July 3, 2009  
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Welcome to The New York Association of Mortgage Brokers Website "a resource center for members and consumers"

The New York Association of Mortgage Brokers (NYAMB) is a non-profit professional association providing educational, legislative and networking services to Mortgage Brokers across the state. Affiliated with the National Association of Mortgage Brokers, NAMB's goal for its members is to improve the quality and professionalism of Mortgage Brokers’ services to the public. JOIN NOW!

Legislative Update!

Financial Regulatory Reform - click here for more information

Article 12E Ammended Proposed Bill A06924 - click here for more information

On May 7, 2009 the House of Representatives passed H.R. 1728, the “Mortgage Reform and Anti-Predatory Lending Act of 2009,” by a vote of 300 to 114. Prior to the vote, NAMB sent a letter to the members of the House of Representatives voicing its concerns with the bill. For a copy of the letter, click here. For a detailed summary of the bill, click here. For a full list of amendments and votes, click here. To access NYAMB's the May 13th legislative update letter click here.

"Legislative Call to Action"
 Request For Careful Reconsideration of HVCC  

Send this petition to everyone you know in the business -  including borrowers!

Stay In Front of Legislation, Protect your Business!

Joining an Association allows you to voice your opinions before it is too late. Get active and join The New York Association of Mortgage Brokers and help preserve your industry!

There are many benefits to being a member of the The New York Association of Mortgage Brokers. The association provides you with continuing education, networking opportunities, and the latest legislative information that could affect mortgage brokers and the industry. 

From Albany to Capitol Hill, the bigger we get the louder the voice!

 

Upcoming Events!!! Minimize

CONTINUING EDUCATION COURSES

Tuesday, July 28, 2009 - White Plains, NY   

 Real Estate Settlement Procedures Act (2020) 4 CEU's 8:00am - 12:00pm
Instructor: Bonnie S. Nachamie, Esq.
Co-Facilitator: John L. Commons

Truth in Lending (TILA) (2030) 4 CEU's 1:00pm- 5:00pm
Instructor: Bonnie S. Nachamie, Esq. 
Co-Facilitator: John L. Commons

Register ON-LINE Now! 

Download Mail-In Registration/Course Descption

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Wednesday, July 29, 2009 - White Plains, NY

Mortgage Broker Business Ethics (4010) 4 CEU's 8:00am - 12:00pm 
Instructor: John L. Commons

The Nation's Fair Lending Laws  (2010) 4 CEU's 1:00pm - 5:00pm
Instructor: John L. Commons

Register ON-LINE Now! 

Download Mail-In Registration/Course Descption

Course Offerings coming soon to Western Region. Back in Long Island Region, September 22nd, Melville, NY. Continue to check our website for updates. 

Mission Statement Minimize
“To foster the lending integrity and ethical standards of its membership through education and networking opportunities in order to better serve the community; and promote the mortgage industry by representing the concerns of its membership to government authorities.”

Industry News! Minimize

FTC Postpones Red Flag Rule Implementation
New effective date is August 1, 2009 click here for more information
posted 5/1/09

NAMB Continues Fight Against HVCC
Although the Home Valuation Code of Conduct (HVCC) goes into effect today, May 1, NAMB is continuing the fight! NAMB continues to work closely with members of Congress and is exploring all possible options resulting in the withdrawal the newly implemented rule. Visit the new NAMB HVCC Resource Center for more information.
posted 5/1/09

RESPA Amendment to H.R. 1728 Accepted Click Here for more information
posted 4/28/09

NYS SAFE ACT Bill Click Here
posted 4/25/09

Home Valuation Code of Conduct HVCC "Call to Action" click here for more information

To see more articles click here

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