John Cosculluela, CMB 

jcosculluela@americanbancshares.com

Carole Hendricks

PrimeLending

chendricks@primelending.com

Jamie A. Thornton

jthornton@cdmtg.com   

Dana Cummins

BB&T

dcummins@bbandt.com

Associate Director

Dena Howrigan

United Guaranty

dena.howrigan@ugcorp.com

Director Emeritus

Margie Fletcher (elected 2005)

margief43@hotmail.com  

Chuck Ivy (elected 2006)

EverBank

chuck.ivy@everbank.com 

Georges Lussier (elected 2010)

BB&T

Financial Institution Members

 Academy Mortgage Corporation

Acopia Home Loans

Affiliated Mortgage

Ameris Bank  

Angel Oak Funding

Bank of America

BMO Harris Bank

BB&T  

Capital City Bank

Centennial Bank

Churchill Stateside Group, LLC 

Community Bank

CTC Mortgage LLC

Deephaven Mortgage

Embrace HomeLoans

Farm Credit of NW Florida

First Commerce Credit Union

Florida Capital Bank

Florida Housing Finance Corp.

Group One Mortgage

Hamilton Group Funding

Hancock Bank

K. Hovnanian American Mortgage
Liberty Home Equity
PrimeLending 

Regions Mortgage

Sierra Pacific

SunTrust Mortgage

The Mortgage Firm

Thomas Mortgage & Financial Services 

Towne Mortgage Company

VyStar Credit Union

Wells Fargo

Associate Members

Attorneys' Title Insurance Fund, Inc.

CoreLogic

Ditio 

Essent Guaranty

Interthinx, Inc.

Mortgage Guaranty Insurance Corp. 

National MI

Navigator Lending Solutions 

Radian

ServiceLink

Southern Title Holding Company

The StoneHill Group 

United Guaranty

ValueAmerica

Local Chapters

Gulf Coast MBA

MBA of Central Florida

MBA of Jacksonville 

MBA of South Florida

MBA of SW Florida

MBA of Tallahassee 

MBA of Tampa Bay

Individual Members

Jane Ashley

Michael Azzarello, CMB

William Cannova 

John Chludzenski

John Cosculluela, CMB 

Matthew Goldman, CLO

Julie Sneed

Alan Verch, CMB 

New Members Interested in Joining Click Here 

Dodd-Frank is implementing a new rule under RESPA and Truth-in-Lending.

Under RESPA, the lender is now required to issue a disclosure to all applicants within 3 business days of the RESPA application date with a current (within the previous 30 days from application) list of HUD or CFPB approved Homeownership Counselors.

If the loan is a high cost loan or the applicant is a first time homebuyer and the loan has negative amortization, the lender must verify the applicant completed homeownership counseling before the loan is closed.

Counseling must occur after initial disclosures (including the GFE and TIL) are issued and cannot be provided by a counselor who is employed by or an affiliate of the lender. The lender also may not steer the applicant toward a particular counselor.

The lender may pay for the counseling on behalf of the applicant but is prohibited from requiring the payment of fees upon closing of the loan or, if the consumer withdraws their application, upon receipt of certification.  The lender may, however, confirm that a counselor provided counseling prior to paying the fee.

The CMB Society of Florida is beginning a new year coinciding with the MBA of Florida's fiscal year, July 2013 through June 2014.  As chairperson again this year, I am reaching out to you as CMB's either residing in Florida or doing business in the state of Florida.  I wanted to take a few minutes of your time to congratulate you on your successes and encourage your continued participation within our CMB Society through written and oral communication to keep our CMB Society of Florida strong and informed.

One way of participating is through the CMB Society of Florida LinkedIn Group. If you have not already done so, please join our "CMB Society of Florida" LinkedIn Group and actively post comments or articles of interest. We welcome your comments and interaction either through LinkedIn or directly. Last year we organized to provide some feedback to the National CMB Society about Continuing Education requirements for CMB's. Although CE is not yet finalized, the program seems to make sense for the majority of CMB's partly as a result of your interest and feedback. I will do my best to keep you informed of any further action in that regard or other topics that will be of interest to us.

Finally, allow me to solicit some help to identify all CMB's in our group. Please review link here:

CMB's in Florida and email me (mazzarello@ephmc.com) with others not listed or missing contact information. I thank you for your dedication to our industry and look forward to open communication with each other going forward!

Best regards,

Michael Azzarello, CMB

Chair, CMB Society of Florida

June 18-19, 2014

Some of you had the pleasure of knowing my father and if you knew him you understood his view on life. He had a saying when you asked him how he was doing he would say "Encantado de La Vida" translated into English it meant "Enchanted with Life". He believed that while life may not be fair it was up to us to make the best of it and he also believed we should view life through the paradigm of Abundance.

A few weeks ago I had the pleasure of going on an Elk hunting trip with a good friend of mine, Eric Ellwood. We drove from Florida to Cimarron, New Mexico, the trip took us through Florida, Alabama, Mississippi, Louisiana, Texas and New Mexico. As we drove I was observing the natural beauty of our country along with the immense amount of opportunity and commerce that is around us. We live in a great country but for those that reside or work in Florida we are extremely fortunate. Florida is so rich in resources, beauty and economic opportunity.  

Over the last few months the mortgage industry has experienced great change. Pipelines that had been busting at the seams dwindle as interest rates increase. Companies had gone on hiring binges and now are faced with layoffs. If you read the headlines you would think our world was imploding and QM has not yet even taken effect.  

While many of the changes that are challenging for the consumer, our industry and our country, there is an abundance of overreaction, by our elected officials, regulators and the media as well. It is our duty as citizens of this country and stewards of our industry to make our collective voice heard and educate our elected officials and fellow citizens to take action. It takes all of us to oversee our industry, educate those around us and do the right thing all the time. Our members adhere to strong ethics and sound business practices as evident with our over sixty year history.  

During our 60th Annual Convention this past June, we discussed my theme for the year; Adapt to Achieve. Now more than ever I am confident we will adapt and we will achieve. Sometimes we just need to step back, look at what's around and not read the paper. We live in a prosperous country, full of great people; this country is ripe with opportunity for those that willing to work for it. For those in the real estate industry, we have one of the largest generations in history reaching the prime home buying age, so let's all focus on what we have, how we can make 2014 the best year ever for our industry. Think in the mindset of abundance not scarcity, live your life as my dad has, Enchanted.

Alex Castellanos

President, MBA of Florida 

The MBA of Florida has seven chapters around the state:

Tallahassee

Jacksonville

Central Florida

Tampa Bay

Gulf Coast

SW Florida

South Florida

Each chapter has it's own local activities and meetings throughout the year. Each has it's own charity or charities they support. Not only are they actively engaging in education and networking they also support the communities where they live. Many of the chapters are just having their planning meeting and gearing up their calendars for the year. We will have more information posted online soon so check back in the next couple of weeks. The calendar link is below. In the meantime here are some items of interest presented by a couple of our chapters.

MBA of South Florida crew getting ready for their first yearly meeting! 

MBA of Jacksonville 

The chapter held a very successful and fun golf tournament on October 11th with 109 players and 28 sponsors raising $1,580 to donate to the Wounded Warrior Project.

MBA of Jacksonville, do we dare ask?

Amazing day for golf and look at all the sponsor tents. Great job Jacksonville! 

Each chapter is so very active and enjoys the benefit of monthly meetings for greater networking opportunities on a localize level.

Check them out at Click Here and then Click the Chapter Links