Monthly Committee Report

What Does NAMB Do?

THE LATEST INITIATIVES FROM NAMB’S COMMITTEES

NAMB operates via many moving parts – specifically a small but mighty staff and more than 20 committee and subcommittees. Part of what NAMBCentral can offer is insight into what these 2022-2023 committees intend to accomplish this year.

At last week’s Government Affairs meeting, the NAMBPAC subcommittee weighed in with inprogress initiatives.

NAMBPAC is NAMB’s voluntary, non-partisan Politi-

cal Action Committee (PAC). This is the only Political Action Committee that represents mortgage brokers’ interests on Capitol Hill. NAMBPAC represents the mortgage broker industry’s voice in the halls of Congress.

NAMBPAC raises money to elect and re-elect candidates that have clear understanding of the topics tthat are at the forefront of the mortgage broker industry and who support our initiatives. NAMBPAC’s primary function is to support those candidates whose voting record and vision reflect the interests of our industry. NAMBPAC promotes member companies and their employees to participate in the campaign process ensuring that we have friends and allies in Congress.

When you contribute to NAMBPAC you are helping your business and therefore the mortgage broker

industry. NAMB members are able to build a united voice on Capitol Hill and provide a key role in the campaign process by contributing funds to support candidates who share the same view points and outlook for our industry.

By sending messages to candidates and elected leaders, NAMBPAC provides pivotal information that helps the decision makers on Capitol Hill know and understand the issues affecting the mortgage broker industry. Scan the NAMBPAC QR code on page 8, or visit namb.org/NAMBPAC for more.

At the meeting, PAC committee chair Mike Farrell announced the grand opening of the NAMBPAC Lounge at this year’s Focus conference in January, as well as the new $99 Club, a top tier level for monthly contributors.

The lounge is exclusive to NAMBPAC contributors, who will enjoy bourbon & margarita tastings, cigars and a professional roller from CF Dominicana, and more. It will become a fixture at our annual events. Contributors, grab your entry ticket at registration!

Not a contributor yet? For $99, you become a literal part of our representation in DC and you’ll gain VIP access to this exclusive party spot!

Thanks to our newest Technology Sponsor Card-

Tapp, NAMB is available at your fingertips 24-7. More than simply a “digital business card app,” the NAMB app allows users to interact with the resources and tools that are relevant to them.

Members can renew their membership, update their profiles, search the member directory, register for events, even contribute to NAMBPAC, through the app. It’s also a convenient way to share the benefits of membership with your own network.

Early and FREE registration for events such as #NAMBFocus2023 is easy through the app too. To

download, text “NAMBAPP” to 36260!

“Financial stability first, then education on home ownership – mortgage, maintenance & pride of ownership."

WILL WE SEE YOU AT THE NAMBPAC LOUNGE IN JANUARY?

Stay tuned in coming months for reports from our

other committees. The VA Committee, chaired by Jeff Wilson, is working on closing the gap between Gold Star and surviving spouse benefits. And the FHA Committee, chaired by Ray Edwards, continues to work with our lobbyists, the WIlliams Group, to build relationships on the Hill. NC