MBA invokes immediate succession plan, naming former board chair John Courson COO Aug. 1 and president in five months. The Mortgage Bankers Association will turn to an industry veteran and their former board chairman for leadership as the housing and lending crisis continues to roil the economy and MBA’s membership. John A. Courson, MBA’s board chair in 2003, will become chief operating officer Aug. 1 and take over as president Jan. 1, 2009. He succeeds Jonathan Kempner, who has led the trade group for more than seven years. Kempner will stay on at MBA until the end of the year. A seasoned association leader, Courson has been president of the California Mortgage Bankers… Read More