CampusMBA, the education division of the Mortgage Bankers Association (MBA), has announced a new continuing education (CE) requirement for all commercial, residential and master Certified Mortgage Banker (CMB) designees.
Beginning June 1, all CMB designees will now be required to complete ongoing continuing education to maintain their respective designation. Each CMB will be required to complete 30 hours of continuing education over an ongoing two-year period. CE credits will be available through CampusMBA on-line courses, at selected sessions during MBA conferences and through special CMB events.
‘Since 1973, the CMB designation has been the symbol of respect, credibility, expertise and achievement within the real estate finance industry,’ says Jeffrey Schummer, MBA's vice president of education. ‘Now, more than ever, with the industry in a period of rapid change, it is essential that industry leaders continue to advance their knowledge and build on this standard in order to set the bar for excellence in our industry.’
More information on the CMB CE program is online.