Monday, September 29
And I thought that I was going to start taking it a little bit easy and here I had last week marked in my schedule for this week. I found myself on an airplane on Tuesday going to one of my favorite cities, Seattle, Washington to attend the WAMP conference. What a great crowd. If you were at this conference and didn’t attend the breakouts, you missed a lot. Frank Percival and Lisa Goldsmith did a fantastic job of getting exhibitors and speakers to make this event very interesting.
I got to meet a lot of great people in Washington and they really care about what is going on in the industry. We talked about the average age of an originator, 54 according to the NMLS, and I could not wait to ask the question about how long people had been in the business. There were about 175 people in the room and I asked the dreaded question, “how many of you originators have been around less than 3 years?” One person raised their hand. This just goes to tell you that we need to find a way to get more young people involved. NAMB has a task force working on this subject as it is very important that we continue to get the younger generation involved.
I ran into a lot of people who were just at NAMB National and they gave me some great ideas that I will pass on to Nathan Pierce, chair of the committee for next year. I also had a very long discussion with my friend, Brian Stevens from the National Real Estate Post and we will talk about them coming to NAMB National next year. Just a note: I think these guys do a great job of getting some of the information that is out there to you on a daily basis. I know that I watch them every morning to get started on my journey each and every day. Visit TheNationalRealEstatePost.com to sign up to receive their daily show.
I sent a national press release last week on the Lending Integrity Seal of Approval. We are trying to get every NAMB and their team to have this. With the increased promotion and aggressiveness of the Membership Chair, Kay Cleland and I mentioning it every time we can, we are going to make this the designation to have in 2014-2015. If you don’t have it, you are a NAMB Member, and you are an originator, go to the membership section of NAMB.org and sign up today. It is free and soon everyone that is looking for a mortgage loan, will want those that have it.
I will be in my office for the next 4 weeks trying to originate some loans and getting them closed. But I will keep you up to date on what is going on at NAMB.
And just so you know, you can contact me at email@example.com.
Until next week!!!
Donald J. Frommeyer, CRMS, CEO
NAMB—The Association of Mortgage Professionals
NAMB Names Don Frommeyer to New CEO Position
Longtime president to assume newly-created role within the association
SEPTEMBER 5, 2014—The Board of Directors of NAMB—The Association of Mortgage Professionals has elected current NAMB President Donald J. Frommeyer, CRMS, as chief executive officer of NAMB, effective at the end of his current term as president.
In creating this new position, the NAMB Board felt that the association had reached a time in which they need an individual constantly representing the membership and a consistent face of the association.
“The time is right to promote the association nationwide,” said NAMB Board Member Olga Kucerak, CRMS. “We selected Don because of his tireless efforts and dedication to protect consumers’ choice and his efforts in fighting the good fight.”
Frommeyer’s responsibility will be primarily geared toward the association’s external/public relations and he will also assist the new president with special projects and other tasks. Frommeyer’s main focus will be building the public NAMB brand and image of the association. He will continue to represent NAMB in National Industry Panels. He will also hold the position of immediate past president on the new Board of Directors.
"NAMB is currently in a position of great prominence and is growing," said Frommeyer. "The association is regularly called upon by regulators such as the Consumer Financial Protection Bureau (CFPB) for face-to-face meetings, and we are well known by our elected officials both on Capitol Hill and locally. As CEO of the association, I plan to keep the NAMB brand at the forefront of mortgage professionalism, and will seek new ways in which to have our members as the first choice for the homebuying needs of the American consumer."
NAMB’s new president will be John Councilman, CMC, CRMS of AMC Mortgage Corporation in Fort Myers, Fla., who will be sworn in on Sept. 14 during the NAMB National convention in Las Vegas.
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