Featured Industry Leader: Ray DeMar, Past President, Nebraska Association of Mortgage Brokers – NMP Skip to main content

Featured Industry Leader: Ray DeMar, Past President, Nebraska Association of Mortgage Brokers

Phil Hall
Aug 21, 2017
Ray DeMar is president of 1st United Mortgage Banc in Lincoln, Neb., and Past President of the Nebraska Association of Mortgage Brokers (NEAMB)

Ray DeMar is president of 1st United Mortgage Banc in Lincoln, Neb., and Past President of the Nebraska Association of Mortgage Brokers (NEAMB).Ray DeMar is president of 1st United Mortgage Banc in Lincoln, Neb., and Past President of the Nebraska Association of Mortgage Brokers (NEAMB). National Mortgage Professional Magazine recently spoke with him regarding his trade association leadership.
 
How and why did you get involved with the Nebraska Association of Mortgage Brokers (NEAMB)? Can you share the track within your association that led to your leadership role?
I joined both the Nebraska Association of Mortgage Brokers and NAMB—The Association of Mortgage Professionals in 2007. The mortgage crisis was underway and the need to be informed was a leading factor in my joining. Once a member, I joined the Board of Directors, I later became involved in the association’s Fall Conference and Membership Committees, although I did not chair either of them. I eventually was elected association President and served in that capacity from 2015 to early 2016. I have very much enjoyed the association.
 
Why do you feel members of the mortgage profession in your state should join NEAMB?
The association puts on a Fall Conference that is usually held over the course of two days. On the first day, we have continuing education classes that last for four hours, and later, have a social event where all of the affiliates operating in the industry–title companies, lenders, insurance companies and so forth–come in and tell us what’s new and exciting. We have about 100 members and they are a great group of people.
 
What role does NEAMB play in the federal and state legislative and regulatory environments? Are there any items on the current agenda you would like to highlight?
We have not been overly involved in regulatory issues. On occasion, we get e-mails from NAMB asking us to contact our representatives regarding specific issues. We also have an individual on the Board who follows the legislative side and updates up on what Nebraska might doing that would adversely or positively affect our industry.
 
Ray DeMar is president of 1st United Mortgage Banc in Lincoln, Neb., and Past President of the Nebraska Association of Mortgage Brokers (NEAMB)What do you see as your most significant accomplishments with NEAMB?
The ability to put on our own continuing education classes. Shortly after the crash began, it became obvious that everyone would have to take the NMLS. We decided to take the initiative and have continuing education in our Nebraska organization. I don’t know how many states did that.
 
In your opinion, what can be done to bring more young people into mortgage careers?
Educating young people about the industry would be helpful. The association has talked about it, but to date, we have not established an outreach program. As for why many Millennials are not pursuing this, I imagine many still remember the mortgage crisis.
 
How would you define your state's housing market?
Nebraska has always been a very stable market, even during periods of high rate environments, recession and inflation.

Phil Hall is Managing Editor of National Mortgage Professional Magazine. He may be reached by e-mail at [email protected].

 
Published
Aug 21, 2017
Lakeview Loan Servicing Faces Multiple Lawsuits Over Data Breach

At least a dozen civil lawsuits have been filed against the company, all seeking class-action status.

Industry News
May 26, 2022
Homepoint Rolls Out Jumbo ARM Loans

Homepoint's Jumbo ARM is a strategic addition to the company’s expanding jumbo portfolio.

Industry News
May 25, 2022
Planet Home Lending Expands in Oregon

New team in Portland focuses on construction lending in the Northwest.

Career
May 24, 2022
PennyMac Cutting 207 Jobs

A wide variety of positions are affected.

Industry News
May 24, 2022
Loan Officer Charged With Bank Fraud, Identity Theft

If convicted, she faces up to 30 years in federal prison on each bank fraud count and a mandatory consecutive 2 years’ imprisonment.

Industry News
May 24, 2022
Openn Launches Pilot with bridgeMLS For Sales In California

Agents in Northern California, Bay Area will be able to list property and accept offers using the platform. 

Tech
May 24, 2022