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Capmark Rolls Out Widespread Servicer Training

CampusMBA, the education division of the Mortgage Bankers Association, has created a commercial servicing training partnership with Capmark, a leading global commercial loan services provider.

The training initiative will cover nearly all of Capmark's U.S. commercial servicing staff in nine offices across the country as well as its employees in the company's offices in Ireland and India who service U.S. loans. Upon completion, Capmark staff will earn the Commercial Mortgage Servicer (CMS) designation.

"CampusMBA is eager to partner with Capmark on this large-scale training initiative to educate its exceptional commercial servicing staff," said John Courson, Chief Operating Officer of MBA, in a news release. "We at MBA equate professional education with real-world business results and will work with Capmark's staff to achieve these positive and measurable results through CampusMBA's commercial CMS program."

The commercial CMS signifies a professional's superior knowledge, experience and professional conduct in the servicing of commercial mortgage loans. The CampusMBA designation program consists of three levels of training including the achievement certificate (level I), professional certificate (level II) and the specialist designation (level III). Successful completion all three levels earns the professional the commercial CMS designation.

"We are looking forward to working with CampusMBA to initially certify 150 of our top commercial mortgage servicers with the ultimate goal of providing training to more than 700 of our current staff," said Executive Vice President Michael Lipson, head of Capmark's global services operations. "A robust training curriculum has always been core to our success; we feel the CMS program and its structure are aligned with our business goals."

CampusMBA's commercial servicing training partnership with Capmark is being accomplished through its Enterprise Training arm, a customized program designed to fit the overall needs of an organization by drilling down to train its core resource, its staff. Enterprise Training can include any of CampusMBA's well-established certification and designation programs which include those in residential underwriting, loan origination, servicing, regulatory compliance, quality assurance, and commercial servicing. Additionally, general education programs are offered for all levels of experience and industry expertise in both commercial and residential real estate finance. (c) 2008 Mortgage Servicing News and SourceMedia, Inc. All Rights Reserved. http://www.mortgageservicingnews.com/ http://www.sourcemedia.com/