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Mortgage banking exec to head HBI

BY Brae Canlen

The Home Builders Institute (HBI) has named John Courson, the former president and CEO of the Mortgage Bankers Association (MBA), as its new president and CEO. Courson is a nationally recognized housing industry spokesperson and government affairs expert who served as MBA’s president and CEO from 2008 to 2011. His initial priorities at HBI will be to identify new revenue streams and create new programs for the non-profit organization.

HBI is the workforce development arm of the National Association of Home Builders (NAHB). It provides training, mentoring, curriculum development and job placement services in support of residential construction careers for both youth and adults. 

In addition to serving as the head of the national MBA, Courson was the 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 to 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 a participated in international housing initiatives led by the White House and the U.S. Treasury Department.

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r.sanders says:
Apr-19-2012 12:16 am

I do hope that he will b able
I do hope that he will b able to make a difference in this position, so many people depend on his decisions now. Was he a mortgage broker Newcastle at the beginning of his career or what I know is just a name coincidence?

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ABC Supply promotes exec

BY Brae Canlen

ABC Supply, one of the country’s largest distributors of roofing and exterior building products, has hired Tom Walker as its executive director of commercial roofing, a newly created position.

In his new role, Walker will work with the company’s national business development team to grow and develop ABC Supply’s low-slope roofing business — particularly its share of large, top-tier customers and national roofers.

Walker comes to ABC Supply from Firestone Building Products, where he served as VP sales since 2007.

Headquartered in Beloit, Wis., ABC Supply was founded by Ken and Diane Hendricks in 1982. The company has more than 450 branches in 44 states and is dedicated exclusively to serving professional contractors.

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Floor and Decor opens in Chicago

BY Brae Canlen

Floor and Decor Outlets of America has opened another unit, this time in the Chicago market, according to an article in the Chicago Daily Herald.

The 90,000-sq.-ft. warehouse store in Lombard, a suburb of Chicago, opened Nov. 3 and carries hard-surface flooring such as ceramic tile, hardwood, bamboo, stone and laminate.

Founded in 2000, Floor and Decor also sells a full array of flooring installation tools and related accessories. It now has 27 stores in 15 U.S. markets and sells through its online store at flooranddecoroutlets.com.

President Scott Bryant served as president of Expo Design Centers from 1999 to 2001. Headquartered in Atlanta, Floor and Decor was purchased in 2010 by a consortium of private equity groups that includes an affiliate of Ares Management.

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