President's Message

Joe Logan, Sales Executive/Manager of South Suburbs for Chicago Title was installed as President of the IMBA for 2019 on February 7, 2019 at the Loews Hotel in Rosemont. Close to 200 members and guests attending the evening to celebrate the 98th Annual Meeting. Here are some excerpts from Joe’s remarks:

“Thank you for the honor to serve as President of the Illinois Mortgage Bankers Association. Let me tell you a little bit about myself and how I got into this business that I love so much.

In 2001, I was a pit trader at Chicago Board of Trade, failing miserably yet putting on a strong façade for my wife. Walking into a trading pit every morning fighting to pay your bills and hoping you had enough to pay the mortgage after wasn’t easy or enjoyable at the time. The computer traders had taken over whatever edge remained and they were slowing chipping away at the local pit traders. Around the same time, after six years of marriage, my wife and I were blessed with a beautiful baby girl. We were quickly outgrowing the house we had bought years earlier so we sold it and bought another one. Life was quickly getting real and that’s when one of my best-friends approached me with an option to start over in a new field with a new career. He wanted me to get into the title insurance business.

What followed was some of the most rewarding and memorable years of my life! This person took the time and had the patience to teach me an entirely new industry. Still to this day, I look back and can’t thank him enough …he gave me a career, the opportunity to grow, and a future in a wonderful industry. The person I’m referring to is Walt Carney. He is still in the industry and is still a great friend. Thank you Walt.

The guy who introduced me to the IMBA is my IMBA mentor and great friend, Nick Parisi. Nick was President of the IMBA in 2013. I’ll never forget the day Nick called me … in the usual Nick Parisi way … “Hey Joe, just wanted to let you know you’re on the board of the IMBA“. Thank you Nick! I think of you often…you’ve made a difference in my career and in my life, but most of all, I cherish you as a good friend.

Thus began my tenure with the IMBA, an organization I have the utmost respect for. Which inevitably leads me to Barbara Zajicek, our Executive Director…. you are the IMBA anchor, focused on a singular goal of maintaining and growing the IMBA. You are nothing short of amazing and the association is blessed to have you. Thank You Barbara!

Last, but not least by any means, is my wife, Margie. Thank you for putting up with the long nights that ended up being early mornings. The angry scowls I constantly bring home with me because I can’t leave work at work and the unwavering trust and support we have shared over our 24 years of marriage. Thank you for our two beautiful children, Joey, 15 and Abby who is about to turn 17. I love you.

Now on to the business that is the IMBA. The IMBA is a network of individuals and companies with a common interest – the residential mortgage business.  The association’s goal is to provide you and your company with the best programs and resources available by delivering:

Timely updates on compliance/regulatory issues affecting the mortgage industry;
Industry-wide networking opportunities, contacts and partnerships;
Industry specific training, education and professional development;
Committee participation – great way to get involved with the association’s agenda;
Visit IMBA.org to join a committee;
Member participation in forums on regulation, legislation, capital markets, affordable housing and more;
Advocacy efforts with the Mortgage Bankers Association; Quarterly meetings with the IDFPR to address licensee issues;
Timely member updates on association meetings, events and much more.

For more than 98 years, the Illinois Mortgage Bankers Association has stood as the State's premier mortgage banking trade association focused solely on mortgage banking needs and issues in the State of Illinois.  Advocate for your customers, advocate for your company, and advocate for your industry!  The IMBA is here for you.  Becuase we don't exist if not for you.

In closing, I’m not much of an affirmation type guy, I don’t stare into the mirror in the morning with anything special or uplifting. Nothing witty or earth shattering. What I do while I’m getting myself together for work is maintain one simple thought, one goal, one mission to get me going every morning … a thought that we can all benefit from: Today, I will fulfill the American dream of home ownership by helping a family purchase and move into a new home.