Mortgage Bankers Association of Florida
Keeping You Informed
Welcome to Mortgage Bankers Association of Florida Fall Newsletter

This is news from your association. We welcome your articles and input. Members to members, peer to peer helps everyone
stay informed! 

Message from the President Mike Culbertson
Michael A. Culbertson 


I find it hard to believe that 2011 will soon come to a close. Since taking the helm of the MBAF presidency in June 2011 I can say your association has been very busy with our efforts to ensure that this year exceeds your expectations and continues to provide you with the value and benefit of being a member.

I had the privilege of attending the 2011 MBA National Convention held in Chicago this past October and I was quite impressed with the overall positive nature of the convention, the increase in attendees and the caliber of the national speakers and panelists. Most of the excitement surrounding this year's convention was around David Stevens and his newly appointed role as the President and CEO of the MBA. His continued networking and support in the US Congress is definitely going to benefit the mortgage industry and its professional association as its moves through these ever changing regulatory and legislative times.   David stressed that it was time for the MBA and all Mortgage Bankers to "Take Back Our Industry" and of the importance of the role of today's Mortgage Banker in the entire real estate transactions.

Your MBAF leaders have chosen two excellent sites for our "star" events, the Eastern Secondary Market Conference and the 59th Annual Convention. We are heading to north Florida for the Secondary Conference, which will be held at the Ritz Carlton in beautiful Amelia Island. Then in June we travel south for the 59th Annual Convention, which will be held at The Riverside Hotel on Las Olas in tropical and exciting Ft. Lauderdale. My theme this year is "Embrace the Opportunities", which I feel strongly that we need to keep an open mind about everything that comes our way! Please look for the Secondary Conference program to be out soon with complete list of speakers and sessions. Registration is open to exhibit, register as an attendee and sponsor. We have a very good discount for attendees that register prior to December 1st for only $300. Click the link in this newsletter over there in the right column. The link will take you to the registration forms and online registration area. The convention committee has been meeting and discussing the program speakers, fun events and networking opportunities and we expect that program to be finalized and ready by February.

Financially, the MBAF is ahead of budget and operating in the black. With so many associations and organizations continuing to struggle due to the current economic situation we are very fortunate to still be a vibrant and active association for you and your industry. Of course, we are still depending on maintaining our financial position and we need to count on you to be involved. We rely on two events a year to network, educate our members and to make sure we stay ahead. We hope to always increase attendance and expect to have large crowds at our two signature events. Our membership committee is working to reach out to potential new members to increase our membership base. But remember, we don't just want your membership, we need your involvement.

In closing, thank you again for your continued support of the Mortgage Bankers Association of Florida. I look forward to seeing all of you at the Eastern Secondary Market Conference February 15-17, 2012 at Amelia Island.

Very truly yours,

Michael A. Culbertson

MBAF President

Local Chapter News


MBA of Tampa Bay

Hard to believe the first half of the year is almost over. In Tampa we have had great luck with panel discussions. Our MI panel, USDA panel as well as the agency panel were very education and we had great turnouts. This month we have someone speaking on business etiquette. We are trying to target all audiences of our industry. We even had some fun with MBA Gulfcoast Chapter and had a joint night at the TROP. Ray's vs. the Yankee's. 72 attended and we have all decided after 2 years this will be an annual event! On November 10th Tampa Bay will host our annual Children's Home Auction at The St Pete Museum of History. Last year we raised 15,000 for the children's home and hope to do it again.  Please visit's%20Home%20Auction.pdf for more information.


Our membership drive is in full swing and we hope to have 200 members by the end of January. MPAC continues to be a major focus for the Tampabay chapter and we are holding our annual Golf tournament in April to benefit MPAC. 

Sandy Garcia
MBA of Tampa Bay President

MBA of South Florida


Miami Chapter is back in business with a board of 21 and some exciting events planned for the rest of the year. Currently we are running a membership drive as well as a major focus on MPAC and education. November 3rd we will have Nathaniel Bittman from Security National Mortgage speak on Compliance and the Dodd- Frank act.

On December 6th we will host our 35th annual Jackson Children's Hospital  Holiday event where Donnie Rosenthal gets to dress up as Santa and present gifts to the children. Please visit for more information.


John Cosculluela 

MBA of South Florida President



MBA of Jacksonville


MBA of Jacksonville at the Realtor/Builders Trade Show.


 Brian Hendricks with Fidelity Insurance Group

 Brian Hendricks with Fidelity Insurance Group 


Ben Fant MBA JAX

Ben Fant

Legislative Update Tallahassee Capitol

The 2012 Legislative Session is just around the corner and legislative committees have been meeting on a regular basis since September. Session will start the second week of January to accomodate the Florida Constitution's requirement that the Legislature give itself two extra months of time address reapportionment of the legislative and congressional districts. The reapportionment/redistricting discussion will consume most of the Legislature's time, with the balance being spent on Florida's challenging budget issues. The latest economic forecasts are predicting  slower-than-expected growth over the next year, which translates into making budget cuts to education and health care programs.


