Florida Association of Mortgage Brokers -FAMB- Selected by Freddie Mac to Offer CreditSmart and CreditSmart Espanol Financial Literacy Workshops.TALLAHASSEE, Fla. -- The Florida Association of Mortgage Brokers (FAMB FAMB Florida Association of Mortgage Brokers ) has teamed up with Freddie Mac Freddie Mac: see Federal Home Loan Mortgage Corporation. and the National Association of Mortgage Brokers The National Association of Mortgage Brokers, or NAMB is self-described as the "only national trade association representing the mortgage broker industry in the United States." It has a membership of 27.000 members and was founded in 1973. to launch a new pilot consumer credit education program. Freddie Mac's trademarked bilingual financial literacy Financial literacy is the ability of individuals to make appropriate decisions in managing their personal finances. Raising levels of financial literacy is now a focus of government programmes in countries including[1] Australia, Japan, the United States and the UK. curriculum, CreditSmart and CreditSmart Espanol, are national, community-based consumer credit education curricula that help prepare the English and Spanish-speaking communities for the financial responsibilities of homeownership. Van Johnson, FAMB's President, lauded the announcement. "This is a fabulous tool designed by Freddie Mac to further the American Dream American dream also American Dream n. An American ideal of a happy and successful life to which all may aspire: . We are proud to be selected to deliver this education to our fellow Floridians." Johnson said he also agreed whole heartedly with Bob Armbruster, NAMB NAMB North American Mission Board NAMB National Association of Mortgage Brokers NAMB National Association of Master Bakers President, that "educating consumers about the mortgage process is the best way to ensure that they don't fall prey to abusive lending tactics and NAMB has made such education a top priority." CreditSmart and CreditSmart Espanol are not FAMB's maiden entry into consumer education. Using the FAMB Education Foundation's course, "Are You Prepared to Head Down the Road to Homeownership?", the association has been educating Florida's first-time homebuyers First-Time Homebuyer An IRA owner who is exempt from the early-distribution penalty (which applies to IRA distributions that occur before the IRA owner reaches age 59.5) for distributing funds from his or her IRA to buy, build, or rebuild a home when having had no interest in a for the past two years. Founded in 1960, the Florida Association of Mortgage Brokers is the nation's oldest and largest professional Mortgage Brokers Association. We represent almost 50,000 Mortgage Industry Professionals and have members all over Florida. In the past year membership increased by almost 50%. Van Johnson of Deland is the current President. FAMB members are dedicated to integrity and service in every transaction. Visit the FAMB web site at http://www.famb.org. The web site allows you to search for an FAMB member in your area. The FAMB Foundation was formed in 2000, to offer educational programs to Mortgage Professionals and Consumers alike. Visit the Foundation Web Site at http://www.famb.org/foundation/foundation.html. For more information about FAMB contact Executive Director Karen Wordell-Smith at (800) 289-9983. You may email her at famb@supernet.net. |
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