Mortgage Bankers Association of the Carolinas

What Mortgage Bankers Association of the Carolinas does

Mortgage Bankers Association of the Carolinas, Inc. (MBAC) is a 501(c)(6) non-profit trade association founded in 1955 and domiciled in North Carolina, with operational offices managed out of Memphis, Tennessee by Confluent Strategies, Association & Event Management. The organization represents residential and commercial mortgage bankers, mortgage brokers, wholesale lenders, depository institutions (banks, credit unions, savings and loan associations), federal and state government housing agencies, non-profit housing organizations, and affiliated service providers (e.g., mortgage insurers, title, software vendors) operating across North Carolina and South Carolina. Its statutory core function is delivering three categories of value: (1) legislative and regulatory advocacy in the NC and SC state legislatures on issues including the Trigger Lead Bill and high-cost loan threshold modernization, (2) member education through quarterly newsletters, on-demand webinars, and an annual convention, and (3) industry networking through ten affiliated local chapter associations across both states. Membership tiers range from $350 (Individual) to $395 (Non-Profit Agency), $450 (Broker, ≤2 employees), and $850+ (Broker/Owner 3+ employees, Associate up to 10 employees, Regular 15 or fewer employees), with Regular membership pricing scaling upward for organizations with 16+ employees. MBAC also operates two scholarship funds — the Pope Scholarship (established 1972, >$170,000 awarded to 80+ students) and the Dee McCandlish Scholarship (established 2008).

The association operates a community-led go-to-market model: prospective members self-enroll via the RegFox online platform, while local chapter associations (MBA of Western NC, Charlotte Regional MLA, MBA of Fayetteville, Triangle Mortgage Lenders' Association, Winston Salem MLA, MLA of Greater Charleston, Upstate MLA, MLA of Greater Hilton Head) serve as recruitment and engagement channels. Day-to-day operations, event execution, and administrative functions are outsourced to Confluent Strategies, allowing MBAC to operate with a lean internal staff while delivering year-round programming. Annual convention attendance (the 70th edition hosted at Hyatt Regency, Greenville, SC) and corporate sponsorships — including Movement Mortgage as Diamond Sponsor — supplement dues-based revenue, while scholarship donations provide a third funding stream.

MBAC has no proprietary technology platform, software product, or API; "core technology" is characterized in the data as not applicable to a professional association. Distribution is primarily event-driven and relationship-driven, supported by owned digital channels (mbac.org website, Facebook, LinkedIn, Instagram, YouTube) and a quarterly Education Committee newsletter. Strategic partners include Confluent Strategies (operational, Memphis-based), Movement Mortgage (Diamond Sponsor and board representation), and the NC Housing Finance Agency (Non-Profit Member representing state housing finance interests).

Name

Mortgage Bankers Association of the Carolinas

Legal name

Mortgage Bankers Association of the Carolinas, Inc.

Website

https://mbac.org

Company type

Private

Founded year

1955

Operating status

Operating

Short description

Mortgage Bankers Association of the Carolinas (MBAC) is a 501(c)(6) non-profit trade association, founded in 1955, that delivers legislative advocacy, education, and networking to mortgage bankers, brokers, lenders, banks, credit unions, and service providers across North and South Carolina.

Ownership category

akta.pro rank

Headquarters

HQ city

Huntersville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership Dues: Annual membership dues from Regular, Associate, Broker, Non-Profit, and Individual members. Membership runs from November 1st through October 31st. Pricing ranges from $350 for Individual to $850+ for Regular/Corporate members.
2. Convention and Event Revenue: Registration fees for the annual MBAC Convention, including sponsorship revenue from corporate sponsors. The 70th Convention is hosted in Greenville, SC.
3. Scholarship Donations: Donations to the Pope Scholarship and Dee McCandlish Scholarship funds support students in mortgage banking studies. Fundraising activities organized by the Scholarship and Recognition Committee.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels9 records

Core offering

MBAC is a regional non-profit trade association that provides legislative representation, professional education, networking, and industry resources to mortgage banking professionals across North and South Carolina. It sells tiered annual memberships (Individual, Broker, Associate, Regular, Non-Profit) and operates an annual convention, local chapter network, scholarship programs, and educational webinars serving its members.

Product overview

MBAC is a professional association for mortgage bankers offering membership-based services including legislative representation, education and training programs, networking events, and industry resources. The organization provides various membership tiers (Individual, Broker, Associate, Regular, Non-Profit) and operates local chapters in both North and South Carolina. Key offerings include annual conventions, quarterly newsletters, on-demand educational webinars, and two scholarship programs (Pope Scholarship for students and Dee McCandlish Scholarship for professionals). The association was founded in 1955 and serves residential and commercial mortgage bankers, brokers, wholesale lenders, banks, credit unions, government agencies, and affiliated service providers.

