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Joseph Falk named to Federal Reserve Board Consumer Advisory Council MortgagePress.comJoseph Falk, NAMB, Federal Reserve Board Consumer Advisory Council, Akerman Senterfitt, Consumer Credit Protection Act The U.S. Federal Reserve Board has named National Association of Mortgage Brokers Past President and current Legislative Committee Chair Joseph Falk as a new member of its Consumer Advisory Council. The Council, which meets three times annually in Washington, D.C., advises the Federal Reserve Board on important policy issues related to consumer financial services. Falk will serve a three-year term on the Council. "I am honored to be chosen for this position and look forward to helping the Federal Reserve Board make appropriate decisions that protect consumers and allow our country's thriving financial markets to remain strong," said Falk. As a licensed mortgage broker, Falk has testified before the Federal Reserve Board on numerous occasions about issues related to home buying and the mortgage industry. He is currently a consultant with the law firm of Akerman Senterfitt, where he serves as an expert on lending, brokering, insurance and other business issues. He also has often testified on financial issues before Congress and was the 2006 recipient of NAMB's Leadership Award. He has been a member of NAMB's Board of Directors since 1995. Falk is one of 10 new members who were added to the Consumer Advisory Council. The Council was created to advise the Federal Reserve Board on its responsibilities under the Consumer Credit Protection Act. For more information, visit www.namb.org and www.federalreserve.gov.