New York Mortgage Bankers Association (nymba)

What New York Mortgage Bankers Association (nymba) does

New York Mortgage Bankers Association (NYMBA) is a New York State nonprofit trade association founded in 2014 and headquartered in Albany, NY, that provides advocacy, education, and networking services to the real estate finance industry. The association serves depository mortgage lenders (banks and credit unions), non-depository mortgage lenders and loan servicers, mortgage insurance providers, mortgage technology vendors, regional and local MBAs, and not-for-profit housing organizations operating in New York State. NYMBA's core offering is regulatory and legislative advocacy before the NY Department of Financial Services, the state legislature in Albany, and on industry-impacting court cases through amicus briefs, supported by a retained professional lobbying firm (Brown & Weinraub Advisors). Membership-based with tiered annual dues ranging from $150 to $2,795 depending on organization type and size, supplemented by corporate sponsorship packages (Excelsior, Empire, Liberty, Gotham tiers), event fees from the annual Convention and Legislative Advocacy Conference, and a Political Action Committee.

NYMBA's primary value drivers are policy advocacy (it has secured passage of the NY Land-Home Property Act in 2025 after a 10+ year effort and achieved favorable outcomes in multiple amicus briefs including Bank of America v. Kessler), education and training (continuing education, SAFE Act compliance, monthly Affordable Fridays webinar series in partnership with HUD/FHA, SONYMA, Fannie Mae, Freddie Mac, and Habitat for Humanity), and member networking through committees spanning legislative, PAC, education, loan servicing, technology, and affordable housing functions. The organization maintains formal membership in the national Mortgage Bankers Association and partners with seven regional and local MBAs across New York State (Buffalo-Niagara, Central NY, Empire State, MBA NENY, Mid Hudson Valley, MBA of Greater Rochester, and others). Operationally, NYMBA runs on third-party association management software (Growth Zone) for member communications, contact management, and event registration, with no proprietary technology platforms or AI/ML capabilities. The organization is governed by a volunteer Board of Directors drawn from member institutions and led day-to-day by Executive Director & COO Joseph Culver; revenue is generated exclusively through dues, sponsorships, event fees, and PAC contributions with no publicly disclosed financials.

Name

New York Mortgage Bankers Association (nymba)

Legal name

New York Mortgage Bankers Association, Inc.

Website

https://www.nymba.org

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

New York Mortgage Bankers Association is a New York State nonprofit trade association providing advocacy, education, and networking to depository and non-depository mortgage lenders, servicers, and affiliated firms operating in New York.

Ownership category

akta.pro rank

Product category

Trade Association / Mortgage Industry Association

NAICS

Professional Organizations (81392)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Subservicing (Third-Party Servicing for Owners/Originators) (FSALAEAD)

Keywords

• Mortgage banking association
• Real estate finance advocacy
• Legislative lobbying services
• Industry trade association
• Mortgage industry education

Headquarters

HQ city

Albany

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: NYMBA generates revenue primarily through annual membership dues paid by mortgage lenders (depository and non-depository), loan servicers, mortgage industry-related firms, affiliate companies, partner regional/local MBAs, non-profit organizations, and sole proprietors operating in New York State. Membership fees vary by category and company size, with annual subscription tiers ranging from $150 to $2,795 per year, and monthly billing options for some tiers.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

NYMBA is a statewide nonprofit trade association that provides legislative and regulatory advocacy, education and training, networking, and industry resources to mortgage lenders, servicers, and affiliated firms operating in New York State. Its core deliverable is unified industry representation before state lawmakers, the NY Department of Financial Services, and the national Mortgage Bankers Association, combined with member-only access to events, committees, and continuing education.

Product overview

NYMBA is a trade association, not a technology product company. It provides advocacy and lobbying services, educational programs, annual conventions, legislative advocacy conferences, and membership networking services to mortgage banking industry professionals in New York State. The organization facilitates industry collaboration through various committees (Legislative, PAC, Convention, Education, Affordable Housing, Communications, Loan Servicing, Technology), offers continuing education credits, and engages in policy advocacy with state regulators and legislators.

