Mortgage Bankers Association of Florida 
Winter 2010
Keeping You Informed
In This Issue
Local Chapters
Members Only Online
Welcome New Members
You Can Still Register!

7th Annual Eastern
Secondary Conference
February 16-17, 2010

Regal Sun Resort
Lake Buena Vista, Florida

Members Click Here to Register Online

Non-Members Click Here to Register Online
List of Local Chapters
and 2009/2010 Local Chapter President's

Please visit our chapters. You can click the chapter name to access their web site. There is also a link to send an email.

Claudine Claus

Mark Your Calendars


57th Annual Convention
June 23-24, 2010

Marriott Delray Beach

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This is your Winter 2010 news from the MBA of Florida.
President's Message
by Howard Nelson
Howard Nelson

Greetings once again...Here we are in early February already, 2010 is well underway, and 2009 seems long ago. We have all begun to transition into a new RESPA world and many other changes that seem to be never ending for our industry. And while many would reflect on the uncertainty of tomorrow, one thing that is certain and that is "change". Yes, seems like everywhere we turn, change is impacting our lives and those around us. For many, any change or all changes in general, creates stress in our lives, which can be both good and bad, depending upon how it motivates us. We would probably all agree that our world gets more complex every day and seems to be moving at a faster pace than ever before. Yes, change is here to stay. It is not going away, so we really just need to take a good look inwardly and adjust our attitudes and behaviors. We must determine those changes that we can influence and/or control, accept the changes we have no control over and move on to greater productivity and successes. How?


A writer I have much respect for, Chuck Swindol, writes..."The longer I live, the more I realize the impact of attitude on life. Attitude, to me, is more important than facts. It is more important than the past, than education, than money, than circumstances, than failures, than successes, than what other people think or say or do. It is more important than appearance, giftedness or skill. It will make or break a company...a church...a home. The remarkable think is we have a choice, every day, regarding the attitude we will embrace for that day. We cannot change our past...we cannot change the fact that people will act in a certain way. We cannot change the inevitable. The only thing we can do is play on the one string we have, and that is our attitude...I am convinced that life is 10% what happens to me and 90% how I react to it. And so it is with you...we are in charge of our attitudes."


Yes, our attitude, our behaviors, the way we react to the changes that are upon us and the changes to come, can best be met head-on with the right attitude and equally important, with partnerships. We shouldn't face these changes alone, nor do we have too. Whether we face a business or personal challenge, we have greater chances of success with others as partners...our teammates, our family and friends, and as it relates to our Association and Industry, our important industry partners. I have mentioned in my two preceding newsletter articles, this year's theme, Strength in Partnerships. Given the economic and regulator climate, (which many are predicting to continue for some time), our industry partnerships and alliances are crucially important. I am hearing from many MBA Chapter leaders of the successes at local levels teaming with other Industry partners, such as Board of Realtors and Home Builders Associations on local legislative regulations, issues that are not in our industry's best interest or the interest of the American Dream of Home Ownership...and yes, home ownership is still a dream of many families in America! Many of these local issues have been elevated to State and National levels and are receiving active attention of other industry leaders as we speak. MBAF continues to work very closely with and strengthening partnerships with the Florida Association of Realtors, Florida Home Builders Association, Florida Bankers Association and other Industry trade association on important industry issues and topics.


