On August 23, 2023, the National Association of Mortgage Brokers commemorates a half-century uniting mortgage brokers, loan officers, and their associates & colleagues to elevate the industry.

NAMB promotes the highest degree of professionalism & ethical standards for its members, and offers them advocacy, education, networking & benefits year-round.

Scroll down to travel NAMB's 50-year timeline!



The Early Years


NAMB is founded by the Florida Association of Mortgage Brokers (FAMB)


Holds first national convention in Atlanta, GA


Begins the push for state involvement & nationalization


Successfully carries a recommendation to Capitol Hill when the state of Ohio was going to make it illegal to pay mortgage brokers


Merges with AIMB and SMC, two competing mortgage associations

The Nineties


Hires first Capitol lobbyist


Advocates for the industry regarding HUD’s ruling that brokers must disclose Yield Spread Premium (YSP)


Affiliates with state associations including California, Florida & Ohio


Helps defeat Rep. Joe Kennedy’s bill which would have capped every loan at 43% DTI


Elects first female president Patty McGill & officially establishes Washington, DC as NAMB HQ


Establishes Delegate Council, a body that represents state interests

Y2K and the Aughts


Under President Joe Falk, starts the process of creating a regulatory structure around the “profession” of being a mortgage loan officer, which ultimately passed as part of the SAFE Act in 2008


President A.W. Pickel testifies before Congress on FACTA & Subprime Lending

NAMB advocates for the term “Service Release Premium” to be renamed “Yield Spread Premium” so brokers could continue receiving these payments


NAMB becomes self-managed under President AW Pickel

As part of President Bob Armbruster’s presidency, NAMB fights for the industry to delay RESPA changes regarding the disclosure of Yield Spread Premium to consumers


Becomes involved in the Distributive Education Clubs of America (DECA), donating over $100,000 to its national & state affiliates

NAMB provides relief to Hurricane Katrina victims & NAMB members through monetary donations & the delivery of water, diapers & formula to New Orleans

President Jim Nabors appears on the Today show to discuss 50-year mortgages & NAMB’s position that it was not in the best interest of homeowners who planned to stay in their homes for more than 3 years


President Jim Nabors’ presidency succeeds in getting the Department of Labor to state that MLOs were considered outside sales and not subject to minimum wage & overtime

NAMB testifies in front of the US House on Predatory Lending

Launches the Lending Integrity Seal of Approval (LISA)


HUD had set up hearings nationwide to discuss revisions to the Good Faith Estimate; NAMB galvanized 12 members to testify throughout the country

Under Co-Chairs Eric Parker and Ed Smith, NAMB Diversity Committee holds Diversity Conferences in Dallas & St. Louis


Establishes new education courses & programs including the General Mortgage Associate (GMA)

Testifies before the U.S. House of Reps on FHA

Testifies before the Senate on nontraditional products, the subprime market & foreclosure issues

Testifies before the Federal Reserve Board on the Home Ownership and Equity Protection Act (HOEPA)

Publishes the association’s regulatory agenda as a reference for the 101st Congress


Originates the Model State Initiative which becomes part of the SAFE Act

President George Hanzimanolis appears on CNBC to discuss the mortgage meltdown

Opposes the HVCC adoption which prevented originators from ordering appraisals

NAMB begins 2 years of fighting for LOs & the industry regarding numerous rules including Dodd-Frank, Ability to Repay, Loan Originator Compensation & Appraiser Independence

Through its Education Committee, NAMB provides information to its affiliated states to help them establish pre-licensing courses during the transition into NMLS state-licensed loan originators, which required testing

NAMB & NAHREP sign a Memorandum of Understanding agreeing to participate in each other’s events as well as to work together on legislative issues

NAMB Since 2011


Expands its reach into social media with Twitter, LinkedIn & Facebook


Establishes NAMB +, _a subsidiary focused on establishing relationships with companies to provide discounts & benefits to NAMB members


Creates NAMB’s Diversity Committee which is charged with bringing minorities & younger people into the business

Creates NAMB’s Legislative Action Fund, allowing businesses to donate for legislative activity

Works with Rep. Bill Posey (R-FL) on the introduction of HR 3393, the Mortgage Fairness Act of 2015, which would remove loan originator compensation from the points & fees cap under the Qualified Mortgage Rule

Establishes a new conference, NAMB East (now known as NAMB Focus)


Complete rebranding including a new logo


NAMB successfully champions flood insurance reform with Rep. Maxine Waters (D-CA)


Creates the Certified Veterans Lending Specialist (CVLS) certification


Launches NAMB All-In, a loan origination software system in coordination with Calyx Software

Expands NAMB certifications to include CCS (Certified Credit Specialist)


Works with Rep. Lacy Clay (D-MO) on H.R. 5720, to amend the Fair Credit Reporting to prohibit the sale of trigger leads

Pushes several Calls to Action regarding FHFA’s implementation of an advance refinance fee & amendments to the CARES Act regarding student loan deferrals & loan purchasing by the GSEs


Supports the passage of H.R. 5, Equality Act, which prohibited discrimination based on sex, sexual orientation & gender identity in housing & credit

Publishes digital magazine NAMBCentral


NAMB provides its affiliated states with the opportunity to participate in Freddie Mac’s CreditSmart training program

Founds Inspire, a Women’s Mentoring Group

Elects its first African-American president, Ernest Jones, Jr.


Launches the Certified Reverse Mortgage Specialist (CREV) certification with sponsor Liberty Reverse

Through sponsor Freedom Mortgage, NAMB establishes the Certified FHA Mortgage Professional (CFMP) certification

Applies the pressure of more than 25,000 mortgage broker signatures in support of H.R. 2656, introduced by Rep. Ritchie Torres (D-NY), to amend the Fair Credit Reporting Act to prohibit the creation & sale of trigger leads

Partners with the International Mortgage Brokers Foundation (IMBF) to begin a global mortgage conversation