On issues more directly related to lending, we are seeing an abundance of foreclosure bills being filed, some identical to last year's bills and some new. Additionally, the Senate Judiciary Committee is digging into the issue of non-judicial foreclosures - an issue that has come up the last two years but seems to have renewed interest by a number of the committee members. The Office of Financial Regulation is expected to propose legislation that will repeal unnecessary regulations and we are working with OFR to suggest some provisions that are overdue for repeal. We'll continue to update the membership with legislative news as bills are filed.


Eric D. Prutsman, Esq.

Prutsman & Associates, P.A.


Welcome New Members
Mortgage Banking Company Members
Carole Hendricks
Candy Edson
David Wakefield
Donny Griffin
Gary Burmeister
Michael Gayda
Kim Cole
Diana Dilallo
Veronica McNeil
Carolyn McMoran
Category II Associate Members
Gilbert Garcia Group P.A.
Michelle Garcia Gilbert

Brock & Scott PLLC
Jerry Lee Hanbery
Individual Member
Bradley Salzer

Login Portal

If you click the link above titled Login Portal it will take you to the area of the web site where you can access your membership information. The page will look like this.

 Log In Portal

Use your email address and password to access. Don't worry if you don't remember your password just follow the instructions under the Forgot your Password? You will be on your way in no time.

Those new members listed above can be found in this area, you can view what committees you are on, you can see what meetings you registered for, and if you haven't yet, you can register for an upcoming conference or convention! If you are a member currently in the database and need to pay your outstanding dues invoice, you can do that too!

We are always open to new ideas, so if there is something you would like to see please let us know.


"Ten Steps Toward The Dance of Better Communication"


Helpful hints in learning to communicate in relationships with co-workers, employers, friends and relatives from the Employee Assistance Program at Tallahassee Memorial Hospital.

Provided by Kristina Holmen Mohr, CMB



1. Move with the melody of honesty.

2. Keep humor and playfulness in your step.

3. Create balance; fully honor yourself and the other person.

4. Be open and observe amazing transformations.

5. Be courageous and shine your own light.

6. Be magnanimous and put the spotlight on your partner.

7. Speak from your heart and the dance will be most graceful.

8. Achieve great art:  listen carefully and well.

9. Celebrate change and the evolution of your dance.

10. Be clear and wise and focus on the rhythm of the dance.


Fall 2011
In This Issue
Presidents Message
Local Chapter News
Legislative Update
Welcome New Members
Login Portal
The Dance of Better Communication
2012 Eastern Secondary Market Conference
2011 Sponsors
Board of Directors and Local Chapters List
59th Annual Convention
Mortgage Action Alliance

2012 Eastern Secondary Market Conference

palms ritz smaller pic 

February 15-17, 2012

Ritz Carlton, Amelia Island


Registration is open now.

Register by December 1, 2011 to receive the best discount.


The final list of speakers will be announced next week but those below are confirmed as of today!


State of the Mortgage Industry and New Appraisal Documentation Requirements

Ted Tozer, President, Ginnie Mae

Robert Dozier, COO, FHLB Atlanta

(Fannie Mae and Freddie Mac speakers still to be confirmed!)


Industry Update

Mark Fogarty, National Mortgage News


QRM - Pros & Cons

David Lykken, Mortgage Banking Solutions


The Secondary Market and Avoiding the Land Mines

Corky Watts, CMB, Garrett Watts & Co.


Investor Acquisition in the Mortgage Marketplace

Tom Million, CFA, CMB, Capital Markets Cooperative, LLC


Housing & the Economy 2012

Speaker still to be confirmed!


What are people doing, where are they going, and what does the future hold?

Todd Hempstead , SVP, CMG Mortgage


Non-Performing Asset Disposition

Nitin Dave, Consultant

Pat Mansell, CMB, Coastal States Mortgage

Chris Rumbos, NPR Capital, LLC


Issues and Opportunities for Residential Mortgage Servicing Rights

Mark Garland, President of MountainView Servicing Group


Dodd-Frank. In Plain English.

Mitchel Kider, Chairman and Managing Partner, Weiner Brodsky Sidman Kider PC


Warehouse Lending

Ken Jones, Atlantic Coast Bank

Clifford Schultz, MetLife Bank


Registration forms and online access can be found by clicking the link below.

2012 Eastern Secondary Market Conference Information - Click Here 

Thank You 2011 Sponsors!



 MBA of Central Florida


Florida Housing 


Certified Credit Reporting



Lenders One

MetLife Home Loans


ServiceLink, FNF's National Lender Platform

United Lender Services

 Wells Fargo 




Genworth Mortgage Insurance



Gulf Coast MBA

 Kroll Factual Data

 MBA of Jacksonville

 MBA of South Florida

 MBA SW Florida

 MBA of Tampa Bay


Mortgage Guaranty Insurance Corp.


