Important Mortgage License Information

The Georgia Residential Mortgage Act was amended on July 1, 2009 to provide for loan originator licensing, as required by the Federal Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (S.A.F.E.). S.A.F.E. requires that all loan originators be either licensed or registered through the Nationwide Mortgage Licensing System (NMLS) by March 31, 2010.
Get all the information you need to be in compliance here »
Discount SAFE ACT courses for GAMB members here »

Association News

GAMB Membership is Worth More Than Ever!

Whether your interest lies in fraternizing with others who share your profession, having greater access to industry information, building your business network, being recognized for your achievements, or fighting for a cause to further the interests of your industry and strengthening the voice of the mortgage professional, you will be a welcome member of the Georgia Association of Mortgage Brokers. GAMB is now under new management and we have reduced our annual membership fees.
$99 Associate Special thru March 31st  Associate $199
There has never been a better time to join GAMB!

3-Day SAFE ACT Training

GAMB members can receive a discounted rate for the - 3 Day SAFE ACT Training. All classes are being held at the Capstone Institute of Mortgage Finance.

Simply, sign up through the GAMB website to take advantage of the full discount »
GAMB members - $285 early, $305 late
Non-members - $305 early, $325 late

Plus, discounts for the on-line training for the NMLS Georgia TEST with manual and testing. Only $45 for Feb. 15th registrations only.
Keep Reading

Congratulations to the 2009 GAMB Award Recipients

Each year, the GAMB membership nominates and votes to recognize a few of its most outstanding members by presenting Broker, Affiliate and Volunteer of the Year Awards to individuals who exemplify the finest standards and accomplishments. The awards criteria places an emphasis on the following standards: ethics and integrity; responsiveness to customers; enthusiasm; industry education; and volunteerism to the association, the mortgage industry and the community. The winners for 2009 meet and exceed these criteria to the fullest. Congratulations to all »

Join Us for the Next Lunch & Learn:
Thursday, February 11

Our next meeting will take place on Thursday, February 11th at the Atlanta REALTORS® Center, with registration and lunch beginning at 11:30 am. At noon, our Lunch & Learn program, "CRM Nirvana - Where Social Media and Client Retention Intersect" will begin, featuring Mark Green of Top of Mind Networks. This Lunch & Learn costs only $25 for members and $35 for non-members.
Register Now »

About the Program...
In Gary Keller's groundbreaking book "The Millionaire Real Estate Agent," he endorses a "33-Touch" approach to database management. Join Top of Mind Networks' Mark Green as he shares strategies for integrating Facebook, Twitter and Mortgage Blogging into your existing media mix.

Sign Up for a 2010 GAMB Committee

We are accepting volunteers on all GAMB Committees. This is a great way to get involved, meet new friends and help your industry. Many opportunities are available. More information »

National News

FHA Announces Policy Changes to Address Risk

On January 20th, the Federal Housing Administration (FHA) announced policy changes that will tighten lender requirements in an attempt to better manage risk. The anticipated changes will increase up-front mortgage insurance premium (MIP) to 2.25%; require a minimum FICO score of 580 to qualify for the 3.5% down payment (below 580 will require a minimum 10% down payment); reduce allowable seller concessions from 6% to 3%; and increase enforcement on FHA lenders. For the complete HUD Announcement, please click here.

Important FHA News

Learn the latest on changes to FHA that affect our industry »