The California Mortgage Bankers Association (CMBA) appointed Nick Pabarcus, Executive Vice President of Wholesale Lending with Stearns Lending, to its Board of Directors for 2020-2021. Pabarcus was installed during the CMBA’s virtual Annual Membership Meeting held using video conferencing technology on June 10, 2020.
In his role as CMBA board member, Pabarcus will support the Association’s mission to promote sound, honest business practices in all facets of marketing, originations, lending, and servicing of residential and commercial/multi-family mortgage loans within the state.
Pabarcus has been active with the Mortgage Bankers Association as a CMB (Certified Mortgage Banker) and AMP (Accredited Mortgage Professional). He graduated from the MBA’s Future Leaders Program in 2013.
“As a member of the California MBA’s Board of Directors, I will continue to drive the advocacy efforts established by the previous Board for fair, ethical residential and commercial finance legislation,” said Pabarcus. “Mortgage banker education is equally important to me. As an instructor with the MBA’s education group since 2017, my personal focus will be CMBA member support and education for mortgage bankers that operate in California.”
A San Diego native, Pabarcus has held leadership roles with Stearns Wholesale Lending since 2011. Prior to joining Stearns, he served with Bank of America’s Correspondent Lending Division and held various management positions within the enterprise.