Differentiator

Problem solved

Functional benefit

Products and services

• NYMBA Membership – Full Lender Tier (1A)
• NYMBA Lender Membership (Tiers 1B-1F)
• NYMBA Non-Lender / Affiliate Membership (2A)
• NYMBA Partner Association Membership
• NYMBA Non-Profit Membership
• NYMBA Sole Proprietor Membership
• NYMBA Annual Convention
• NYMBA Legislative Advocacy Conference
• Affordable Fridays Webinar Series
• NYMBA Political Action Committee (PAC)
• Annual Corporate Sponsorship Packages

Named customers19 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

19 partnerships are on record, tiered flagship and core.

• Rocket MortgageflagshipGTM or Marketing PartnerRocket Mortgage is the 2026 Convention presenting sponsor, providing premium visibility and support for NYMBA's flagship annual event. Convention 2026 is scheduled for September 21-23 at Rivers Casino & Resort in Schenectady, NY. Rocket Mortgage's sponsorship places them as the primary sponsor of NYMBA's largest annual gathering of industry professionals.
• Freedom MortgagecoreGTM or Marketing PartnerFreedom Mortgage is a Liberty-tier sponsor of NYMBA 2026 and is represented on the Board of Directors (Richard Jordan, Sr EVP, Chief Admin Officer). Freedom Mortgage is an active participant in NYMBA advocacy and policy efforts, supporting the association's lobbying activities.
• loanDepotcoreGTM or Marketing PartnerloanDepot is listed as a Liberty-tier sponsor for 2026. As one of the nation's largest non-bank mortgage lenders, loanDepot's sponsorship supports NYMBA's programs while providing the lender with visibility among New York mortgage professionals.
• M&T BankcoreGTM or Marketing PartnerM&T Bank is a Liberty-tier sponsor for 2026. Mike Henry, Head of Mortgage Servicing at M&T Bank, serves as Vice President on the 2025-2026 NYMBA Board of Directors. Kelly MacDonald, SVP at M&T Bank, also serves as a Director on the board.
• Genesee Regional BankcoreGTM or Marketing PartnerGenesee Regional Bank is a Liberty-tier sponsor and is represented on the NYMBA board through Mike Pulver, CMB, who serves as Immediate Past President. Mike Pulver is SVP at Genesee Regional Bank, which is also an Advocacy Sponsor.
• Homestead Funding CorpcoreGTM or Marketing PartnerHomestead Funding Corp is an Excelsior-tier sponsor of NYMBA 2026, providing visibility at the association's premier events.
• Partners Credit Verification SolutionscoreTechnology or IntegrationPartners Credit Verification Solutions is an Excelsior-tier sponsor of NYMBA 2026, providing credit verification technology services to the mortgage industry.
• Cathedral CPAscoreGTM or Marketing PartnerCathedral CPAs is an Excelsior-tier sponsor of NYMBA 2026, providing accounting and financial services to the mortgage industry.
• IREM SolutionscoreGTM or Marketing PartnerIREM Solutions is an Excelsior-tier sponsor of NYMBA 2026 and is represented on the board through Darrel Lloyd III, CEO, who serves as Director representing Buffalo-Niagara MBA. IREM Solutions specializes in REO property management and real estate asset management.
• Brown & Weinraub Advisors, Inc.coreImplementation/ SI/ Consulting PartnerBrown & Weinraub Advisors, Inc. is NYMBA's retained lobbying firm, providing professional lobbying representation in Albany. The firm was selected and retained as a 'monumental achievement' that has had and will have immediate and lasting impact for NYMBA and the industry. The firm supports NYMBA's advocacy and lobbying efforts with New York State legislators and regulators.
• Mortgage Bankers Association (MBA) — NationalflagshipStrategic or Co-development PartnerNYMBA maintains formal membership in the national Mortgage Bankers Association, leveraging MBA's significant resources in efforts to protect, defend, and promote the mortgage lending industry. NYMBA participates in MBA advocacy conferences, utilizes MBA's research and education resources, and collaborates on legislative matters. NYMBA joined with several national trade associations in advocacy efforts, including comments to DFS on cybersecurity rules.
• Buffalo-Niagara MBAcoreStrategic or Co-development PartnerBuffalo-Niagara MBA is a regional member association represented on the NYMBA board through Darrel Lloyd III (CEO, IREM Solutions) and Gary Baumann (MGIC). NYMBA maintains partnerships with all local and regional MBAs in New York State, with the goal of supporting their efforts and expanding resources available to their members.
• Central New York MBAcoreStrategic or Co-development PartnerCentral New York MBA is represented on the NYMBA board through Alexander Fischer (Hill & Fischer, P.C.) and Greg Rodgers (Fulton Savings Bank, President of Central NY MBA). NYMBA partners with local and regional MBAs to leverage synergies in networking, education, and advocacy.
• Empire State MBAcoreStrategic or Co-development PartnerEmpire State MBA is represented on the NYMBA board through Zahra Jafri (President at Lynx Mortgage Bank). The two associations collaborate on industry advocacy and resource sharing.
• MBA NENY (Northeastern New York MBA)coreStrategic or Co-development PartnerMBA NENY is represented on the NYMBA board through David Fifer (Director, State Government & External Affairs, Rocket Companies) and Christopher Rogers (Sunmark Credit Union). NYMBA partners with local associations to maximize networking, education, and advocacy benefits.
• Mid Hudson Valley MBAcoreStrategic or Co-development PartnerMid Hudson Valley MBA is represented on the NYMBA board through Vincent Aurigemma (FVP, Mortgage Branch Manager, Valley Bank). The association collaborates with NYMBA on advocacy and member resources.
• CRF ServicescoreGTM or Marketing PartnerCRF Services is a Gotham-tier sponsor and an Advocacy Sponsor. The company specializes in Government, GSE, and PMI Claims and Loss Analysis. Jodi Gaines, a founder of Claims Recovery Financial Services (now part of Insight One), serves as NYMBA Loan Servicing Chair and co-chairs the MBA Claims working group.
• New York State Department of Financial Services (DFS)coreStrategic or Co-development PartnerNYMBA maintains regular, professional engagement with the New York Department of Financial Services, which is the primary state regulator for mortgage companies operating in New York. The association serves as a resource for DFS and advocates on behalf of members regarding regulatory guidance, including comments on proposed DFS regulations on cybersecurity, character and fitness assessments, and mortgage servicing rules.
• Mortgage Action Alliance (MAA)coreStrategic or Co-development PartnerMortgage Action Alliance is a voluntary, non-partisan, free nationwide grassroots lobbying network affiliated with the national MBA, dedicated to strengthening the industry's voice in Washington, DC and state capitals. NYMBA encourages members to join MAA to participate in the lawmaking process. MAA organizes Call to Action campaigns on federal legislation like the SECURE Notarization Act.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Mortgage Bankers Association (National): The national trade association for the real estate finance industry. NYMBA maintains formal membership in MBA and leverages its resources, making it the most direct parent-level peer for advocacy, education, and research at the federal level.
• American Bankers Association: The national banking trade association. While broader than mortgage banking, ABA's mortgage-related advocacy and compliance resources overlap with NYMBA's mission for depository lender members.

