F A M B M I A M I C H A P T E R
Mission Statement: The Florida Association of Mortgage Broker's mission is to advance the mortgage broker profession through advocacy, education, and ethical practice.
Annual Meeting June 25th
The Annual meeting of the Miami Chapter of the Florida Association of Mortgage Brokers will be held on
Thursday, June 25th, 2009
at Lakes Sports Bar & Grill located at 6125 Miami Lakes Drive, Miami Lakes, FL
The Meeting will start at 6:00 p.m.
Thursday, June 25th, 2009
at Lakes Sports Bar & Grill located at 6125 Miami Lakes Drive, Miami Lakes, FL
The Meeting will start at 6:00 p.m.
Meeting will also include:
FS494 Update - By: Gary Opper 6:00-7:00PM
Items to discuss:
-How do the new Florida Laws affect mortgage brokers and mortgage lenders
-How do I renew my current mortgage license?
-How do I qualify as a mortgage originator in 2010?
-What type of mortgage businesses and lenders will be legal in 2010?
-What happened to Correspondence Mortgage Lenders?
-What are requirement to be a mortgage originators in Florida?
-Why do all mortgage brokers need to retake the prelicensing hours again?
-Why do i have to retake the written mortgage broker's test?
-Why does the state need my credit report and fingerprints?
-How do the new Florida Laws affect mortgage brokers and mortgage lenders
-How do I renew my current mortgage license?
-How do I qualify as a mortgage originator in 2010?
-What type of mortgage businesses and lenders will be legal in 2010?
-What happened to Correspondence Mortgage Lenders?
-What are requirement to be a mortgage originators in Florida?
-Why do all mortgage brokers need to retake the prelicensing hours again?
-Why do i have to retake the written mortgage broker's test?
-Why does the state need my credit report and fingerprints?
Domino Tournament - 7:00-8:00PM
ADMISSION $20.00
(cash or check only at the door)
Includes (2) Free Drinks
and Hors D'ouevres
(cash or check only at the door)
Includes (2) Free Drinks
and Hors D'ouevres
POWER BREAKFAST SERIES
MEET AND GREET
MIAMI DADE COUNTY'S
FIRST ELECTED PROPERTY APPRAISER
PEDRO J. GARCIA
STATE REP. JULIO ROBAINA,
from DISTRICT 117 & CANDIDATE FOR STATE SENATE DISTRICT 36
JUAN CARLOS "JC" PLANAS
STATE REP. DISTRICT 115 & CANDIDATE FOR CIRCUIT COURT JUDGE
AND MANY MORE...
DATE: WEDNESDAY, JUNE 24TH, 2009
TIME: 8:30-10:30
COST: FREE*
VERSAILLES RESTAURANT
3555 SW 8 Street Miami, Fl 33135
Please RSVP by FRIDAY, JUNE 19TH
*FREE BREAKFAST LIMITED TO THE FIRST 30 RESERVATIONS,
For reservations please call 305-720-6217 or email miamichapter@famb.org
MIAMI DADE COUNTY'S
FIRST ELECTED PROPERTY APPRAISER
PEDRO J. GARCIA
STATE REP. JULIO ROBAINA,
from DISTRICT 117 & CANDIDATE FOR STATE SENATE DISTRICT 36
JUAN CARLOS "JC" PLANAS
STATE REP. DISTRICT 115 & CANDIDATE FOR CIRCUIT COURT JUDGE
AND MANY MORE...
DATE: WEDNESDAY, JUNE 24TH, 2009
TIME: 8:30-10:30
COST: FREE*
VERSAILLES RESTAURANT
3555 SW 8 Street Miami, Fl 33135
Please RSVP by FRIDAY, JUNE 19TH
*FREE BREAKFAST LIMITED TO THE FIRST 30 RESERVATIONS,
For reservations please call 305-720-6217 or email miamichapter@famb.org
Believe it or not!
- Weekly Editorial
from Mario Mujica your FAMB, Miami Chapter, Public Affairs Chairperson
As I have been saying for some time; slowly, but VERY surely the Real Estate market rollercoaster is at its next turning point. In spite of the fact that a lot of the general public will not listen, there are many indications that the rock bottom has been touched, at least for Single Family Homes. Condominiums on the other hand, seem to be condemned for a little longer as the banks simply are too skeptical about lending to these types of properties.
