Board Members and Council Leaders Bring Expertise From All Sides of the Wholesale Channel to Advise on New and Ongoing Advocacy Initiatives
Kansas City, MO (February 21, 2024) – The Broker Action Coalition (BAC), which advocates for legislative change and educational initiatives for the independent mortgage broker channel and homebuyers nationwide, today announced its first-ever Board of Directors and Leadership Council, marking the beginning of its work as an independent nonprofit organization.
The newly formed Board consists of ten voting-member seats filled by seasoned professionals with a deep understanding of the wholesale community, including four lenders, four brokers, and BAC’s executive leadership. Representing the broker’s side will be Elena Boland of Wholesale Mortgage Services, Joseph Dionne of appli Home Loans, Major Singleton of Edge Home Finance, and Daniel Iskander of West Capital Lending. The industry side of the board includes Eddy Perez of EPM, Phil Shoemaker of The Loan Store, Chris Vinson CEO of Windsor Mortgage, and Kevin Peranio of PRMG, Inc. The final two seats are filled by BAC’s Chief Advocacy Officer and Co-Founder Brendan McKay, and Chief Executive Officer and Co-Founder Katie Sweeney.
“As the market improves there will be expanded opportunities for independent brokers and homebuyers and our job at BAC will be to ensure that government policies at the state and federal level are in line with the best interests of our industry,” said Katie Sweeney, CEO of BAC. “This board of leaders from across the industry, combined with BAC’s governance structure, reflects our commitment to fulfilling BAC’s essential mission which is engaging on policy issues that will protect and enhance opportunities for the independent brokerage community and consumers alike.”
Elena Boland: Elena Boland has had nearly two decades of experience in the mortgage industry. She is currently the Vice President of Mortgage Lending and Senior Loan Officer for Nevada-based Wholesale Mortgage Services, which serves the local community with a wide range of mortgage products. She was ranked #37 on Scotsman Guide’s 2023 Top Mortgage Brokers and #7 for 2023 Top Female Brokers.
Joseph Dionne: Joseph Dionne is an experienced broker and mortgage professional. He is currently the Managing Partner and co-owner of Florida-based appli Home Loans, and developed his career in the industry through a series of leadership and client-facing roles, most recently at one of the largest correspondent lenders in Florida.
Major Singleton: Major Singleton is a Mortgage Broker at Edge Home Finance, and owner of Major Money Matters, dedicated to educating families during the homeownership process. He was previously a Loan Officer at Aligned Mortgage. Mr. Singleton is a 23-year US Navy Veteran and banking and finance professional. He was ranked #31 on Scotsman Guide’s 2023 Top Mortgage Brokers and #5 on Broker Rankings for VA Mortgages.
Daniel Iskander: Daniel Iskander has more than a decade of experience in the mortgage industry. He is the co-founder of California-based loan originator West Capital Lending, and his expertise has stretched across a variety of leadership roles within mortgage, lending and financial companies, most recently at E Mortgage Capital and loanDepot. In 2023, West Capital helped 6,133 families and funded more than $1.7 billion in mortgage volume, making it the fifth highest-producing brokerage in the country.
Eddy Perez: With over 20 years of experience, Eddy Perez is the co-founder and CEO of Atlanta-based Equity Prime Mortgage (EPM). Mr. Perez also serves on the Board of the Mortgage Bankers Association (MBA), and previously served as Chairman of the corporate board of governors for the National Association of Hispanic Real Estate Professionals (NAHREP).
Phil Shoemaker: Phil Shoemaker is the CEO of The Loan Store, Inc. He has 28 years of experience in the mortgage industry and has served in various executive roles for top 10 lenders including Caliber Home Loans and Homepoint.
Chris Vinson: Chris Vinson has more than a decade of experience in the mortgage industry. He is the CEO of Windsor Mortgage and leads the mortgage division at South Dakota-based Plains Commerce Bank. Mr. Vinson also provides professional mortgage coaching to CEOs and loan officers throughout the country.
Kevin Peranio: Kevin Peranio has served multiple leadership roles for mortgage lender providers for over two decades. He is currently the Chief Lending Officer for California-based Paramount Residential Mortgage (PRMG), and serves on the board of the Axis Lending Academy, which focuses on educating mortgage and lending professionals.
In addition to establishing its new Board, BAC has also created seven non-voting roles which include vendor advisories and leadership council. The three vendor advisories are Brian Vieaux, President and COO of FinLocker, Sam Parker Owner of My Credit Guy, and Sofia Rossato President and General Manager of Floify. The leadership councils will focus on specific consumer groups to advocate for diverse causes across a wide range of initiatives. Gay Veale, mortgage loan originator at Epoch Lending, will chair the Veteran Homeownership Leadership Council. Mortgage Broker Whitley Cooper from Advocate Home Loans will lead the Black Homeownership Leadership Council, while Amorette Hernandez from CMS Mortgage Solutions will be chair of the Hispanic Homeownership Leadership Council. Additionally, Jerry Robinson will Chair the Government Affairs Leadership Council focusing on federal legislation. State legislative leadership will be announced in the coming weeks. Working in unison across the BAC’s various operations, each of the council’s chairs are non-voting members of the Board.
BAC welcomes members and partners inside and outside the mortgage broker industry to join its cause, as BAC and BACPAC expand the definition of advocacy to champion brokers and home buyers alike. To support BAC or learn more about the Board, the Leadership Councils, and its members, visit brokeractioncoalition.com.
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About Broker Action Coalition (BAC):
Since 2022, the Broker Action Coalition has represented the interests of independent mortgage brokers across local, state, and national legislation levels. We give our advocates the power to create a positive change in the industry through legislative, regulatory, and grassroots efforts. Our mission is to champion independent brokers’ rights by shaping industry practices to provide more opportunities for mortgage professionals, limit unnecessary regulation within the wholesale mortgage channel, and turn more potential home buyers into homeowners. Learn more about BAC by visiting brokeractioncoalition.com.