Florida Association of Mortgage Brokers -FAMB- Selected by Freddie Mac to Offer CreditSmart and CreditSmart Espanol Financial Literacy Workshops

Business Wire, Nov 18, 2004

TALLAHASSEE, Fla. -- The Florida Association of Mortgage Brokers (FAMB) has teamed up with Freddie Mac and the National Association of Mortgage Brokers to launch a new pilot consumer credit education program. Freddie Mac's trademarked bilingual financial literacy 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. 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 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 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.