COMBOG Gets New Chair

Edward L. Hurley, managing director and head of agency lending for Charlotte, N.C.-based Wachovia Securities, has been named chair of the Mortgage Bankers Association Commercial Real Estate/Multifamily Finance Board of Governors for 2006.Mr. Hurley, who has 24 years of commercial banking and real estate finance experience, replaces Kieran Quinn, president and chief executive officer of Atlanta-based Column Financial. An MBA spokeswoman told MortgageWire that Mr. Quinn resigned as COMBOG chair because he is also vice chair-elect of the MBA's board of directors. As previously reported, Edward Padilla, chief executive officer of Minnesota-based NorthMarq Capital, will be a vice chair for 2006. The other vice chair will be Stacey M. Berger, executive vice president of Midland Loan Services/PNC Real Estate Finance, Overland Park, Kan. The new leadership becomes effective in October. The 30-member COMBOG, representing the commercial/multifamily real estate finance industry, works on the strategic development of commercial/multifamily policy, industry technology, and best practices and standards. The MBA can be found online at http://www.mortgagebankers.org.