Kristy Fercho, executive vice president and head of home lending at Wells Fargo, was sworn in as chairwoman of the Mortgage Bankers Association (MBA) during MBA’s 2021 Annual Convention & Expo in San Diego.

“It is an incredible honor to serve as MBA’s 2022 Chairman,” said Fercho. “I look forward to collaborating with Matt Rocco and Mark Jones to address the opportunities and challenges facing our industry, including developing strategies that will ease our nation’s affordable housing crisis and close the racial homeownership gap. The mortgage industry has a responsibility to be part of the solution that levels the playing field and ensures all Americans have access to the American Dream of homeownership.”  

As head of Wells Fargo’s home lending division, Fercho leads a team of more than 25,000 mortgage professionals in sales, operations, servicing, capital markets, portfolio management and related business, risk management, and supporting functions. Wells Fargo is one of the nation’s leading combined home lenders and servicers.  

Fercho has been an active MBA member for many years, and currently serves as vice chair of MBA’s Diversity and Inclusion Advisory Committee, co-chair of the Affordable Housing Council, and a member of its Residential Board of Governors (RESBOG). She also serves on the boards of City Year and the Detroit Zoological Society.  

NEXT Mortgage News logo

Stay in the know

Get the daily intel that impacts your customers, employees and market. 

Up NEXT eNewsletter — Industry news

Thank you!

Share This