The Oregon Association of Mortgage Professionals, the Oregon state affiliate of NAMB—The Association of Mortgage Professionals, will become the Oregon Mortgage Association (OMA), expanding its mission to serve all facets of the mortgage origination process. "OAMP has proudly honored and supported the mortgage brokerage profession for years in Oregon," said OMA President Matt Jolivette. "But as the mortgage world has evolved, the association needs to evolve with it."
Under the Oregon Mortgage Association name, the group will seek to expand its mission, reaching out to all professionals involved in making mortgages happen for consumers.
"We see tremendous opportunities to connect the community of loan originators at brokerages, banks, credit unions and mortgage companies. And not just with each other, but also with consumers, Realtors, lending service companies and more," said Jolivette. "At all levels, there's a need for education, for networking, and for vigilance that the mortgage markets remain healthy and free to support our state's housing industry."
Established in 1995, the Oregon Mortgage Association is the primary residential mortgage association covering the entire State of Oregon. The OMA represents hundreds of mortgage companies and thousands of mortgage professionals throughout the state, including every platform of residential mortgage banking and brokering available in the primary market. The association exists to represent, protect, and improve the quality of mortgage services in Oregon through awareness and communication.
In a new initiative, the Oregon Mortgage Association will also be dedicating parts of its website to consumer education.
“Buying or refinancing a home these days is a complex process, and consumers need unbiased guidance and help,” Jolivette noted. “They’ll be able to turn to our new Web site, www.ormortgages.org, for tools such as mortgage calculators, help with understanding how much total costs will be, how much home they can afford, and more. We’ll also have news and advice, along with reliable statistical reports. And when consumers want someone local that they can trust, they’ll be able to access our directory of mortgage leaders who’ve sworn to uphold the highest standards of integrity.”