RESPA Expert Named MBA Counsel

Ken Markison, an expert on the Real Estate Settlement Procedures Act and a veteran of HUD, has been named senior director and regulatory counsel in the Government Affairs Department of the Mortgage Bankers Association.Mr. Markison is retiring from the federal government, having served for three decades at the Department of Housing and Urban Development, most recently as assistant general counsel for government-sponsored enterprises and RESPA. The MBA said Mr. Markison is one of the country's top experts on RESPA and that he personally developed several important RESPA rules and has played "a major role" in HUD's RESPA reform effort. He has also worked extensively on issues related to the housing government-sponsored enterprises, including developing legislation and regulations establishing affordable housing goals and fair-lending requirements, the MBA said. The association can be found online at http://www.mortgagebankers.org.