Curious about what NAMB is doing on behalf of you? Check the NAMB Government Affairs Homepage for updates on meetings with legislative and regulatory representatives, important issues being reviewed by staff, and more!
Legislative Action Center - updated to reflect the most recent action on issues that affect you
Position Papers - all information from the 2009 NAMB Legislative & Regulatory Conference
NAMB Fights for You - NAMB in the press, on Capitol Hill. Find out how NAMB protects you and your industry
News from NAMB - Weekly updates on the most recent developments in the industry
NAMB Grassroots Advocacy - Have you met with your Representative or Senator? Let us know! Want to know when NAMB will be holding In-District or Capitol Hill Lobby Days? Check out our Advocacy Page!
Support NAMBPAC! - If you are a member of NAMB, check out the latest information on NAMBPAC events on donation opportunities (for members only).
Help save your business by donating to the NAMB Partner - Legislative & Regulatory Action Fund
CALL TO ACTION - HR 1077
It's time for mortgage professionals to defend their livelihood. Respond to this URGENT Call to Action today and let your representatives know exactly why they need to support HR 1077 and S. 949. In case you missed it, the Center for Responsible Lending has been misrepresenting these bills and the mortgage industry.
Read the CRL releases:
Do NOT let these groups get away with telling lies about your profession...Get involved today and call your Congressman and Senator and educate them on the FACTS as to why and how HR 1077 and Senate Bill 949 are important to consumers, small businesses, and the overall health of our economy.
Show them the NAMB Myth vs. Fact Sheet on 1077 as well as the industry coalition talking points about exactly what is 1077....
Here is another fact...for all these government studies referring to how many loans will meet the QM test...none of them have studied the impact of the 3% fee cap as currently written.
Do yourself, your customers, and your livelihood a favor and take a stand. Let your legislators know the truth about these bills and tell them they need to support them for the good of their constituents and their country.
Please share this with your colleagues, friends, and customers.
NAMB 2013 Legislative & Regulatory Conference
Click on the links below to access some of the resources from the presentations given at the 2013 Legislative & Regulatory Conference in Washington, D.C.
HR1077 Consumer Mortgage Choice Act
The 2013 National Association of Mortgage Professionals Legislative Conference was an incredible success! We have worked very hard with other industry trade groups to help a NEW bill that needs our support and the support of our Congressional Leaders. HR1077 the Consumer Mortgage Choice Act will level our playing field and amend the Qualified Mortgage; thus giving consumers greater choice when selecting their source of residential financing! NAMB will roll out an official "CALL TO ACTION" soon -
Please read up on this bill and get ready to call your congressman
READ ABOUT HR 1077 HERE
READ THE BILL HERE
NAMB GA Update - Message from Outgoing GA Chair, Recap of Lobby Day
NAMB held a very successful Legislative and Regulatory Conference of the past few days in Washington, D.C.
The feedback I have received personally is that this was the best legislative conference we have held in years... The topics and speakers were very informative, relevant, and educational. Our efforts on Capitol Hill did not go unnoticed either as we were able to get our message across to our legislators that NAMB, the Association of Mortgage Professionals is here to promote and protect home ownership, consumer choice, and small business as demonstrated by our efforts to lobby for Senate Bill 160 (the Medical Debt Relief Act) and House Bill 1077 (the Consumer Mortgage Choice Act). (Be on the lookout for a call to action).
I would like to recognize our wonderful speakers and sponsors. Those in attendance definitely were enlightened as to what is happening on "the hill" :
- Herman Churchwell, Provident Funding
- Jonathan Foxx, Lenders Compliance Group
- Ken Trepeta, NAR
- Justin Wiseman, MBA
- Steve Linville, NAHB
- Jess Sharp, US Chamber
- Mark Calabria, CATO Institute
- Barton Shapiro, C3 Compliance Consultants
- Ed Pinto, American Enterprise Institute
It has been an honor and privilege to serve NAMB and my industry as the Government Affairs Chairman for the last 15 months. I have learned a lot during this course and more importantly I have learned how Washington, D.C. works. This is why I can honestly say many people don't realize how important it is to support and belong to their trade association. The volunteers at NAMB really do sacrifice more than industry participants will ever know. If there is one final message I have for the industry out there...if you are a member, THANK YOU for your support...if you are not a member, please join and support your livelihood. If you cannot afford to invest in supporting the organization that is working for you and trying to keep you educated on the issues, then where do you expect to be in five years...?
NAMB is not a closed club....We are open to everyone in the industry. How can you help?...Email the NAMB President, Don Frommeyer, and tell him you would like to volunteer and ask which committee would be good for you...
Special Thanks again to NAMB leadership and especially Rick Bettencourt, our new Government Affairs Chairman.
Very Special Thanks to my wife, Darinka. I could not have managed this without your constant encouragement, support, and love.
John H. P. Hudson
NAMBWest Loan Originator Conference PresentationsSpecial thanks to the hundreds of mortgage professionals who joined us in Las Vegas for the NAMBWest Loan Originator Conference. You can access the presentations here:
- Rapid Rescore Compliance Infactions, presented by Terry Clemans of National Credit Reporting Association, Inc
- Purchase Explosion; How to Generate an Abundance of Purchase Leads for Free, presented by Ron Vaimberg of Warrior Sales Academy
- Stimulate the Economy with the 203k Loan, presented by Ginger Bell of Plaza Home Mortgage and Go2Training.com
- Stop Sending Meatloaf Recipes to Vegetarians, One-To-One Marketing Basics, presented by Mark Green of Top of Mind Networks
- Successful Originations in Today's Challenging and Dynamic Market, presented by Sue Woodard of Mortgage Success Source
David Stevens MBA President About the Future of the Mortgage Broker
Why NAMBPAC MattersClick here to view a video from NAMB's Government Affairs Committee.
NAMB Applauds Rollout of New and Improved HARPMore qualified applicants could help spur sagging U.S. economy. Click here to read the full Press Release.