About Us And Our Mission


As a federally chartered, public purpose, government agency, we work to increase affordable and sustainable homeownership opportunities for creditworthy individuals who lack down payment funds.


About Us

CBC Mortgage Agency (CBCMA) was formed in 2013 by Cedar Band Corporation (CBC), a federal instrumentality of government, which received its charter to operate nationally through the federal government. CBC is owned by the Cedar Band of Paiutes (Cedar Band). Without any outside investment, the Cedar Band spent several years to organically build CBCMA’s financial capacity and operational expertise, and painstakingly developed and cultivated key industry relationships. This approach, though slow and difficult at times, allowed CBCMA to safely grow into the mature housing finance agency it is today.


The Cedar Band’s principal concern has always been that CBCMA operate its nationwide program in compliance with Department of Housing and Urban Development (“HUD”) guidelines and that the borrowers it assists are capable of sustaining homeownership. From the beginning, CBCMA has had each FHA loan that it purchases receive a second underwriting review to ensure that it is underwritten to FHA standards. CBCMA is very careful to ensure that each borrower receives the protection of every federal and state mortgage regulation and receives appropriate disclosures. In addition, borrowers with FICO scores between 620 and 639 must complete one-on-one pre-purchase education and counseling. All borrowers receive twelve months of counseling from a HUD-approved counseling agency, following their home purchase, to help them successfully transition to homeownership.



Richard Ferguson, President

Mr. Ferguson graduated from Brigham Young University in Economics. He began his career as a
loan officer in 1993, becoming a top producer. In 2000, he helped to build one of the nation’s
largest down payment assistance providers, which he left in 2004. Mr. Ferguson later co-founded
a business finance platform in 2006, which was later acquired, to provide credit and financing
opportunities to small businesses. Mr. Ferguson has also been an angel investor in several
companies involving technology, manufacturing, retail and renewable energy. In 2013, Mr.
Ferguson was recruited to lead CBC Mortgage Agency in providing responsible homeownership
solutions to deserving homeowners.

Michael Whipple, Senior Vice President

Michael graduated from Brigham Young University and the University of Michigan
Law School. He practiced law as a transactional attorney before entering into the
mortgage services industry. He has been an executive with CBC Mortgage Agency since

Miki Adams, Executive Vice President and Chief Compliance Officer

Miki has spent more than 20 years managing change and productivity through calm
and tumultuous economies in the residential mortgage business. She has produced
excellent results in big and small companies. Her experience extends across all phases
of residential mortgage lending, including retail and wholesale originations, quality

control and compliance, underwriting through post closing activities, capital mar-
kets/loan sales and legacy loan portfolio management.

Mat LaMunyon, Servicing and Post Closing

Mat has eleven years experience in mortgage banking, including, servicing, investor
reporting, investor accounting, compliance, post closing and loss mitigation. He has
created and managed full servicing departments. His experience includes all aspects of
post closing, loan servicing and investor relationship management.

Chris Tyrell, Underwriting

Chris has 17 years in the mortgage industry, beginning as an underwriter. His experi-
ence includes managing UW, QC and Compliance departments, administering the exe-
cution of Agency/GSE & Government lending guidelines for large non-banking lenders,

community banks, and boutique companies. Chris has also created and managed Qual-
ity Control and Compliance programs for various lenders, all while incorporating the

philosophy of protecting…

Buck Hawkins, Director of Capital Markets

Buck has twenty years Mortgage Banking experience, including Retail, Consumer

Direct, and Wholesale platform experience. He has created, managed and grown divi-
sions into efficient and profitable channels. His experience includes all aspects of Capi-
tal Markets, originations, credit and collateral risk…

Matt Pettit, National Program Director, Client Engagement

Matt has ten years of experience in B2B sales in the business lending and Mortgage Lending
industries. His expertise within CBC Mortgage Agency is in onboarding new lenders to
offer the program, and training their processing and post-closing departments.

Requesting Information

If you would like more information about this program, please contact our program development team.

Phone: 866-563-3507

Email: info@chenoafund.org

CBCMA Does Not Originate Mortgage Loans. This is not an offer to lend money nor a solicitation of a mortgage application by CBCMA.