Bill Nelson Appointed Chairman of MAA for 2025-2026

WASHINGTON, D.C. (January 8, 2025) - The Mortgage Bankers Association (MBA) announced today that William (Bill) Nelson, Executive Vice President, Secondary and Mortgage Operations of Standard Mortgage Corporation, has been appointed Chairman of the Mortgage Action Alliance (MAA) for the 2025-2026 election cycle.

Nelson was appointed by Laura Escobar, MBA's 2025 Chair and President of Lennar Mortgage, and Christine Chandler, MBA 2025 Chair-Elect and Executive Vice President, Chief Credit Officer and Chief Operating Officer with M&T Realty Capital Corporation. Nelson succeeds Eric Gates, former COO of Luminate Home Loans, Inc., who served as MAA Chairman for the 2023-2024 election cycle.

"Bill has been a dedicated and passionate supporter of MBA's advocacy initiatives and programs, including MORPAC, and his example as an engaged MBA member has already helped to advance MAA's grassroots efforts," said Escobar. "I am confident that Bill's extensive industry knowledge, experience, political savvy, and deep professional connections will catapult MAA's member engagement to new heights."

Escobar continued, "I also want to thank Eric Gates for his steady leadership and success as a past MAA Chair. Eric's efforts were pivotal to forging an increased level of industry engagement on Capitol Hill and in state capitals across the country."

Nelson, a 23-year veteran of Standard Mortgage Corporation, previously worked at Fannie Mae, serving initially on the company's customer trading desk. He then progressed to Fannie's Reserve Repo Desk, helping investors finance their MBS investments and launching the DUS Bond Brokerage Business to support liquidity in the Multifamily MBS Market. Nelson is a current member of MBA's Board of Directors and several key committees and is a top MORPAC donor.