John A. Courson, an established housing industry executive who most recently served as the president and chief executive officer of the Mortgage Bankers Association (MBA), will become the new president and chief executive officer of the Home Builders Institute (HBI) on January 1, 2012.
Courson is a nationally recognized housing industry spokesperson and government affairs expert who served as MBA’s president and CEO from 2008-2011.
Courson will be replacing longtime HBI president and chief executive officer Frederick Humphreys, who is retiring at the end of 2011 after leading the organization for 11 years.
Courson’s initial priorities at HBI will be to identify new revenue streams and create new programs that build on HBI’s core competencies, such as training, mentoring, curriculum development and job placement services.
In addition to serving as president and CEO of the national MBA, Courson was its MBA’s elected chairman in 2003 and has served as a past president of the California, Dallas and Michigan Mortgage Bankers Associations.
He has also served at the head of three different mortgage companies, Central Pacific Mortgage Company in Folsom, Calif., Fundamental Mortgage Corp. and Westwood Mortgage Corp. (formerly Fort Wayne Mortgage Co.), both in Texas.
From 2004-2008, he was chairman of the California Housing Finance Agency, a position to which he was appointed by then-governor Arnold Schwarzenegger.
Courson also has participated in international housing initiatives led by the White House and the U.S. Treasury Department.