A real estate trade troup focused on serving the Hispanic community has chosen a mortgage banker as its president-elect: Jason Madiedo, president and CEO of Las Vegas-based Venta Financial Group.
The National Association of Hispanic Real Estate Professionals (NAHREP) is a San Diego-based nonprofit 501(c)(6) trade association with more than 20,000 members in 48 states.
After NAHREP co-founder Gary Acosta, Madiedo will be the third lender in the trade group’s 14-year history to serve as president, NAHREP said. Gary Acosta is co-founder and co-CEO of New Vista Asset Management.
Madiedo’s Venta Financial Group is a mortgage-banking firm that operates wholesale and retail lending divisions Venta Wholesale and Alterra Home Loans in California, Nevada, Arizona, Texas and Florida.
A 19-year veteran of the housing finance industry, Madiedo served as the chapter president of NAHREP’s Las Vegas chapter from 2005 to 2006. At the national level, Madiedo has served three terms on NAHREP’s national board — the only member to do so — and has also held various roles in the executive committee, the trade group said.
"Jason Madiedo has been an integral part of NAHREP’s national leadership since 2006 and brings a dynamic combination of youth and leadership maturity to the NAHREP executive team," Acosta said in a statement.
"His leadership and expertise in the lending arena comes at a critical time for the association with so many changes in motion that will impact the business of homebuying and Latino homebuyers."
Madiedo will succeed Juan Martinez in his role as president in 2014. Martinez will be sworn in as 2013 president at NAHREP’s annual legislative conference in March in Washington, D.C., and the two "will work closely" after they are installed in their new posts next month, NAHREP said.
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