In this Issue

May 2016†Edition

Presidents Message

State News & Events

Legislative Update - George Klaetsch

2016-2017 WMBA Board of Directors Installation

Presidents Message
Our fiscal year will be coming to an end at the end of June. By that time we will have transitioned your Executive Committee, Board of Directors, Chapter Leadership and Committee assignments.........all very smoothly with some folks ending assignments and others just beginning a new chapter in their WMBA experience.

I will be ending my year as WMBA President and looking forward to one more year on your Executive Committee as Immediate Past President. I'm amazed at how fast this year has past and I'm humbled and honored to have been part of a great leadership team at WMBA. Our goal of progress has been met in a number of key areas.

Our new Association Management strategy coupled with a better defined Legislative Affairs and Advocacy strategy have been very successful in this first year. We have successfully built a strong foundation for the future of our association. Efforts to give stronger support to our three Chapters began with listening sessions that led to tangible changes to assist our Chapter Boards. We have recently begun a new membership outreach that includes shared revenue with our Chapters and an incentive for individuals who recruit those new members. We have more work to do and we are committed to continuing the progress we've made this year. Thanks to our Chapter Presidents Cheryl Paul, Carrie Holan and Dave Taylor for providing leadership and guidance.

Thanks to our Board of Directors, Chapter Boards,† Committee Chairs, and Committee Members for many hours of work to deliver high-quality education, networking and social opportunities............I'm amazed at the number of quality events delivered in just one year at all levels of our association.

On June 16th we will host the Annual Installation event at the Milwaukee Marriott West. We will welcome the new Secretary of the Wisconsin Department of Financial Institutions and install our new Directors and our Officers. New WMBA President Mike Kellman will share some thoughts as he embarks on his new journey. I have been extremely fortunate to have a very active and supportive Executive Committee and I thank Mike Kellman, Joe Doyle and Jan Brezina for all they have done and will continue to do.

Lastly, I want to thank all of you......our entire WMBA membership. This Association of Mortgage Professionals exists because you care deeply about this industry we all cherish. I have enjoyed every moment at every meeting and event getting to know all of you a little better. My takeaways are one thousand times more than what I've put in. Here's the challenge I see ahead and the last thought I'll share in this newsletter............Be protective of this great industry !! We only need to go back to 2007 to remember how difficult this journey has been. Your efforts since those dark days have shed a new light on the future of our industry. We have survived the downturn and can now look forward to better days ahead. Although we know there will be new challenges and opportunities ahead, we have shown time and time again that by working together, there is much we can achieve to improve our industry. Take pride in what you do.......many people are counting on us.

Legislative Update - George Klaetsch

PAC Pledge Campaign - Contribute by June 10th to be eligible to win!

On April 15th WMBA kicked off its PAC pledge campaign during the WMBAís 2016 Spring Conference. †This members-only campaign will conclude with a grand finale on June 16th at the WMBA Board Installation.
Contribution completion can be made in 3 easy clicks! Just go to
†Or, if you prefer to write a check, follow the quick and easy process on the WMBA pamphlets.
The recommended pledge is $50.
*Please note that all donations need to be from a personal account (not company credit cards).

Based on your PAC pledge contribution amount, you will be automatically entered to win the following prizes.
Platinum Prize - Contributions of $200 and above

WI Dells Getaway
  • One night
    accommodation at Sundara
  • Round of golf for two (18 holes per person) at Wild Rock
  • Dinner for two at Del Bar
Sponsored by Knight Barry Title Group
Gold Prize - Contributions of $100 and above
Golf Tour Package
  • Four passes to one round of the American Family Champions Tournament at University Ridge Golf Course on June 25, 2016
Sponsored by the Madison, Milwaukee and Northeast WMBA Chapters
Silver Prize - Contributions of $50 and above
Table of six at the 2017 WMBA Real Estate Finance Conference
Bronze Prize - Contributions below $50
Foursome at the 2016 WMBA Golf Outing on September 8, 2016
Winners will be announced at the WMBA Board Installation Event on June 16, 2016†at the Milwaukee Marriott West

Donít Delay, Contribute Today!

Additional information about the PAC campaign and WMBAís political involvement can be accessed at If you have any questions related to PAC contributions, please contact George Klaetsch at†

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2016-2017 WMBA Board of Directors Installation

Join us as we install the 2016-2017 WMBA Board of Directors. WI Department of Financial Institutions Secretary Lon Roberts has been invited as the guest program speaker and will preside over the installation.

Location: Milwaukee Marriott West
Date: Thursday, June 16, 2016 †

Click Here for More Information and Registration

Chapter News & Events




2016 Northeast Chapter: What's NEW at WHEDA

June 15, 2016
Tundra Lodge
865 Lombardi Avenue
Green Bay, WI
MBA Update

House Passes the SAFE Transitional Licensing Act

On Monday, May 23rd, †the House passed H.R. 2121, the SAFE Transitional Licensing Act, by a unanimous voice vote. One of MBAís top priorities, the legislation would make it easier for mortgage loan originators to switch jobs by allowing registered MLOs to obtain temporary licenses to originate. During the lead-up to the final vote, nearly 3,000 Mortgage Action Alliance members contacted their representatives to encourage them to vote for the bill, and MBA sent letters to all House members urging support. On the heels of the resounding House vote, the bill enjoys significant momentum as MBA pivots to urging the Senate to take up this important piece of legislation. For more information, please contact†Len Wolfson, (202) 557-2712 or Kelley Williams, (202) 557-2741.

The WMBA and the MBA have teamed up to bring you great access to the education components you need to stay current in the Mortgage Banking Business.

For every product purchased through the WIMBA-MBA store the WMBA receives a % back. †

Please use the link below to help support our Association!

Wisconsin Mortgage Bankers Online Store

Remember to check back often!

Chapter News & Events

2016 Northeast Chapter: What's NEW at WHEDA

MBA Update

House Passes the SAFE Transitional Licensing Act

WMBA Online Store