SAVE THE DATE...
Don’t Get Left At The Station!
Stay On Track With The FAMP At Our
2012 Convention And Trade Show
At The Grand Hyatt Tampa Bay
July 11th through 14th, 2012
Mark Your Calendar Now
~Exhibitors - Click Here For Early
Bird Registration~
Still The Best Deal In The Industry
FAMP's $97 Membership Rate Continues...
Click On The Membership Tab Above
February 2012 FAMP "Rally in Tally" and Board of Directors Meeting
Register | View Schedule
Office of Financial Regulation Commissioner, J. Thomas Cardwell, Met With Association Leadership at This Year's State Convention
Click here to read the Commissioner's Letter to the Association
Important Announcement from Florida's Office of Financial Registration
Click here to view.
Federal Reserve Final Rule
Click here to view.
NMLS Information
Need Help? Click here.
Dept. of HUD Mortgage Broker Approval Rule Issued
The Department of Housing and Urban Development has issued its final rule that eliminates the Federal Housing Administration's approval process for mortgage brokers starting Jan. 1, 2011.
This final rule adopts changes pertaining to the approval of mortgage lenders by the Federal Housing Administration (FHA), as proposed in a November 30, 2009 rule, that are designed to strengthen FHA by improving its management of risk. As proposed in the November 30, 2009, rule, this final rule increases the net worth requirement for FHA-approved mortgagees. The increase, the first since 1993, is adopted to ensure that FHA-approved mortgagees are sufficiently capitalized for the financial transactions.
Click here to read the December 22, 2010 Update
Have Questions About the Changes To
Florida's License Law?
Click Here For the OFR's New Q&A Page
Or
Follow This Link To the OFR's Website - http://www.flofr.com/Finance/
Need Help With the New RESPA Rules?
Click Here For HUD's Real Estate Settlement Procedures Act Home Page
2011 FS494 and Rules 69V-40
Click Here For The 2011 FS494
Click Here For The 2011 Chapter 69V-40 Mortgage Brokerage Rules
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Mission Statement: The Florida Association of Mortgage Professionals’ mission is to advance the mortgage profession through advocacy, education and ethical practice.
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