MMLA Membership Information
The MMLA Mission
Nearly 500 individuals from mortgage banking firms, brokers, commercial banks, savings banks, credit unions, mortgage professionals, investors, insurance companies and others providing products and services to the mortgage industry are experiencing the advantages of membership in the Michigan Mortgage Lenders Association.
Since 1929, the MMLA has provided the real estate finance industry access to the Legislature and state regulatory agencies to help produce and maintain the type of legislation and regulatory climate that permits lenders to fully meet the real estate financing needs of Michigan residents.
The MMLA also provides educational opportunities to help members keep abreast of the rapidly changing mortgage origination, underwriting and servicing environment. MMLA maintains timely contact with its members through newsletters, legislative alerts, and the MMLA web site to relate industry trends and developments.
Services & Educational Benefits
More specifically, membership services include:
Access
- MMLA provides a conduit to improve your legislative and regulatory environments.
- MMLA represents the mortgage industry before the Michigan Legislature on issues that affect the industry.
- MMLA provides a medium for input to OFIR and the Corporations, Securities and Land Development Bureau on regulatory policies which impact the industry.
- MMLA liaisons with the Mortgage Bankers Association which works with Congress and Federal regulatory authorities to protect the vital interests of the mortgage industry.
Educational Benefits
MMLA keeps members abreast of changing regulations and technology which impact the industry through:
- Seminars on Sales, Compliance, Fraud, Government Agency, legislative and legal updates and other relevant subjects.
- Regional meetings featuring prominent guest speakers on issues and developments of broad interest to the industry.
- Access through MMLA to Mortgage Bankers Association's publications and educational material.
- Exclusive access to LOR updates and traning
Communications & Networking
Membership Communications
Members are kept informed through:
- The bi-monthly newsletter, The Mortgage Lender
- Membership hotline with access to experts to respond to your questions on industry and regulatory issues
- Full access to the MMLA web site which includes The Mortgage Lender and Membership Roster
- Legislative and regulatory updates
- Opportunities for members to communicate with other members and play a leadership role by participating in any of the 15 committees that establish MMLA policy and plan the major activities of the association
Networking
MMLA provides members with many opportunities for meaningful business and social interactions through the:
- Annual Conference held at one of Michigan's premier resorts
- Annual banquet
- Education seminars
- Annual golf outings
- Holiday parties
- Local Membership Meetings
Benefits & Membership Information
Membership Structure and Dues
MMLA offers Individual memberships. Individual Members are any individual of which a significant portion of the business is in or related to the mortgage industry. An Individual Member in good standing shall possess the right to vote, to serve on committees and serve as a committee chairperson. An Individual Member who is affiliated with a company which has a significant portion of its business is originating or servicing of mortgage loans will also posses the right to serve on the MMLA State Board of Governors. The dues amount is set annualy by the board of governors. The dues fee is $129 per individual member.
Join MMLA Today
Click here to print out a membership application.
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