GENERAL SESSION: FASB Update

Vice President, Financial Management, Tax and Accounting Policy, Mortgage Bankers Association

Fran Mordi joined the Mortgage Bankers Association in May of 2017 after 20 years of post-Law school experience in the areas of tax and accounting. Prior to joining MBA, she worked at the American Bankers Association and Deloitte Tax, LLP on domestic and international tax issues impacting the financial services industry. She has specific expertise in putting together training sessions and presenting at bank tax conferences and panels. She also has extensive experience working with the banking regulators, FASB, the Treasury, and Congress as an advocate of the financial services industry. Mordi holds a J.D. from New England Law School, Boston, MA, and an LL.M in Taxation from Georgetown University Law School, Washington, DC.

EVP, Chief Financial Officer, CBC Mortgage Agency - Chenoa Fund

As a 30 year veteran of the mortgage industry, Pam Cooper has worn many hats in the financial management side of mortgage banking. She got her start in Orange County, California in the 1980’s while still a college student at UC Irvine, performing various investor reporting and accounting functions while working as a receptionist at a local mortgage banking firm. She went on to various accounting and finance roles, including 10 years with Deloitte where she served as an industry specialist in the Audit and Advisory Practice. She was part of the restructuring team at Aurora Loan Services after the bankruptcy of Lehman Brothers, and prior to CBC Mortgage Agency, was Chief Financial Officer of a $3.7 billion independent mortgage bank. In 1999 she earned her designation as a Certified Mortgage Banker (CMB), the industry standard of professional success, symbolizing respect, credibility, ethics and achievement within real estate finance. A CPA, she is also serves as Chair of the Mortgage Bankers Association ’s Accounting and Finance Committee.

Assistant Director, Research and Technical Activities, Financial Accounting Standards Board (FASB)

Alex Casas is an assistant director of research and technical activities at the Financial Accounting Standards Board (FASB). In this role, he provides strategic and technical oversight of projects that analyze technical accounting issues and recommends solutions that contemplate the needs of financial statement users as well as related implementation considerations. Before joining the FASB Staff, Casas accumulated 14 years of financial services industry experience in the banking and insurance sectors. Most recently, he served as the global head of accounting policy for a global systemically important bank, where he led an international team of accounting professionals advising on a wide range of complex transactions, new product developments, strategic initiatives, and accounting standards implementations. Prior to banking, he held a variety of accounting policy and finance roles in the insurance sector and began his career in public accounting at PricewaterhouseCoopers LLP. Casas holds a CPA license in the state of Massachusetts. He graduated from the University of Massachusetts Amherst with a Master of Business Administration and a Bachelor of Business Administration, magna cum laude.