NAMB’s Membership Corner: A message from NAMB interim Membership Committee Chair Donald E. Fader, CRMS – NMP Skip to main content

NAMB’s Membership Corner: A message from NAMB interim Membership Committee Chair Donald E. Fader, CRMS

Donald E. Fader
Oct 20, 2009

Let me begin by saying that Interim Membership Chair was not a position that I sought, coveted or expected to hold. For those of you who may not know, our Membership Committee Chair, Victoria Johnson, has experienced some health problems, but I am happy to report that she is recovering nicely and I for one am looking forward to her return to this position. In the meantime, I will do my best, with the assistance of NAMB Director of Membership and Marketing Jessica Savitz, and Membership and Marketing Associate Paul Niermann, to keep the work moving forward. As the name implies, the NAMB Membership Committee is responsible for promoting membership in the association. Membership in a voluntary association, such as NAMB, is optional which means that we have to give you a reason to join. Through the years, NAMB has provided, information, education, certification, representation on legislative issues, and networking, along with other services that you would expect from a professional organization. Today, survival has become the watchword that we all live by. We have become burdened by legislation and regulation meant to protect the public, but in fact, the net result is the shutting off of access to credit extending the economic morass generously referred to by the media as the “Great Recession.” Let’s face it, things are changing and nobody likes change except maybe a baby with a wet diaper. But change creates opportunity and brokers are in the best position to capitalize on these changes because we are nimble, innovative and efficient. We are constantly asking ourselves how we can help that broker who gets up in the morning looking for ways and opportunities to help build a better community one loan at a time. Beginning in October, we will sponsor Webinars for our members that will offer ideas, some old, some new, relating to sales, processing and compliance. NAMB understands that our relevance is determined by our ability to help you navigate this maze of regulation, while at the same time, assisting your customer in making the biggest financial decision of their life. Donald E. Fader, CRMS is Interim NAMB Membership Committee Chair and executive vice president of SMC Home Finance in Kinston, N.C. He may be reached by phone at (252) 523-5800.  
Oct 20, 2009
SEC: Angel Oak Capital Advisors Misled Investors

Company, portfolio manager agree to pay $1.825M combined in civil penalties.

Regulation and Compliance
Aug 10, 2022
MISMO Seeks Public Comment On 3 eMortgage Resources

Updates proposed to MISMO Business Glossary, eMortgage Glossary, and eModification Reference Flyer.

Regulation and Compliance
Aug 05, 2022
As Expected, The Fed Raises Rate By Another 0.75%

Experts say housing industry will shrug off the latest increase.

Regulation and Compliance
Jul 27, 2022
AmTrust Ends 'No-Poach' Agreement, Pays $1.25M Fine In Deal With N.Y. AG

Company also agrees to cooperate with ongoing investigations of the title insurance industry.

Regulation and Compliance
Jul 25, 2022
NAR Chief Economist: Nationwide Home Price Decline Won't Happen Soon

Lack of inventory continues to support growth in prices, which have increased year over year for 124 straight months.

Regulation and Compliance
Jul 22, 2022
FHFA Director: Fannie, Freddie Need $300B Combined In Capital

So far, the enterprises combined have built $83.5 billion in reserves, or about 27% of the target.

Regulation and Compliance
Jul 21, 2022