Differentiator

Problem solved

Functional benefit

Products and services

• MBAC Membership Tiered annual membership program (Individual $350, Non-Profit $395, Broker $450, Broker/Owner $850, Associate $850, Regular $850+, with custom pricing for 16+ employee firms) providing legislative representation, education and training, networking, and industry resources to mortgage professionals in North and South Carolina.
• 70th Annual MBAC Convention Annual statewide conference for MBAC members featuring industry discussions, networking receptions (TopGolf Welcome Reception, Casino themed Network Reception), and educational sessions; the 70th edition is held at Hyatt Regency Greenville, SC.
• Pope Scholarship Scholarship program awarding a total of $3,000 over junior and senior years to college students pursuing studies in mortgage banking, finance, or related fields at North or South Carolina institutions.
• Dee McCandlish Scholarship Scholarship program for employees of MBAC member firms or individual MBAC members seeking education in mortgage banking, with awards issued in March and September and preference for women applicants.
• Education Webinar Library On-demand library of educational videos providing professional development content for mortgage industry professionals, available on the MBAC website and YouTube channel.
• NC Local Chapter Associations Network of five local mortgage banker associations in North Carolina including MBA of Western NC, Charlotte Regional MLA, MBA of Fayetteville, Triangle Mortgage Lenders Association, and Winston-Salem MLA.
• SC Local Chapter Associations Network of local mortgage lender associations in South Carolina including MLA of Greater Charleston, Upstate MLA, and MLA of Greater Hilton Head.

Named customers26 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• Confluent StrategiescoreStrategic or Co-development PartnerConfluent Strategies provides association management services for MBAC, handling day-to-day operations, event management, and administrative functions. Located in Memphis, TN.
• Movement MortgageminorGTM or Marketing PartnerMovement Mortgage is a Diamond Sponsor of the MBAC 70th Convention and is represented on the Board of Directors.
• NC Housing Finance AgencyminorGTM or Marketing PartnerNC Housing Finance Agency is a Non-Profit Member of MBAC, representing government housing finance interests in North Carolina.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Pennsylvania Mortgage Bankers Association: Pennsylvania state mortgage banking association offering advocacy, education, networking, and an annual conference. Directly comparable to MBAC as a state/regional peer trade association serving mortgage professionals.
• Florida Mortgage Lenders Association: Florida state trade association for mortgage lenders and brokers. Comparable to MBAC in structure, services (advocacy, education, annual convention), and member base of lenders, brokers, banks, and service providers.
• Georgia Mortgage Bankers Association: Georgia state mortgage banking trade association. Operates with the same charter as MBAC — state-level advocacy, education, networking, and annual convention — serving residential/commercial mortgage professionals in a single US state.
• Virginia Mortgage Lenders Association: State-level mortgage banking trade association serving Virginia. Directly comparable to MBAC in mission, member composition (lenders, brokers, banks), revenue model (dues + events), and advocacy focus at the state legislature level.
• Texas Mortgage Bankers Association: Texas state trade association for mortgage banking professionals. Comparable to MBAC as a regional/state peer with similar dues/event/advocacy model, though operating in a much larger geographic market.

Broad incumbents

• Mortgage Bankers Association (National): The national umbrella trade association for the real estate finance industry in the US. Comparable to MBAC as a peer trade association serving mortgage banking professionals, but operating nationally with significantly broader scope, larger membership, and deeper lobbying/advocacy infrastructure.
• American Bankers Association: National trade association for the US banking industry. Adjacent to MBAC at the broader level, serving banks (including MBAC's bank members) with national advocacy, education, and compliance resources — overlapping with MBAC's mission for depository-institution members.

Regional players

• South Carolina Bankers Association: SC statewide trade association for banks (including those with mortgage operations). Comparable to MBAC as a state-level financial services trade association in the same geography (SC), with overlapping bank members like First Federal and First Reliance.
• North Carolina Bankers Association: NC statewide trade association representing banks, many of which are also MBAC members (e.g., First Community Bank, Truist mortgage). Adjacent trade association in the same geography, serving depository institutions with mortgage functions.
• Tennessee Mortgage Bankers Association: Tennessee state mortgage banking trade association in the broader Southeast US region. Directly comparable in mission and model to MBAC, but does not overlap geographically (TN vs. NC/SC).

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCoYTD3jXXlfN9qqMr0QS1tg
• Facebookfacebook.com/mbac.org
• LinkedInlinkedin.com/in/mortgage-bankers-of-the-carolinas-inc-
• Instagraminstagram.com/mbac55/?hl=en
• Xx.com/MBACINC

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mortgage Bankers Association of the Carolinas