Big News – NAMB Reduces Membership Dues

If you are a third party mortgage originator, appraiser, title agent or other vendor to the mortgage industry, there has never been a more critical time to get involved in the discussion.  Case in point, take 2 minutes to read what Senator Merkley (D-OR) and a few of this buddies in the Senate think about loan originators:

Why Stop With the Bath Water When You Can Throw Out the Baby At No Additional Charge?

Here’s the big news:  NAMB is getting ready to officially announce major reductions on annual dues:

Professional Member (ie:  mortgage broker/owner) – $120

Affiliate Member – $95

Associate/Loan Officer – $50

These are the prices that your local state affiliate will add on top of their annual dues.  So, for example, if the Georgia Association of Mortgage Brokers charges $150 for a “Professional” annual membership, you’d add the $120 above and it would cost only $270 to belong to both GAMB and NAMB.  By the way, Georgia originators, GA Senate Bill 57 is still out there and it needs to be addressed.  GAMB is leading that charge.

If the cost of membership used to be your stumbling block, NAMB’s effectively eliminated this for you.  We need to come together NOW – not for ourselves, but for the interests of consumers.  If you’d like to join, please shoot me an email or leave a comment and I’ll make sure you get the VIP treatment.

I’d like to thank Jim Pair and Roy Deloach for listening to the people and doing what needed to be done.  It’s a whole new ball game.

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• Transparent Brokerage Fees Are An Elephant Slayer