The Mortgage Bankers Association of Florida's new alliance with MBA National continues to grow stronger. We continue to work closely with MBA National on legislative issues that are important at both state and national levels. MBA National's CampusMBA, has partnered with MBAF to offer a valuable new course, Comprehensive SAFE Act Training, in two locations in Florida, (Maitland, Florida on 03/03-03/04 and Jacksonville, Florida on 03/17-03/18). Check out our website for more detailed information and registration information. Class size is limited, so please do not delay here. Later this month, MBAF is once again, hosting a premier event, the Eastern Secondary Market Conference, February 16th & 17th, at the Regal Sun Resort, Lake Buena Vista, Florida. Make sure to mark your calendars for our 57th annual convention, to be held at the beautiful Marriott Delray Beach, located on Florida's Gold Coast overlooking sandy beaches on Ocean Boulevard, Delray Beach, Florida, June 23-24, 2010. We're still working on a possible legislative day in Tallahassee, sometime in late March. Stay tuned for more information on this. Every MBA Chapter around the state also offers exciting and valued monthly programs as well as periodic special educational and charitable events. Yes, MBA is working hard for you. Question is...are you on board? If not, you are missing out and should really think about jumping on board with your local MBA Chapter and MBAF, your State Association. There is, Strength in Partnerships...together we can win!


Wishing all the best and success for 2010...hope to see you at these upcoming events and meetings!

Political Action Commentary Media and Legislative News
by Eric Prutsman, Legislative Representative and John Chludzenski, Legislative Committee Chair

STATE - Eric Prutsman

Although we are still a month away from the start of the 2010 Legislative Session, for all intents and purposes it has already arrived. Legislative committees met in January and will meet weekly throughout February. Over a thousand bills have been filed and another thousand will be filed this month.


Even with positive economic news coming in from all corners of the State, the effects of the recession will linger for at least another year.  Increased Medicaid costs, in part due to the job losses where workers no longer have either an income or insurance pay for medical care, are causing a deepening deficit. Legislators will spend most of their time this Session addressing budget issues and trying to find ways to deal with a $3 billion deficit in a $22 billion general revenue budget (a budget that is now 40% smaller than it was 3 years ago).


The House and Senate are looking closely at the Supreme Court's recent Administrative Order on managed mediation in residential foreclosures.  This mandatory mediation for lenders was put into place at the end of December, 2009, without consultation of the Legislature.  It now appears that some members of the Legislature are concerned that the Supreme Court may have overstepped their judicial authority by enacting a rule that is more than procedural and is substantive in nature. No legislation has been filed to overturn the Court's order but we'll be monitoring.


Legislation has also been filed to create a new reverse mortgage regulatory program. State Senator Mike Fasano and State Representative John Legg (Senate Bill 1532 and House Bill 845) filed their respective bills to protect senior homeowners from abuse and fraud; encourage senior consumers interested in reverse mortgages to use entities approved by HUD; and increase the participation in reverse lending. The legislation is based upon a model act developed by the Mortgage Bankers Association.  MBAF is working closely with both sponsors.

We'll be providing periodic updates throughout Session, and you can expect to be called upon to make phone calls and send emails to your local legislators on issues of importance to you and the MBAF.

MBA of the Gulf Coast announces they scheduled congressman Vern Buchanan to speak at our March 8th General Membership Meeting. They are planning to discuss with Mr. Buchanan the many and varied legislative matters concerning our industry. Such as HR 1728:

Mortgage Reform and Anti-Predatory Lending Act; 3126 - Consumer Financial Protection Act; and HR 3044 - 18 Month Moratorium on the Home Valuation Code of Conduct.


They are holding this meeting at the Fete Ballroom at the Polo Grill in Lakewood Ranch, FL. Monday March 8th from 11:30 - 1:30 - all members of MBA chapters in Florida are welcome as well as affiliates, Chamber Members, Members of the Board of Realtors, Developers, etc. Anyone who has an interest in the Real Estate or development business in Florida should attend this meeting and make their concerns be known to our Congressman...


"The definition of quality: Doing the right thing, and only the right thing, at the right time, all the time." 
Do you know who your Representatives are and how to contact them?


and What is a Certified Mortgage Banker?

CMB Logo 
The CMB Society has a group page on LinkedIn. If you have an account with LinkedIn, and are a Certified Mortgage Banker, please take a minute to request membership status in this group:

What is a Certified Mortgage Banker?
The Certified Mortgage Banker (CMB) designation is the industry standard of professional success. It symbolizes respect, credibility, ethics, and achievement within real estate finance. Earning a CMB instantly places you at the top of our dynamic industry and makes you a part of the elite group that has achieved the highest level of professional success.

