Reports to Public Policy Coordinating Committee

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Purpose

To develop Association policy on conventional mortgage finance and lending; to establish and maintain liaison with secondary market agencies, private mortgage insurers, trade associations, and other entities involved in regulating, providing, and maintaining conventional mortgage financing and lending.

Composition

50 members as follows: Chair and Vice Chair, the Immediate Past Chair, and 47 at-large members who have experience in conventional residential finance issues, programs, and lending practices/operations.

Terms

One-year term.

Qualification(s) for consideration

• Four years of residential sales experience.
• 1-3 years involvement in committees at the state or national level.
• Direct mortgage brokerage or mortgage banking experience.
• Knowledge of real estate finance, including familiarity with basic operations of the secondary mortgage market and the U.S. banking system.