I am trying to reach out as much as I can to all local Media to help us help ourselves... Waiting for Federal Government assistance is just NOT ENOUGH. As some people getting this communication may think, "who cares", I must tell you EVERYONE SHOULD. The Real Estate Market affects
everyone, and it is a proven fact today. Moreover, I am sure you have heard that most experts agree that as soon as the housing market starts stabilizing things will also start getting better.
There are mortgage products and incentives coming out every day. Many potential home owners are not aware and still afraid of any move. Let's take initiative and start spreading out some GOOD NEWS, which are
really needed these days...
Related Article:
http://www.miamiherald.com/news/breaking-news/story/1077340.html
from Mario Mujica your FAMB, Miami Chapter, Public Affairs Chairperson
As I have been saying for some time; slowly, but VERY surely the Real Estate market rollercoaster is at its next turning point. In spite of the fact that a lot of the general public will not listen, there are many indications that the rock bottom has been touched, at least for Single Family Homes. Condominiums on the other hand, seem to be condemned for a little longer as the banks simply are too skeptical about lending to these types of properties.
I am trying to reach out as much as I can to all local Media to help us help ourselves... Waiting for Federal Government assistance is just NOT ENOUGH. As some people getting this communication may think, "who cares", I must tell you EVERYONE SHOULD. The Real Estate Market affects
everyone, and it is a proven fact today. Moreover, I am sure you have heard that most experts agree that as soon as the housing market starts stabilizing things will also start getting better.
There are mortgage products and incentives coming out every day. Many potential home owners are not aware and still afraid of any move. Let's take initiative and start spreading out some GOOD NEWS, which are
really needed these days...
Related Article:
http://www.miamiherald.com/news/breaking-news/story/1077340.html
FINDING TIME : The 5 D's
by Gary Opper
There are only so many hours in a day. You must decide what tasks are eco-nomically advantageous for you to per-form, what activities should be postponed, delegated to someone else or not done at all. I use the five “Ds”to decide what to do. The five D’s include:
• Destroy
• Don’t Do
• Delegate
• Delay
• Do
Time management is an integral aspectin maintaining a successful business.Time means money,therefore,it is not beneficial toattempt to do everything yourself or even toattempt to do everything at all.
Click Here to view Complete Article
• Destroy
• Don’t Do
• Delegate
• Delay
• Do
Time management is an integral aspectin maintaining a successful business.Time means money,therefore,it is not beneficial toattempt to do everything yourself or even toattempt to do everything at all.
Click Here to view Complete Article
Welcome New Members
May 2009
Lucille Benitez; Peter Benitez; Aimee Callahan; Kethe Cicconi; Marlene de Cespedes; Moises Dominguez; Ernesto Estevan; Maria Del Carmen Lao; Fernando Leal; Juan A. Rodriguez; Alejandro Toledo; Martin G. Torrentes; Sharon Wilson; Juan Jose Zambrano
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New Mortgage Licensing Legislation
Florida's legislature passed legislation affecting Mortgage Loan Originators and mortgage lending. The most significant of these is SB 2226, an almost complete rewrite of the current law outlining the duties and responsibilities of Loan Originators. There are several controversial portions of SB 2226:
• It gives Florida mortgage regulators the right the request a copy of each mortgage licensee's Credit Report and use it as a possible reason for denial of issuing or reissuing a Loan Originator license.
• It makes each mortgage licensee's ... yours and my ... credit report an open part of Florida's public records available for all to see.
• It increases the amount of equity required for a Correspondent Lender to obtain or retain their correspondent lending license.
• It mandates state licensing and annual license renewal for all Loan Originators currently working for Mortgage Brokerage Businesses, Mortgage Lenders, and Correspondent Lenders.
• It mandates state licensing and annual license renewal for Loan Processors who currently work for Mortgage Brokerage Businesses, Mortgage Lenders and Correspondent Lenders.
• It gives Florida mortgage regulators the right the request a copy of each mortgage licensee's Credit Report and use it as a possible reason for denial of issuing or reissuing a Loan Originator license.
• It makes each mortgage licensee's ... yours and my ... credit report an open part of Florida's public records available for all to see.
• It increases the amount of equity required for a Correspondent Lender to obtain or retain their correspondent lending license.
• It mandates state licensing and annual license renewal for all Loan Originators currently working for Mortgage Brokerage Businesses, Mortgage Lenders, and Correspondent Lenders.
• It mandates state licensing and annual license renewal for Loan Processors who currently work for Mortgage Brokerage Businesses, Mortgage Lenders and Correspondent Lenders.