 13 years of experience in the mortgage industry.

He spent eight years of his career as a sales manager with Bank of America, and most recently served as a vice president for the Encinitas, Calif., location for Guaranteed Rate.

DISTRICT OF COLUMBIA

WASHINGTON

The Mortgage Bankers Association, parent corporation of the Mortgage Industry Standards Maintenance Organization, appointed Bill Beckmann, Kyung Cho-Miller, Michelle Korsmo and Joe Tyrrell to the MISMO board of directors.

Beckmann is president and CEO of MERSCORP Holdings Inc. and its subsidiary, Mortgage Electronic Registration Systems Inc.

Cho-Miller is executive director and fair lending counsel at JPMorgan Chase.

Korsmo is the chief executive officer of the American Land Title Association, the national trade association for real estate settlement services and the land title industry.

Tyrrell is senior vice president, corporate strategy, at Ellie Mae.

Beckmann, Cho-Miller, Korsmo and Tyrrell join the following members of the MISMO board of directors: Steve Gozdan, chief financial officer of Cenlar FSB; Peter Carroll, senior vice president, capital markets at Wells Fargo & Co.; Joanne Denver, managing director, Cornerstone Real Estate Advisers; Tom Fink, senior vice president and managing director of Trepp LLC; Linglong He, chief information officer of Quicken Loans Inc.; Gabe Minton, senior vice president and chief technology officer of PHH Mortgage; Joshua Weinburg, senior vice president for compliance, First Choice Loan Services; Eddy Wetsel, director of operations for real estate lending at USAA Federal Savings Bank; and Mike Fratantoni, president of MISMO and chief economist, senior vice president, research and industry technology, Mortgage Bankers Association.

Harry Gardner will be stepping down from the MISMO board of directors.

ILLINOIS

CHICAGO

Lance Coyle of Dallas began his one-year term as president of the Appraisal Institute on Jan. 1.

The Appraisal Institute is the nation's largest professional association of real estate appraisers with nearly 22,000 professionals in almost 60 countries.

The Appraisal Institute's other elected officers for 2015 are President-Elect Scott Robinson of Salisbury, N.C.; Vice President Jim Amorin of Austin, Texas; and Immediate Past President Ken Wilson of Plano, Texas.

Also serving on the Appraisal Institute's executive committee, as a non-voting member, is Chief Executive Officer Frederick Grubbe.

Coyle was the organization's president-elect in 2014 and its vice president in 2013. He will become immediate past president in 2016.

He will also serve in 2015 as chair of its executive committee and will chair the organization's policy-setting board of directors.

Coyle has been involved in the real estate valuation profession for 30 years.

He served as president of the North Texas Chapter of the Appraisal Institute in 2000 and was a member of the Region VIII Committee for multiple years.

MASSACHUSETTS

CAMBRIDGE

Christopher Herbert has been appointed managing director of the Harvard Joint Center for Housing Studies.

Since 2010, Herbert has served as the Joint Center's director of research, leading the team responsible for producing its annual State of the Nation's Housing report.

He has also overseen the center's diverse sponsored research programs as well as its ongoing analysis of important trends in housing, residential settlement patterns, and affordability challenges, both in the United States and elsewhere in the rapidly urbanizing world.

The appointment includes an academic role at the Harvard Graduate School of Design, where Herbert will teach a course in the Department of Urban Planning and Design in the spring of 2015.

TEXAS

DALLAS

The Federal Home Loan Bank of Dallas appointed Tim Pierce and Matt Hull to its 2015 Advisory Council. Their three-year terms began Jan. 1.

Pierce is the executive director of South Plains Association of Governments.

In this capacity, his responsibility includes the South Plains Housing Finance Corp., a separate nonprofit corporation under the auspices of SPAG and Caprock Business Finance Corp.

Hull is executive director of the Texas Association of Community Development Corp., a trade association that represents community development corporations, nonprofits, and government organizations that are deeply involved in community development.

For the past 13 years, he has worked in affordable housing and community development in Texas.

The Advisory Council is comprised of 13 representatives from state, community, and nonprofit organizations who advise FHLB Dallas' Board of Directors on affordable housing and economic development issues. The remaining members of the Advisory Council are Chairman Michelle Whetten, vice president and impact market leader, Enterprise Community Partners Inc., New Orleans; Vice-Chairman Andre Stephens, executive director, St. Francis Community Development Corp., Forrest City, Ark.; Michelle Den Bleyker, vice president of real estate development, YES Housing Inc., Albuquerque, N.M.; Jay Czar, executive director, New Mexico Mortgage Finance Authority, Albuquerque; Michael Gerber, president and CEO, Housing Authority of the City of Austin, Texas; Cynthia Griffin, executive director, Habitat for Humanity, Mississippi Capital Area; Cassie Hicks, University of Southern Mississippi Institute for Disability Studies, Jackson, Miss.; Matt Hull, executive director, Texas Association of Community Development Corporations, Austin; Arlene Leviege, Housing Program Coordinator/Manager, Tunica-Biloxi Housing Authority, Marksville, La.; Karen Phillips, deputy director, Crawford Sebastian CDC Inc., Fort Smith, Ark.; Deborah Webster, principal, Concept Consulting Group LLC, Albuquerque; and Jacque Haas Woodring, director of asset development, Housing & Community Services Inc., San Antonio.

Are you a mortgage professional who recently changed jobs? Let us know! Send your announcement and photo (if available) to Glenn McCullom at glenn.mccullom@sourcemedia.com.

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