NAMB named Financial Literacy Business Partner of the Year: Freddie Mac honors mortgage brokers’ commitment to educating consumersMortgagePress.comFreddie Mac, NAMB, Financial Literacy Business Partner of the Year, Harry H. Dinham, TAMB, Making Home Possible
Freddie Mac recently announced that the National Association of
Mortgage Brokers has been named a Financial Literacy Business
Partner of the Year.
The award, which was revealed at a financial literacy symposium
in Washington, D.C., recognized the associations ongoing programs
to promote financial literacy for Americans of all ages.
We appreciate the attention Freddie Mac has given to our efforts
to increase financial literacy, said NAMB President Harry H.
Dinham, CMC. NAMB believes consumer knowledge is the key to solving
many of the challenges within the mortgage industry today, and we
are supporting several new education efforts within our membership
and in the communities where we live and work.
In addition to NAMB, the Texas Association of Mortgage Brokers
also received an honorable mention in the Successful Approaches to
Motivating Consumers category for its Making Home Possible
program.
The Making Home Possible program combines grassroots outreach by
volunteers, local elected officials and media outlets with an
incentive program that includes free meals and credit scores to
increase attendance at financial education classes. The programs
2006 goal was to train 200 Texans through CreditSmarta financial
literacy seminar that teaches consumers the benefits of
understanding, building and maintaining good credit.
Dinham congratulated TAMB for its leadership in spreading
financial literacy.
TAMBs program is but one example of brokers across the country
working in their communities to help homebuyers make the right
decision about their mortgage, said Dinham. I encourage all of our
affiliates to continue the national effort to bring quality
financial education opportunities to their states.
U.S. Reps. Spencer Bachus (Alabama), Judy Biggert (Illinois),
Rubén Hinojosa (Texas), Mike Honda (California) and Mel Watt
(North Carolina) were all presented with the Champion Award for
their legislative and personal efforts to advance financial
literacy.
At the national level, NAMB has worked with these and other
congressional leaders to promote financial literacy as part of a
robust program for educating consumers on the importance of good
credit and other aspects of the home-buying process.
For more information, visit www.namb.org.
