Capmark Partners with CampusMBA to Certify Commercial Servicing Staff

MBA (8/27/2008 ) Stokes, Aleis
CampusMBA, the education division of the Mortgage Bankers Association, announced its commercial servicing training partnership with Capmark, San Mateo, Calif., a leading global commercial loan services provider.
The training initiative will cover nearly all of Capmark's U.S. commercial servicing staff in nine offices across the country as well as its employees in the company's offices in Ireland and India that service U.S. loans. Upon completion, Capmark staff will earn the Commercial Mortgage Servicer (CMS) designation.

"CampusMBA is eager to partner with Capmark on this large-scale training initiative to educate its exceptional commercial servicing staff," said MBA COO John Courson. "We at MBA equate professional education with real-world business results and will work with Capmark's staff to achieve these positive and measurable results through CampusMBA's commercial CMS program."

The commercial CMS demonstrates a professional's superior knowledge, experience and professional conduct in the servicing of commercial mortgage loans. The CampusMBA designation program consists of three levels of training including the achievement certificate (level I), professional certificate (level II) and the specialist designation (level III). Successful completion all three levels earns the professional the commercial CMS designation.

"We are looking forward to working with CampusMBA to initially certify 150 of our top commercial mortgage servicers with the ultimate goal of providing training to more than 700 of our current staff," said Capmark Executive Vice President Michael Lipson, head of the company’s global services operations. "A robust training curriculum has always been core to our success; we feel the CMS program and its structure are aligned with our business goals."

CampusMBA's commercial servicing training partnership with Capmark will work through its Enterprise Training arm, an all-encompassing and customized program designed to fit the overall needs of an organization by drilling down to train its core resource, its staff. Enterprise Training can include any of CampusMBA's certification and designation programs, which include those in residential underwriting, loan origination, servicing, regulatory compliance, quality assurance and commercial servicing. Additionally, general education programs are offered for all levels of experience and industry expertise in both commercial and residential real estate finance.