United Guaranty

2011-2012 Board of Directors



Michael Culbertson

JP Morgan Chase Bank, NA


President Elect

Daniel Harrison



Vice President

Alex Castellanos




Jay Ralstin


2nd Vice President

Erica Lolli

Stock Financial


Regional Governors Representative

Sandy Garcia

Terrace Mortgage


Immediate Past President

John Chludzenski

Mortgage Support Services



Kevin Strickland, SunTrust Mortgage

Tonya Mills, EverBank

Matthew Goldman, CRO, CMPS, FBC

Pauldie Howrigan, ServiceLink

Elaine Woods, SunTrust Mortgage

Nathaniel Bittman, SunTrust Mortgage

Pat Gaver, BB&T

Carmen Fenn Drake, CMB, Wells Fargo


Director Emeritus

Lifetime Term

(elected 2010) Georges Lussier, BB&T

(elected 2005) Margie Fletcher, BB&T

(elected 2006) Chuck Ivy, EverBank


Local Chapters

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



Brian Poling

MetLife Home Loans



Georges Lussier




Carole Hendricks




John Cosculluela



Nancy Merzweiler

Bank of America Home Loans



Allison Cartledge

Manausa Law Firm, P.A.



Sandy Garcia

Terrace Mortgage

Mark Your Calendars!

Riverside Hotel 

59th Annual Convention

June 20-21, 2012

The Riverside Hotel

Las Olas Blvd., Ft. Lauderdale


 We Secured Outstanding Convention Room Rates!


$108 Classic Standard


$125 Executive Tower

(only limited availabilty)


Click Here for Information to Make Your Room Reservation


MAA Logo

The Mortgage Action Alliance, Inc. (MAA) is a voluntary, non-partisan and free nationwide grassroots lobbying network of real estate finance industry professionals, affiliated with the Mortgage Bankers Association. MAA is dedicated to strengthening the industry's voice and lobbying power in Washington, DC and state capitals across America. Get involved with MAA to play an active role in how laws and regulations that affect the industry and consumers are created and carried out by lobbying and building relationships with policymakers. It only takes a moment to get started, and you do not have to be a member of MBA to enroll.

 Mortgage Action Alliance 
CMB Logo

CMB Society of Florida Report

By Tim D. Allen, CMB


The CMB Society of Florida meets twice during the year, one meeting at the Eastern Secondary Market Conference and another at the MBAF Annual Convention.


Some, but certainly not all, of the reasons for creating a CMB Society of the MBAF are listed below:

Create awareness of the purpose of the CMB designation and promote membership in the CMB society.

Provide more opportunity for prospective CMBs to learn what it means to be a CMB.

Provide mentors for CMB candidates.

Provide a networking opportunity for Florida CMBs to meet and exchange knowledge and ideas.

To educate ourselves to national and local issues affecting our industry in Florida.

To use our knowledge and experience to determine the best course of action to responsibly ensure the continuation and integrity of our industry at the state level.

To act when necessary to influence positive change.


This next CMB Society of Florida meeting will be held during the 2012 Eastern Secondary Market Conference - February 15-16-17 Ritz Carlton, Amelia Island, Florida


CMB Society of Florida Breakfast  - Thursday February 16, 2012 from  8:00 to 9:00 AM

Guest speaker: Corky Watts, CMB

C.M. Corky Watts, CMB, Principal, Garrett, Watts & Co.

Corky Watts, CMB has over 35 years in the mortgage banking industry with senior management positions in capital markets, production and operations. He has started and operated mortgage banking companies and has also worked in mortgage technology, developing one of the first mortgage web sites. He has written numerous articles, spoken at industry events and held leadership positions in the Mortgage Bankers Association and California Mortgage Bankers Association.


CMB Society of Florida Breakfast - Thursday June 21, 2012 - 7:45 - 9 AM


Guest Speaker: Tim Dale, CMB

Executive Vice President and Mortgage Lending Manager for Branch Banking and Trust Company (BB&T) where he is responsible for the overall direction and management of residential mortgage lending services at BB&T. His responsibilities include determining and implementing overall mortgage strategy; establishing mortgage policy processes and servicing; development and distribution of products; and ensuring acceptable growth, profitability, client service and portfolio quality. Tim has been with BB&T for over 30 years where he is a member of BB&T Executive Loan Policy Committee; Executive Asset/Liability Committee; CRA Oversight Committee, and Retail Marketing Council. He is past Chairman of the Mortgage Bankers Association Residential Board of Governors, a member of the MBA Board of Directors and a Certified Mortgage Banker. He also serves on the Executive Council of the Housing Policy Council of the Financial Services Roundtable. Tim obtained his undergraduate business degree at UNC - Chapel Hill and a MBA from East Carolina University.


Click Here for More Information on Obtaining Your CMB!


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


Brenda Thomas
Mortgage Bankers Association of Florida 

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