West Coast Bank's David Simons Receives Distinguished Master Certified Mortgage Banker Designation - the Highest for the Real Es
24 November 2004 - 12:04AM
PR Newswire (US)
West Coast Bank's David Simons Receives Distinguished Master
Certified Mortgage Banker Designation - the Highest for the Real
Estate Finance Industry VANCOUVER, Wash., Nov. 23
/PRNewswire-FirstCall/ -- -West Coast Bank's (NASDAQ:WCBO) Senior
Vice President-Residential Lending Manager Dave Simons recently
received the distinguished Master Certified Mortgage Banker (CMB)
designation, the highest professional designation for the real
estate finance industry. CMB candidates must amass 150 points
earned through a combination of professional experience, secondary
education, industry participation and continuing education through
Mortgage Banker's Association (MBA)-sponsored events and Campus MBA
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. Mortgage Bankers Association Chairman Robert M.
Couch, CMB said, "The CMB designation is the pinnacle of
dedication, excellence and integrity in the mortgage lending
industry. Acquiring the designation is demanding, and requires a
broad knowledge of real estate finance. These professionals are the
leaders in the industry and not only create a higher standard of
professionalism, but help to mold the industry's future."
Designation candidates have the option of choosing among the
Commercial CMB, Residential CMB or Master CMB designations. The
Master CMB is a combination of both commercial and residential
mortgage banking disciplines. The Mortgage Bankers Association
(MBA) is the national association representing the real estate
finance industry. 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 prospects through increased affordability; and to
extend access to affordable housing to all Americans. MBA promotes
fair and ethical lending practices and fosters excellence and
technical know-how among real estate finance professionals through
a wide range of educational programs and technical publications.
Its membership of approximately 2,700 companies includes all
elements of real estate finance: mortgage companies, mortgage
brokers, commercial banks, thrifts, life insurance companies and
others in the mortgage lending field. For additional information,
visit MBA's Web site: http://www.mortgagebankers.org/. West Coast
Bancorp, one of Oregon Business Magazine's 100 Best Companies to
Work For, is a Northwest bank holding company with $1.7 billion in
assets, operating 52 offices in Oregon and Washington. The company
combines the sophisticated products and expertise of larger banks
with the local decision making, market knowledge and customer
service of a community bank. For more information, visit the
Company web site at http://www.wcb.com/. DATASOURCE: West Coast
Bancorp CONTACT: David Simons, Senior President, Residential
Lending of West Coast Bancorp, +1-360-906-4287 Web site:
http://www.mortgagebankers.org/ Web site: http://www.wcb.com/
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