Direct peers

• California Mortgage Bankers Association: State-level mortgage banking trade association serving California lenders. Operates the same membership, advocacy, and education model as NYMBA, with parallel state-level engagement with regulators and legislators.
• Texas Mortgage Bankers Association: State trade association for Texas mortgage professionals. Closely comparable to NYMBA in advocacy, education, and convention-based member services within a single large state market.
• Florida Mortgage Bankers Association: State association for Florida mortgage lenders and servicers. Directly comparable membership structure, legislative advocacy focus, and event-driven engagement to NYMBA.
• Illinois Mortgage Bankers Association: State-level mortgage banking association in Illinois. Similar nonprofit, member-funded model with parallel advocacy and education programs for mortgage professionals.
• Pennsylvania Mortgage Bankers Association: Pennsylvania's state mortgage banking association. Comparable structure to NYMBA with tiered membership, statewide advocacy, and annual conventions.

Regional players

• Community Bankers Association of New York State: Trade association for NY community banks, many of which are NYMBA members. Adjacent peer sharing geography and overlapping membership (e.g., Genesee Regional Bank, M&T Bank) but focused on broader community banking rather than mortgage-specific advocacy.
• New York State Association of Realtors: NY statewide real estate trade association with overlapping industry interests in real estate finance and housing policy. NYMBA's board includes the CEO of NYSAR, indicating a closely aligned peer relationship around housing policy.

Others

• Mortgage Action Alliance: Grassroots lobbying network affiliated with the national MBA. NYMBA formally encourages members to join MAA, making it a directly connected advocacy partner rather than a competitor, but its mission overlaps with NYMBA's state-level lobbying activities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 New York Mortgage Bankers Association (nymba)