CENTRAL FLORIDA FAMB TRADESHOW IS A SELL OUT!!

To date we have sold over 150 booths. All licensed mortgage brokers from the Central Florida area have been invited to attend. If you haven't made plans, put this date on your calendar!

Friday, May 7, 2004 from 4:00 - 7:30 p.m.

CONTINUING EDUCATION PRIOR TO TRADESHOW

You probably know that continuing education is required of all licensed mortgage brokers, but did you know that if you are unlicensed and work for a correspondent lender or a mortgage lender you still must have 14 hours of continuing education by August 31 of this year?

Don't stay up late in front of a workbook while watching Leno! Take advantage of FAMB's quality courses and the expertise of FAMB Instructors. Get 7 hours of required education on May 7.

INDUSTRY AWARDS NOMINATIONS DEADLINE MAY 1

During the annual FAMB convention, the Association is honoring its lenders and affiliates. This is your opportunity to say "thank you" to the affiliates you work with on a constant basis. Nominees must be employed by a member of FAMB. You may recognize persons in the following categories:

• WHOLESALE UNDERWRITER OF THE YEAR - "A" paper & Sub Prime
• WHOLESALE REPRESENTATIVE OF THE YEAR - "A" paper & Sub prime
• WHOLESALE MANAGER OF THE YEAR; VENDOR SUPPORT PERSON OF THE YEAR
• VENDOR SALES REPRESENTATIVE OF THE YEAR
• TITLE COMPANY CLOSER OF THE YEAR
• PROCESSOR OF THE YEAR

CONGRESS HOLDS HEARING ON SUBPRIME LENDING

On March 30, two subcommittees of the House Financial Services Committee held a joint hearing titled "Subprime Lending: Defining the Market and its Customers".

Industry testimony was delivered by representatives from Countrywide, New Century, the MBA and the ABA. The consumer lobby was headed up by ACORN and a bevy of university scholars. Be aware that even though HUD has withdrawn the RESPA Rule we are not out of the woods yet. Learn More.

MEMBERSHIP

Help us to increase our membership and boost participation in upcoming events! If you or someone you know would like to become a member of the Central Florida Chapter, click here.

QUESTIONS?

For questions, suggestions, or comments regarding the Central Florida Chapter of FAMB or this newsletter, please email Kelly Guldi at newsletter@FAMBCentralFlorida.com.