In these tough times, holding a CMB designation can put you at the top of the list for career opportunities.

You can choose to earn a Commercial or Residential CMB. Complete both programs to earn your Master CMB. Achievement of these designations represents the epitome of dedication and expertise in the real estate finance industry.

Since its inception in 1973, the CMB has been the highest professional designation for the real estate finance industry. The CMB community is made up of outstanding industry professionals and leaders. With such a great community, the designation  continues to define excellence within the industry.

Currently there are over 1000 CMBs nationwide.

Whether obtaining the designation as a personal achievement in their career, or as a testament to the industry, CMB designees exhibit the dedication that inspires other professionals to strive for excellence. In fact, more than 89% of CMB designees hold the title of vice president or higher, reflecting the level of leadership and commitment designees maintain.

The Tools to Succeed
We have all the right tools to help you succeed. CampusMBA offers award-winning training to help you meet the requirements and prepare for the exam. And you can track your progress with your online transcript.

If you are an individual who would like to demonstrate your commitment to professional excellence and distinguish yourself as a leader within the industry-the CMB designation is the program for you.

When the program was initially developed, professionals who wished to earn the designation were required to learn both commercial and residential finance disciplines before they could earn the CMB. At that time, most lenders had commercial shops within their organization, so it was expected that professionals could, and would learn both parts of the industry.

The growth of the industry necessitated the division of companies to focus on more specialized operations and many new companies appeared on the playing field as a result. Now many successful professionals are experts within their field and may never have the opportunity or need to learn the other side of the business.
MBA has introduced a new Executive CMB program for those individuals with industry experience but do not have the time to attend the School of Mortgage Banking.

Ross G. Bennett, CMB-
Chair, Certified Mortgage Banker Committee, MBAF
Members Only OnlineMBAF Online Page


Click the link above. If you do not remember you password all you have to do is click the waving icon and it will be emailed to you immediately.

Need to call someone or send them an email, you can look them up online. What to see if John Smith is a member, can you look for them online, want to see our board members or committees, you can find them here too.

Members can search all other members by individual names, company names, committees, board members, designations and more. You can post your company profile. You may ask a question or post in the Forum. You can register for conventions and conferences or the future leaders program. You can pay your dues and the primary contact can update their information. There are so many things available to you in the members area. We would like to expand it's use and encourage you to participate.
Also as a reminder if you have not paid your membership dues they are past due! You can pay your dues online, via fax or mail.

Please contact Brenda at the state office if you have any questions at or 407-290-9404.
Our New Members

Associate Member
Greentree Environmental Services, Inc.
John Casey
Cape Coral, FL

Mortgage Banking Members
McCaughan Mortgage Company Inc
Roger VanHoff
Miami, FL 33173

Terrace Mortgage Co.
Sandy Garcia
Tampa, FL
Tropical Financial Credit Union
Robert Green
Miramar, FL
WCS Lending LLC
Carlos Cepeda
Boca Raton, FL

Individual Members
Amy Liu
Washington DC
Daniel Smith
Washington DC
Since 1952, the Mortgage Bankers Association of Florida (MBAF) has integrated the state's diverse real estate finance industry into a unified service organization.  The MBAF is committed to promoting sound and ethical business practices in the mortgage banking industry; providing a powerful and responsible presence in Florida's legislative arena; educating its members in the most up-to-date practices and methods, so members can grow and mature in their careers; serving as a forum for communication and social interaction among peers; and adapting to change in a mercurial business environment, in order to help mortgage bankers succeed in that environment.

Not a Member? You can join today!
Click to Access Membership Application

Please contact Brenda Thomas at the state office with any questions at or 407-290-9404