GENERAL SESSION: Economic Outlook and Market Landscape

2025 MBA Vice Chair; Chief Executive Officer, Success Mortgage Partners, Inc.

Owen Lee is the 2025 MBA Vice Chair and Chief Executive Officer at Success Mortgage Partners, Inc., (SMP). He co-founded the company with his father, Vincent, in 2002. Under his leadership, SMP has closed billions of dollars of mortgage loans yearly since 2016, is licensed in 42 states, and has more than 600 employees. Lee is also a Managing Member of Title Partners, LLC, a full-service title insurance and escrow services agency. An active leader in the mortgage and financial services sectors, Lee serves on MBA’s Board of Directors, is Co-Chair of its Independent Mortgage Bankers Executive Council, and is currently the 2023-2024 Chairman of MORPAC, MBA’s political action committee, where he has been a successful political fundraiser, helping to advance the association’s top legislative priorities.

Chief Economist, Senior Vice President, Research and Business Development, Mortgage Bankers Association

Mike Fratantoni, Ph.D. is MBA’s Chief Economist and Senior Vice President of Research and Industry Technology. In this role, he is responsible for overseeing MBA’s industry surveys, benchmarking studies, economic and mortgage originations forecasts, industry technology efforts and policy development research for both single-family and commercial/multifamily markets. Additionally, Fratantoni is president and member of the Board of Directors of MISMO and serves on the CSP’s Industry Advisory Group and the membership committee of MERS. Prior to joining MBA, Fratantoni worked in the industry in risk management and senior economist roles at Washington Mutual and Fannie Mae.