Mission Statement: The Florida Association of Mortgage Professionals’ mission is to advance the mortgage profession through advocacy, education and ethical practice. 

NMLS Update...Florida Transition Plan

Over the last two years, the Florida Office of Financial Regulation has developed and implemented tougher licensing requirements for the mortgage industry to set higher professional standards for practitioners and better protect Florida’s consumers. As required and authorized by federal and state law, the Florida Office of Financial Regulation will now raise the bar even higher for anyone wanting to work in the mortgage industry.
Read More >>

Do You Have Questions About The New NMLS License Requirements?
Follow These Links For Help..

Click here to visit the NMLS Homepage.

In order for you to get credit for NMLS pre-licensure courses you must have a unique identifier number from NMLS.
 
Click here for the NMLS Quick Guide to obtaining your NMLS Unique Identifier Number.

Do you want to schedule the national portion of your test before Florida is officially on the NMLS System?
Click here for easy instructions to register for the test.

Have questions for the Regulator?
Click here for the OFR's FAQ Page.
 
Click Here for (Opinion-Editorial items with links to OFR Press Release, Fact Sheet, and Backgrounder)

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 rule in it's entirety...
 


NATIONAL EXAM TEST PREP

The Florida Association of Mortgage Professionals (FAMP) and OnlineEd have joined forces to help you get the help you need. The OnlineEd S.A.F.E. Act Test Prep Course that normally costs $199 is being offered by a special arrangement to both FAMP members and non-members at remarkable reduced prices.  Only $139 for FAMP members and only $169 for non-members. OnLineEd’s S.A.F.E. Act Test Prep Course will prepare you for the federal portion of the SAFE Act exam. This study guide will teach you the key components of the federal exam and the topics you need to know in order to pass the federal exam.

Have Questions About the NMLS?

Click Here to Access the NMLS FAQ page.

 

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

 Red Flag Rule Release Delayed Until June 1, 2010.

Click here for for information...

 

 NMLS - IMPORTANT NOTICE

In order for you to get credit for NMLS pre-licensure courses you must have a unique identifier number from NMLS. 

Click here for the NMLS Quick Guide to obtaining your NMLS Unique Identifier Number.
 

The 2009 FS494 Is Here!

Click Here For The 2009 FS494
Click Here For The FAMB's 494 Timeline


Want To Help The Only Association Working For You?
Member or Non-Member... 
We Need Your Support.
Click Here For The FAMB/FAMP Contribution Form...


 
Email Newsletter icon, E-mail Newsletter icon, Email List icon,
    E-mail List icon Sign up for our Email Mailings
For Email Marketing you can trust


 

Florida Association of Mortgage Professionals • 1292 Cedar Center Drive • Tallahassee, FL 32301
Phone (850) 942-6411 • Fax (850) 942-4654