A Message From Florida Association of Mortgage Professionals Statewide President David Kane – NMP Skip to main content

A Message From Florida Association of Mortgage Professionals Statewide President David Kane

David Kane
Jul 22, 2016

As I write what may be my last message as the president of the Florida Association of Mortgage Professionals (FAMP), I reflect on what an honor it has been to serve as president of this great association over the past two years. To those who have served on the state level as the associations' Committee chairpersons, members of the board of directors, on the Executive Committee during my terms as president, and all of the members who served their individual chapters, my sincerest thank you for all of the work and time you have given to the association. It is through your hard work and efforts that our association continues to thrive. I would be especially remiss without a thank you to all of our members who financially support our association through your dues.

Although we had hoped that changes in our industry would have abated, they keep coming. We now have trended credit on its way and proposed changes from CFPB to "Know Before You Owe" (aka the TRID Rule). You have noticed changes to credit reports regarding how revolving credit is shown. Now you will now see 24 months of payment and balance history, plus other new data, all which is part of trended credit.

FAMP’s Chapters have held informational events, and will continue to host speakers at their local meetings to provide information about relevant topics such as trended credit data. We will continue to keep our members informed about these changes and much more. As the CFPB releases its proposed changes and the comment period opening is announced for "Know Before You Owe,” we will keep you informed, provide all of the information we can garner, and help you meet the deadline for making comments to the CFPB.

With all of that in mind, the FAMP Annual Convention and Trade Show is fast-approaching and kicks off on Wednesday, Aug. 17 with our Annual Golf Outing. Attend our outstanding breakout sessions covering a myriad of topics to keep you up-to-date on products and keep you compliant; complete your eight-hour CE requirement at one of our live classes offered during the convention; and attend our two-day trade show. This is our largest show in a decade, and it is sold out of booth spaces and will be jam-packed with exhibitors, many who are new to our event. Come to meet them and grow your business!

This year FAMP honors the "Red White and Blue.” Attend our "Homes for Our Troops" Breakfast, our Annual OFR Luncheon, and our "Star-Spangled Celebration and Awards.” For more information and to register, visit MyFAMP.org.

If you are not a member of FAMP, visit MyFAMP.org and join today. Our association and your industry needs your support.



David Kane is a regional manager at Security National Mortgage Company and statewide president of the Florida Association of Mortgage Professionals (FAMP). He may be reached by phone at (239) 851-7671 or e-mail [email protected].



This article originally appeared in the July 2016 print edition of National Mortgage Professional Magazine. 

Published
Jul 22, 2016
Biden Reappoints Powell As Federal Reserve Chairman

A signal that The Fed will continue its policies as inflation surges and economic uncertainty spikes due to an emerging variant of the coronavirus. 

Industry News
Nov 29, 2021
Servion Taps Sagent For Consumer-First Servicing Tech Stack

A 7-year deal between Servion Mortgage and Sagent will equip Servion with Sagent's tech stack for performing, non-performing, and consumer experience.

Tech
Nov 29, 2021
Guaranteed Rate's Banosian Funds $2B In Total Loan Volume

The mortgage industry shouldn't be surprised by Guaranteed Rate's top loan officer, Shant Banosian, funding $2 billion in total loan volume during a record-breaking year. After all, “The Billion Dollar Man” is one of the top 5 loan originators in the U.S.

Wholesale
Nov 29, 2021
Chairman Xu Sells Off Personal Assets To Avoid Default

The Evergrande saga continues as Chairman Xu Jiayin sells off 7 billion yuan ($1.1 billion) of his personal assets to prop up the deflating property giant.

Industry News
Nov 23, 2021
OptiFunder Secures $25 Million In Capital

OptiFunder, a warehouse management system provider for mortgage originators, raised $25 million in additional capital lead by Arthur Ventures, a growth capital firm focused on high-growth, founder-led and capital efficient B2B software companies.

Tech
Nov 23, 2021
Mortgage Company Donates $100K To High School In Memory Of Fallen U.S. Navy Corpsman

Cleveland-based CrossCountry Mortgage donated $100,000 to Milan Edison High School in memory of U.S. Navy Corpsman, Maxton W. Soviak, who died while assisting in the evacuation of Americans and refugees in Afghanistan in August.

Community
Nov 23, 2021