NAMMBA

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Mortgage Rates Are Rising! What’s Next For Your Career Now?

With interest rates rising and layoffs beginning to impact realtor income and mortgage industry jobs, wouldn’t it be nice to have a trade organization behind your career or business? If there has ever been a time that this is important, that time is definitely right NOW!

It goes without saying that there is an overabundance of resources readily available to inform or enhance your individual career or for your business to prosper. But like anything, you have to take the time to nurture those opportunities like you would a child - each and every day and with the tender loving care, it deserves.

This means you will need to tap into the resources that only a nonprofit - like NAMMBA (National Association of Minority Mortgage Bankers of America) - can provide all from one, easy-to-access location - while also supporting a great mission:

  • Network in our thought leadership events to build critical business relationships, and stay at the top of your industry at all times.

  • Grow through learning and training.

  • Garner access to talent acquisition resources.

  • Obtain necessary insight into one of the only blossoming markets to build a strategy around and grow - even in a down market.

  • Generate sales and marketing collateral to tap into growing communities without missteps.

And NAMMBA does this at both the local and national levels. The point -> you need NAMMBA behind your career and business because THIS is what NAMMBA was built for!

Who Is NAMMBA And What Does It Do?

NAMMBA is the professional trade association for minority mortgage bankers, brokers, and real estate professionals - literally anyone and everyone in the real estate finance industry - regardless of gender, race, age, nationality, or ethnicity. Our organization takes a variety of actions to help those affiliated with us to grow their businesses and careers. These include hosting webinars, offering training and education opportunities, thought leadership initiatives, and networking opportunities. Being officially associated with NAMMBA gives you access to a wealth of resources that can help you build a flourishing business and advance your career.

The Bottom Line: NAMMBA helps everyone to be the change they want to see in the world.

Let’s briefly walk through each way NAMMBA will help…

The POWER Of Networking Events!

Those one-on-one, in-person relationships are what make businesses thrive. Networking is important but the flourishing relationship you can gain is essential to long-term business success. The best way to develop business relationships is to get involved with a trade organization. Trade organizations like NAMMBA offer instant career credibility just by being seen on the only scene that matters! Furthermore, they provide a forum for discussing critical issues facing your industry. You have the opportunity to meet your peers, talk with industry thought leaders, learn the latest trends, and develop new strategies and tactics to keep you at the forefront of developments in home lending and finance.

Networking is one of the most powerful tools that you can use to grow your career or business. Through networking, you can also gain access to resources (think people) when you most need them. Given the current market, this will prove to be a great move! NAMMBA’s networking is focused on both the local and national level, leaving no stone unturned.

The Bottom Line: You will be more valuable for having participated.

The Benefits Of Staying Abreast Of The Latest And Greatest Info.

Professional development is important as it helps you improve your skills, learn new skillsets, or take a deep dive into information such as real estate prediction trends, the future of real estate and mortgages, and home economic forecasts as three (3) examples. Furthermore, professional development can show your commitment to your chosen profession. NAMMBA offers a variety of professional development opportunities for its members. You can find out more on our Professional Development page that include individual - such as community lending officer program - or company-wide training options like our ASIL program for leaders in lending.

We also go a step further and deliver a weekly Are You REDI For This newsletter delivered to your email inbox with curated content from around the industry. Sign up - it’s FREE! Speaking of FREE, visit our Your Dose Of Smarter blog to read the latest industry article.

The Bottom Line: You will be smarter for having learned more today than you knew yesterday.

Our Family Is Your Family Now

Being affiliated with NAMMBA means you have access to the entire NAMMBA Family of Companies to further unlock or expand your performance!

Young Professional Talent Acquisition At Your Fingertips

In order to set the gold standard when it comes to incorporating Diversity, Equity, and Inclusion into your future-proof growth strategy, look no further than adding young professional talent eager to make their mark on the world. But you need to find them and strategically incorporate them throughout your organization to harness their young perceptions - those same perceptions that are your future clients. With NAMMBA Consulting, you have the access to find customized, scalable, and culturally relevant talent solutions.

The Bottom Line: We all need new talent to freshen our perspectives.

Even In A Down Market, You Have A Chance To Excel

Do you crunch your LMI data to know if you meet CRA requirements?

Our Accredited Social Impact Lender (ASIL) program guides companies and their key staff to better understand where they are now, where they want to be, and how they can use data and training to create a more inclusive and sustainable housing market to tap into the $300B underserved industry. And NAMMBA is there to advise and coach every step of the way. It’s real, creditable, and quantifiable LMI/CRA work that gets you noticed. With accreditation only available to 5% of all lending institutions, getting a coveted accreditation spot with NAMMBA is no small feat. But the sooner you begin, the sooner you qualify.

The Bottom Line: Leaving money on the table is NOT an option!

Multicultural Markets Can Be Finicky - Don’t Misstep!

If you reach out to the next generation of homebuyers then you are likely reaching out to people of color and women as up to 100% of growth the next two decades will come from those two groups. It’s a strategy worth taking note of if you want to excel.

With marketing strategies built to create lending pipelines out of impactful relationships, online and in person, the Cultural Outreach team will give you the DEI tools to grow your market footprint with millennials and tap the flourishing LMI borrowers group without pesky missteps.

The Bottom Line: Say it wrong, and all that work goes down the drain.

Conclusion

A difficult market exists at the moment for both individuals and businesses. There is an increase in unemployment and slowing revenue. There has never been a better time to have a trade organization that can help you do all we just discussed on board helping!

With over 30 local membership chapters across the country (and growing), as well as national and regional networking events, NAMMBA was created to support the careers of women and minorities with training, networking opportunities, and peer-to-peer support.

Our ecosystem is built for maximum inclusivity in the real estate finance industry:

  • Compliance Officers to Human Resources,

  • Operations personnel to Sales Teams

  • Marketing Personnel to C-Suite

  • Mortgage Company Branch Managers to Loan Officers,

  • Home Appraisers to Title Insurance Specialists

  • Realtors to Notaries

  • Loan Processors to Real Estate Brokers

  • Title Insurance Companies to Loan Closers/Attorneys

  • Community Banks to Large Banks

  • Independent Real Estate Brokers to Credit Unions

The Bottom Line: “Inclusivity” means everyone at NAMMBA. Now, let’s succeed together!