MISMO taps mortgage banking expert as president

MISMO, the real estate finance industry’s standards organization, has announced the appointment of mortgage banking specialist David Coleman (pictured) as its new president, effective April 3.

The group tapped Coleman, who brings over 25 years of industry experience, as its new leader. Coleman has served as an independent industry consultant for several mortgage and financial service firms in recent years. Early in his career, he held leadership roles at KPMG, Newbold Advisors, the Summit Point Group, and Fannie Mae. Coleman also previously served as a governance board member for MISMO, where he helped to shape industry standards and drive adoption.

“David is an exemplary leader in the mortgage industry with a wealth of experience and expertise in strategic management, product development, and technology,” said Bob Broeksmit, president and CEO of the Mortgage Bankers Association. “MISMO’s work to boost efficiency and accelerate the industry’s digital transformation is especially important in the current economic environment. David is well-suited to lead MISMO’s growth and strategic objectives on behalf of the industry.”