Comerica Bank’s Trey Worley, Senior Vice President and Group Manager of the Warehouse Lending division, was elected as the Texas Mortgage Bankers Association (TMBA) President on April 30 at the TMBA 103rd Annual Convention at the Marriott Rivercenter in San Antonio.
Worley, who has served as a TMBA board member or committee chair since 2011, most recently held the vice president position. Since 1917, the TMBA has promoted fair and ethical lending practices among real estate finance employees. For the next year, Worley will preside over this association that provides industry leadership, legislative advocacy and education to its 1,000 members who represent more than 300 companies.
At Comerica, Worley oversees the warehouse lending sales team covering the Western U.S. and Gulf States, which represents approximately $2.5 billion in warehouse facilities and 50 customers. Worley has spent his entire 17-year career in commercial banking with a focus on warehouse lending, including the last 10 at Comerica.
“Trey’s appointment as the TMBA President can be directly attributed to his accomplishments and success in the warehouse lending industry,” said Brian Foley, Texas Market President. “He continues to help Comerica and his peers preserve, enhance and advance the mortgage banking and real estate finance business in the State of Texas. We are honored to have a Comerica executive serve in this role.”
Worley, who also volunteers at his church locally and nationally, earned a Bachelor of Business Administration in Finance and Economics from Baylor University.
About Comerica Bank
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by the Business Bank, the Retail Bank, and Wealth Management. Comerica's approximately 8,000 colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Comerica reported total assets of $70.7 billion at March 31, 2019.
About Texas Mortgage Bankers Association
Founded in 1917, the Texas Mortgage Bankers Association has provided leadership, legislative advocacy, and education to the real estate finance industry. We promote fair and ethical lending practices among real estate finance professionals through a wide range of programs. As the oldest and largest statewide MBA, our mission is to advance Texas mortgage banking and serve the mutual interests of our members who support Texas' annual $100-plus billion mortgage market.