2010 Award Sponsors

The NMBA 2010 Play Day Golf tournament will take place September 2, at the Hermitage Golf Course in Hermitage, Tennessee. Come enjoy 18 holes of golf, food, drink, networking, and opportunities for prizes. Check-in and lunch will begin at noon, and the four-person scramble will begin with a shotgun start at 1:00 pm. Dinner will follow with the awards presentation and door prizes.

Are you looking to increase your company's visibility? Then support the NMBA by becoming a Play Day sponsor! More information about sponsorships can be found on the Play Day Registration form (click here to download) or by contating Natalie at (615) 599-5599.

Take action and tell your legislators to ensure that the final regulatory reform bill:

• Maintains the bipartisan Landrieu-Isakson-Hagan amendment that would create a class of qualified residential mortgages that would be exempt from the bill's five percent risk retention requirement, as well as the Crapo amendment that requires regulators to consider alternative forms of risk retention for commercial mortgage-backed securities;
• Includes language that would provide legal certainty by establishing a clear safe harbor for qualified (lower risk) mortgages, which would be defined in a rulemaking that involves all banking agencies and not just the Federal Reserve; and,
• Maintains the current firewall between mortgage originators and the ordering of appraisals.

The Mortgage Bankers Association (MBA) has detailed these and additional industry concerns in a letter sent to House and Senate negotiators, which you may read by clicking here.

Click here to take action online now. This link will take you to the MAA homepage. Click the TAKE ACTION button. If you don't have, or have forgotten, your username and password, click on the "forgot password" link to get started.

MAA describes itself as the premier grassroots lobbying organization of the real estate finance industry. The mission of the MAA is to further build a network of individuals dedicated to strengthening the industry's voice and lobbying power in Washington, DC and state capitals.

Please direct comments or questions to wkooper@mortgagebankers.org.

Please review this document (click here for PDF) detailing the requirements and contact information if you have any questions.

There are serious consequences for companies and the individual loan originators, if they continue to operate after July 30th without a license. We do not want to see any Loan Originator or company left behind and not able to work.

The U.S. House of Representatives will vote this week on key MBA-supported legislation, H.R. 5072, the FHA Reform Act of 2010.

This bipartisan legislation, which was introduced by Representatives Maxine Waters (D-CA), Shelley Moore Capito (R-WV), and Financial Services Committee Chairman Barney Frank (D-MA), would allow Federal Housing Administration (FHA) to raise its annual mortgage insurance premium from 0.55 percent to 1.55 percent, create a permanent position of Deputy Assistant Secretary for Risk Management and Regulatory Affairs at FHA, apply indemnification provisions to all Direct Endorsement (DE) lenders, and permit FHA to suspend a lender nationwide on the basis of the performance of one of its regional branches. Although we support the bill, we emphasize the importance of having the policies administered in a fair and transparent manner that allows adequate opportunity for lender appeal.

In addition, there is a possibility that an amendment will be offered to increase FHA's downpayment requirement. This will disproportionately impact low-income families who have traditionally benefited from the opportunities that fully-documented, standard FHA loans offer. Take action to oppose this potential amendment to the bill.

Click here to take action online through the MMA website now.

MAA describes itself as the premier grassroots lobbying organization of the real estate finance industry. The mission of the MAA is to further build a network of individuals dedicated to strengthening the industry's voice and lobbying power in Washington, DC and state capitals.

Please direct comments or questions to wkooper@mortgagebankers.org.

The Senate Banking Committee has passed S. 3217 for comprehensive financial regulatory reform legislation. The full Senate is preparing to consider this legislation. While MAA and MBA support workable, effective reform of regulatory oversight of financial services, this bill's flaws — especially its risk retention provisions — would harm consumers by severely curtailing residential, commercial and residential lending. MAA recommends that we take action now to tell senators to consider the industry's concerns with this legislation.

Click here to take action online now. This link will take you to the MAA homepage. Click the TAKE ACTION button. If you don't have, or have forgotten, your username and password, click on the "forgot password" link to get started.

MAA describes itself as the premier grassroots lobbying organization of the real estate finance industry. The mission of the MAA is to further build a network of individuals dedicated to strengthening the industry's voice and lobbying power in Washington, DC and state capitals.

Please direct comments or questions to wkooper@mortgagebankers.org.

This information is provided by Martha Gentry, Legislative Coordinator for TnMBA.

Please feel free to provide your feedback on any of the bills. Your comments are shared with the Legislative Committee to support the interests of the industry.

Send your comments, questions, and concerns to one of the following representatives serving on the Committee:

• Scott Ractliffe, Scott.Ractliffe@pnfp.com
• Jim Tew, jetew@aol.com

For full details, click here to download the entire report in PDF format.

This information is provided by Martha Gentry, Legislative Coordinator for TnMBA.

Please feel free to provide your feedback on any of the bills. Your comments are shared with the Legislative Committee to support the interests of the industry.

Send your comments, questions, and concerns to one of the following representatives serving on the Committee:

• Scott Ractliffe, Scott.Ractliffe@pnfp.com
• Jim Tew, jetew@aol.com

For full details, click here to download the entire report in PDF format.

This information is provided by Martha Gentry, Legislative Coordinator for TnMBA.

Please feel free to provide your feedback on any of the bills. Your comments are shared with the Legislative Committee to support the interests of the industry.

Send your comments, questions, and concerns to one of the following representatives serving on the Committee:

• Scott Ractliffe, Scott.Ractliffe@pnfp.com
• Jim Tew, jetew@aol.com

For full details, click here to download the entire report in PDF format.

The information is provided by Martha Gentry, Legislative Coordinator for TnMBA. Feedback and comments on any of the bills may be directed to the Legislative Committee by contacting Scott Ractliffe (Scott.Ractliffe@pnfp.com) or Jim Tew (jetew@aol.com).

Some of the bills highlighted in the report include:

• SB 0036 / HB 0369 - Delaying of foreclosure proceedings and eviction of tenant
• SB 0186 / HB 0235 - Creditors to meet with debtors to avoid foreclosure
• SB 0711 / HB 0008 - Fee charged for pay-off statement provided to borrower
• SB 0749 / HB 1926 - Requirements for lenders of high-cost home loans
• SB 1425 / HB 1712 - Commissioner of financial institutions - annual report
• SB 2877 / HB 2919 - Judicial or trust sales of land: advertisement requirements
• SB 3197 / HB 3771 - Unlawful gratuity or compensation by bank officer
• SB 3203 / HB 3203 - Bankruptcy - personal property exemption
• SB 3223 / HB 3179 - Mandatory mediation required prior to foreclosure
• SB 3368 / HB 3706 - Written explanation regarding fees
• SB 3388 / HB 3593 - Loans protected under TN Home Loan Protection Act of 2006
• SB 3519 / HB 3588 - Legal notice of foreclosure

For full details, click here to download the entire report in PDF format.

Partners may choose from Gold, Silver, Bronze, or Affiliate Partnership levels. For a limited time, sponsors may also choose Diamond, Platinum, or Gold sponsorship for the 2010 Awards of Excellence event in February.

Reservations may be submitted online at www.nashvillemba.org/sponsor (click here).

For more information, or to apply by mail or fax, the 2010 Sponsorship Brochure PDF may be downloaded by clicking here.