President's Letter
Greetings,
Welcome to the New Mexico Mortgage Lenders Association. It is my pleasure to hold the position of President for 2012. First I would like to thank Matt Teskey immediate past President for providing excellent leadership for the association in 2010. The Board of Directors for the association is diverse and represents most of the mortgage originations channels as well as servicing. Also, the board membership consists of members from both Northern and Southern New Mexico. You can look forward to this board providing excellent education opportunities and an opportunity to network and have fun.
Many members of our association are active with government affairs both on the state and national level. The New Mexico Legislature session is a short session this year; however we do anticipate several foreclosure bills to come up. The board and our legislative committee will be working hard to make sure that any laws that are passed are fair and just. We are always in need of members to step up and help us on this front. Our jobs can depend on the outcome of legislation and takes people like you in the trenches speaking out on behalf of the industry to be heard. Likewise, several members make the annual trip to Washington DC to attend the MBA’s National Advocacy Conference. At this conference, you will have the opportunity to learn about the most pressing issues facing our industry and actually meet and speak with our members of Congress about the issues facing the mortgage industry.
If you cannot make this trip, but would like to have your voice heard, please join the Mortgage Action Alliance, located on the MBA web site. Membership is free and each time a call to action is sent out, you can write letters to your congressman or woman simply by clicking a few buttons. I encourage everyone to sign up with MAA.
Finally, I would like to bring to your attention one of my goals for this year which is to shore up our income and balance sheet. Our membership numbers have seen a decline in recent years due to the state of our industry. However, the education needs for our members has never been greater. The threats to our industry from all sides are also greater than ever. We need to be in a position to take these challenges head on. There are two things that each of you can do that will help us maintain the resources we need; the first is by attending and bringing everyone in your office to our monthly education lunches. Second, please make a donation to our PAC and challenge everyone in your office to make a donation. These two simple actions go a long way to providing a voice for your industry.
I look forward to a very successful year with NMMLA. Thank you for allowing me to serve you and I wish each of you the most success in 2012.
Jack Thompson
2012 President
New Mexico Mortgage Lenders Association
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