First American Title
Vermont Attorneys Title
|Lake Champlain Dinner Cruise
The ship sailed on Thursday, August 2, and from the
feedback, the best thing was the FOOD!
The buffet was great, the theme was festive, and the
company was in good spirits.
The VMBA survey
to help us plan
future events is
It takes less than
Link to it here
Meet your Officers!
2007 Board Of Governors
At the first meeting following the Annual Meeting, the
Board of Governors elected their Officers for the year.
President: Kathy Simanskas, CMP, Mortgage
Vice President: Jason Pidgeon, AMP, Mortgage
Loan Officer, New England Federal Credit
Treasurer: Maureen Devine, Senior Vice
President, Strategic Information Resources (SIR).
Secretary: Erin Navin, Homeownership Outreach
Coordinator, Vermont Housing Finance Agency
Past President: Nikki Hayes, CMP, Assistant Vice
President & Mortgage Loan Officer, Chittenden Bank
Board of Governors Members
Guy Andrews, CMA Appraisals, Inc.
Mark Chaffee, CMP, Mortgage Financial Services
Greg Hahr, LibertyQuest Mortgage, Inc.
Jon Korpela, MGIC
Andy Mikell, Vermont Attorneys Title Corp.
Mark Stanton, Express Mortgage Corp.
Contact information available at Vermontmba.org
It's not a pretty picture right now. Best estimates
indicate around 40,000 jobs have been lost, and
137 major U.S. Lenders have closed up since late
2006. But, as always, it's best to be informed, even
if the information isn't flattering to our industry.
A good overview of where the industry is on
employment can be found in the MSNBC news
article. Check it out.
I'll provide once again the link to the summary of
VT Data, as provided by the MBA. This has good
data for VT compared to the rest of the country,
including out total origination and subprime
Vermont Housing Facts
Finally I'll pass along a website I discovered from
my counter-part at the MA MBA. Please note - this
is an "unauthorized" blog, not an official site.
However, it does provide links to legitimate news
Responds to Industry Challenges
For the first time ever - the New England Mortgage
Bankers Conference (NEMBC) will host a Job Fair in
the midst of the Marketplace Conference Center in
Providence, RI. The joint New England Mortgage
Banker Associations are reaching out to the many
good people in our industry who have found
themselves out of work due to industry changes.
A special rate of just $50 for the single day Marketplace
pass has been created for unemployed mortgage
bankers. A host of Career Counseling, Employment
Workshops, Networking and Resume drop activities
have been added to the other Marketplace seminars.
You all of you, a silver lining in this storm is definitely
the opportunity to grab a bargain at the NEMBC.
The full Registration fee was cut to $295 for
Members. All VMBA member firm employees receive
this member rate. The deadline for this discount was
extended to this Friday, AUGUST 31.
If you can't attend the full conference, you might want to
do just the one day Marketplace registration, for $100.
But, the best deal, and full experience for your long trip
down is really the complete package. Remember, the
rate goes back to $450 after August 1.
This is the year to check it out!
The latest update on the new Wastewater/well
water regulations is that consumer
informational brochures have been drafted by
the Agency of Natural Resources (ANR).
We'll make the brochure available on our
website when completed. The two brochures
will help inform consumers on what to do if their
Septic system or Well has failed.
Remember, as of July 1, all septic systems in
Vermont fall under the jurisdiction of the
Agency of Natural Resources.
We recommend the issue be reviewed with
your Legal Counsel.