upcoming events

Aug 6

Annual Golf Outing

Join us for the mortgage industry's favorite Golf Outing! This is the new date due to COVID-19 disruption.

Register Now

Oct 1

Best in Biz Awards

Best in Business Awards! The mortgage industry's best are recognized at this signature event!

Register Now

Be Recognized and Rewarded as an Annual Partner with the IMBA!

Welcome to Illinois Mortgage Bankers Association

In its 99th year, the Illinois Mortgage Bankers Association (IMBA) has stood as the state's premier mortgage banking trade association comprised of companies and institutions whose business interests revolve around residential mortgage lending including mortgage bankers, mortgage brokers, community banks, national banks, credit unions and those providing services to mortgage lenders, including mortgage insurance companies, title insurance companies, attorneys, appraisers, credit bureaus, compliance and technology service providers and others. 

IMBA’s mission is to provide information, educational resources and effective advocacy to help its members be profitable, ethical and prepared for future challenges.

Valuable Benefits of becoming an IMBA Member:

  • Discounts on high-quality seminars, workshops, and conferences uniquely tailored to the mortgage industry.

  • Member Network

  • Updates on the latest Industry Issues

  • Participation in Mortgage Industry Forums and on Committees

  • Leadership Development Opportunities

  • Affiliated Industry Associations Network

  • Advocacy and much more!

Mortgage Bankers Association Coronavirus (COVID-19) Resource Page.
Find out the latest developments on COVID-19 and its impact on the mortgage/housing markets.

 WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) has released a video on how struggling homeowners can obtain
mortgage forbearance if their finances are impacted due to the COVID-19 pandemic. The Bureau has also issued additional information
for consumers on mortgage and student loan payment relief and how to avoid scams. 

Below are the resources for consumers:
VIDEO: CARES Act Mortgage Forbearance: What You Need to Know
Guide to coronavirus mortgage relief options
What you need to know about student loans and the coronavirus pandemic
Beware of scams related to the coronavirus
Online and mobile banking tips for beginners


Get Involved With Our Committees!

Join one of IMBA’s Committees and you’ll:

Strengthen your ties with the mortgage lending industry;
Enjoy professional and personal contact with industry colleagues;
Gain a better and more diverse knowledge of the mortgage industry;
Help the Association plan the best possible programs for its members;
Enjoy the satisfaction that you’re giving back something that will benefit others in the business.
Take an important step towards a future leadership role in the IMBA.





president's message: 

Greetings.  I hope you and your families and colleagues are healthy and continuing to be cautious as we navigate and endure the impact and effect the COVID-19 virus has had on everything and everyone.  As I mentioned before, while working through the issues of record volume and COVID-19 disruptions, I have found our IMBA members to be invaluable.  The Secondary/Capital Markets Committee has another call on May 28th with guest speaker Dave Allison, Senior Vice President at Dovenmuehle, Inc. Dave will discuss impact of Covid 19 on servicing as well as forbearance issues and general servicing considerations during the pandemic.  The committee call last month featured guest speaker Seth Sprague, a Principal at Stratmor Group with over 20 years of mortgage banking and servicing valuation experience. The information shared was so timely and informative.  The Risk Management Committee will be having another call in the coming weeks to discuss compliance issues that have surfaced in recent months as employees continue to work remotely at home.  These calls provide such valuable information to our members and to me. Membership clearly has advantages I urge you to leverage IMBA members outside of your normal circle, as there are experts in the IMBA that represent all areas of expertise in the industry.  We can connect you with someone that has the expertise and experience on the issues you are working through.  This is a time when we all need to utilize every possible resource to ensure we navigate successfully to the other side of COVID-19.

The Mortgage Bankers Association (MBA) continues to advocate nationally on behalf of the real estate finance industry. They are working with the administration, Congress, the Fed, and state and local officials to ensure that lenders, borrowers, renters, and small businesses are properly supported and protected during this pandemic. A groundswell of support is building for a federal liquidity facility to help mortgage servicers provide the widespread forbearance called for by the GSEs, FHA, and under the CARES Act.  Pete Mills, MBA Senior Vice President of Residential Policy and Member Engagement, said the groundswell is sending a strong message to regulators.  “There seems to be pretty broad diverse and bipartisan support for starting up something now,” Mills said. “I think the right people are starting to listen. Federal Reserve Chairman Jerome Powell referenced it in remarks last Thursday. There is ample funding to support it. I think we are marshalling a consensus.”  Stay tuned for developments on this important issue.


Annual Premier Sponsor Partners