TNMBA Raises $15K-Plus for PAC – NMP Skip to main content

TNMBA Raises $15K-Plus for PAC

Dec 18, 2019
Aimee McIlveen, member of the KMBA Board of Directors, delivers a check for over $10,000 for TNPAC to TNMBA President Jeff Tucker

The Tennessee Mortgage Bankers Association (TNMBA) raised more than $15,000 for TNPAC through their first annual statewide fundraising competition.
 
“The Knoxville Mortgage Bankers Association (KMBA) absolutely crushed it by raising over $10,000,” said Jeff Tucker, president of TNMBA. “As a result, they earned the first-ever Aimee McIlveen TNPAC Fundraising Award. This initiative resulted in more than doubling the balance in TNPAC and easily exceeded our fundraising goal for the year.”
 
According to Tucker, the new fundraising award is named for Aimee McIlveen because the competition was her idea–and she was fairly confident which chapter would lead the way this year. He said that TNMBA identified a need for more advocacy funding, but had not determined an actionable plan to succeed. Aimee suggested that competition among the local chapters would work–and she was certainly right.
 
“Legislative advocacy is arguably the most important aspect of TNMBA’s mission,” Tucker said. “It is part of TNMBA’s heritage and a crucial part of our mission. Ernest P. Schumacher, who founded TNMBA 60 years ago, was also the founder and first chairman of MORPAC, the National MBA’s political action committee. Advocacy is part of the DNA of TNMBA. This new funding will allow our lobbyist, Tony Thompson, to be more effective in his efforts representing the mortgage banking profession to members of the Tennessee General Assembly.”

 
About the author
Published
Dec 18, 2019
Fannie Mae AI Governance Deadline Arrives Aug. 6

Seller/servicers using artificial intelligence in origination or servicing must have formal policies, oversight, and vendor controls in place

Condo Review Deadline Puts Lenders On The Clock

Fannie Mae and Freddie Mac will eliminate abbreviated project reviews for condo applications dated on or after Aug. 3

TRUE Releases AI Governance Guide Ahead Of Fannie Mae Deadline

Guide focuses on tracing mortgage data from borrower documents through AI validation, human review, and final LOS entry

AD Mortgage Warns Condo Eligibility Changes Could Restrict Conventional Financing

Wholesale lender cites internal loan data to urge regulators to monitor whether new condominium eligibility standards reduce access to conventional financing

CHLA Says Direct Payments Are Key To Small FHA Loans

The lender group says mortgages below $100,000 routinely lose money, while LO compensation rules could prevent federal incentives from reaching originators

Solidifi Clears FHA Certification For UAD 3.6 Integration

The appraisal management company says it is the first to complete certification for FHA’s modernized EAD platform, giving lender clients an early path toward implementation