The FAMB Foundation was established in 1999 for the purpose
of providing charitable donations, funding education for the mortgage
professional and educating consumers throughout the State of Florida.
Today, the Foundation concentrates on funding consumer and professional
education. Working in conjunction with the FAMB School, the Foundation
oversees the FAMB Faculty and maintains the course curriculum.
CONSUMER AWARENESS:
FAMB offers consumer education throughout the year. The Foundation
participates in home shows and mortgage expos; providing consumers with
mortgage information and promoting the use of a FAMB member. In
2007, the Foundation participated in the H.O.P.E. expo in Tampa and the
HUD expo in Orlando.
MEMBER SERVICES:
We provide opportunities for our members to education consumers. The
Foundation consumer course Demystifying the Mortgage Process is
available
online in the member library section of our web. This members’ only
service is a PowerPoint presentation with notes for the instructor to
follow. The presentation educates the consumer on the mortgage
process from date of application through closing. A Spanish
version of the course is also available. Contact FAMB headquarters
or log onto www.famb.org as a member
and download the course from the library. Also included in
the library is an in-depth outline covering how to set up consumer seminars.
The Credit Scoring Course is also available. Any member who has completed FAMB’s four-hour credit scoring course may teach the one-hour NAMB consumer credit scoring course. Request a copy of the PowerPoint and the narrative for teaching the course by e-mailing Frank Cicione, Executive Director - frank@famb.org
FREE CHAPTER CLASSROOM EDUCATION:
The Foundation funds free chapter classroom education to the Florida Association
of Mortgage Brokers Professional, Originator and Affiliate members. These members
pay only for the cost of materials. Supporter members receive a 50% discount. Free
classroom education is also funded through voluntary contributions to the FAMB
Foundation and through an allocation of a portion of dues revenue received
by FAMB. A description of the FAMB School curriculum, faculty bios and
the classroom education schedule are also linked to the Foundation page located
at www.famb.org. Our calendar section
provides a monthly overview of classes offered by each chapter.
Thanks to our Foundation partners we were able to secure the funding required
to allow the Foundation to grow. This funding enabled the Foundation to expand
their instructor base, expand the course curriculum and improve the educational
experience for all industry professionals. Our charter members and current partners
are listed in this program book. We thank each and every contributor for their
support.
HISTORY OF THE FOUNDATION:
Our charity program started with the First Home Fantasy Contest. During
2000 the Foundation through its chapter affiliates placed five families in homes.
Our First Home Fantasy Contest winners received funds through the Foundation
for the down-payment on the purchase of their first-time residence. Donations
from the Gulf Coast Chapter, Gold Coast Chapter (Now Broward), Palm Beaches Chapter,
Southwest Chapter and Volusia Chapter helped make this program successful. Funds
for third party costs were paid by the Foundation and through donations from
those performing services.