The Houston Mortgage Bankers Association installed their 2015-2016 board of directors in a luncheon meeting held on June 10 at Maggiano’s restaurant near the Galleria. Association president Mike McFarland passed the leadership baton to new president Bill Dawley who introduced in-coming officers Vice President Greg Burkett, Treasurer Kevin Polivka and Secretary Sheree Gilbert; past presidents McFarland, Trey Bell, and David Bravo; and directors Mack Gibson, Kittie Guggenheim, Candy Lewis, Lisa Rogers, and Joe Thompson.

Featured speaker Tom Tallent, President of the Texas Mortgage Bankers Association, thanked McFarland and the outgoing leadership for their service and praised their efforts to raise awareness about the important changes coming to Truth in Lending documents on August 1. “Most leaders of the Realtor community are now addressing the changes and working to get their offices ready.” He sounded a cautionary note as well, saying, “I don’t see that same level of awareness within the builder community and that causes me concern. The majority of purchase contracts written in July will be subject to these new regulations and everyone needs to prepare.”

Dawley thanked HMBA staff member Michelle Martin for her help and then noted the unique advantage of having three former presidents serving as directors on the in-coming board. “Their collective insight and experience makes our board exceptionally effective,” he said.