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“I promise you it’s going to go in many different directions on all the things that we have been concerned about,” she said of the array of likely panel discussions ahead. She described the upcoming assembly as something of a NAMB on steroids. “What we do is share our ideas, give market tips to each other, identify trends. Regulatory matters are really big, and best practices. We really have been a hotline to the world.”
Summit has been in the works for some time
After increasing contact from counterparts all over the world, the idea for a global summit gradually emerged. “We’re excited about being able to come together and actually meet for the first time,” McCoy said. “We’ve been meeting on Zoom. Some of the members came to NAMB National in 2016, and that was the first that we heard on starting an international mortgage brokers federation.”
Australia, Canada take the lead in forming IMBF
Two years later, the International Mortgage Brokers Federation (IMBF) was jointly developed by the Finance Brokers Association of Australia (FBAA) and the Canadian Mortgage Brokers Association (CMBA). The gathering will reflect global diversity as more than 100 brokers and stakeholders from Australia, Canada, Ireland and other parts of the world will join their American counterparts to participate in workshops to discuss the major issues and challenges facing brokers around the world.
“We might have had the same thing happen here that just happened in Ireland, and we can discuss what we’re doing to resolve it,” McCoy said in providing a hypothetical example of a global summit talking point.
What happens in Vegas will be widely shared
As a NAMB board member since 2011 and president of the trade group from 2021-22, McCoy is well-equipped to now help organize the upcoming summit. She was also among the most prominent cheerleaders for a global meeting. “I finally said let’s just have it this year,” she said with palpable enthusiasm.
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