AMBA Members—thank you. Your votes have helped shape the future of Alberta’s mortgage industry. We’re proud to introduce the newest leaders joining AMBA’s Board of Directors for the 2025–2026 term. These individuals exemplify dedication, professionalism, and a shared commitment to strengthening our community and advancing our strategic plan. We’re grateful to every candidate who stepped forward and to each Member who cast a ballot. This election reflects what AMBA is all about: a legacy of leadership. Congratulations to our new Board Directors! Congratulations to Shawn Jewers and Lisa Mackey! We're excited to welcome the successful candidates to AMBA’s 2025–2026 Board of Directors. Your passion, experience, and dedication will help shape the future of Alberta’s mortgage industry. Our returning Board of Directors are eager to collaborate with them and carry our 2024-2026 strategic plan forward. Save the Date: Celebrate with Us at the AGM
Let’s officially welcome the new Board at our Annual General Meeting on Thursday, May 8 at the Courtyard Marriott Airport Hotel in Calgary. The swearing-in ceremony will mark the start of a new chapter—one driven by strategic vision and a deep commitment to the success of Alberta’s mortgage professionals. 🔗 Register now for AMBA’s AGM
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In a recent Ask the Expert segment on Global News Morning, AMBA Board Chair and Licensed Mortgage Broker Faiz Khaku joined the conversation to break down how U.S. tariffs and interest rates are influencing Canada’s housing markets and mortgages. Whether you’re a first-time homebuyer or thinking about selling and staying in the market, Faiz’s advice is simple: “My biggest piece of advice is work with a licensed mortgage professional. Have that partner in your corner to be able to answer your questions, to make sure you're getting the right product, and setting yourself up properly for the future.” 🎥 Watch the full interview here: House hunting amid economic uncertainty 🔍 Looking for a licensed mortgage professional? Use RECA’s search tool to find a trusted expert near you. The mortgage industry is fast-paced and full of challenges, from strict regulations to ever-changing market conditions. As a mortgage broker, you know that every transaction depends on accurate appraisal valuations, timely processing, and happy clients. But did you know that the right appraisal firm can directly impact your success? A trusted appraisal partner doesn’t just help you close deals—it strengthens your reputation, ensures compliance, and keeps your business running smoothly. By choosing a reliable appraisal firm that lenders trust, you can streamline operations, reduce headaches, and set yourself up for long-term growth.
Effective January 1, 2025, the Criminal Interest Rate has been loweredThe criminal interest rate in Canada has officially been lowered from 60% to 35%, effective January 1, 2025. This significant change impacts mortgage brokerages, private lenders, and loan arrangements, making it crucial for industry professionals to understand their obligations under the new legislation.
Sponsored Content: This article is brought to you by TeranetFraud is an ongoing concern in the mortgage industry, posing risks to lenders, brokers, and consumers alike. As a mortgage agent or broker, protecting your business from fraudulent activities is not just a legal obligation but a crucial step in maintaining your reputation, reducing financial losses, and ensuring the integrity of the mortgage process.
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The tournament was packed with excitement, from long drives to precision putts. A huge congratulations to all the contest winners of the day:
- Men's Longest Drive: Jonathan Nameth
- Ladies' Longest Drive: Desiree O'Doherty
- Closest to the Pin: Tony Zhang
- Winning Team: Brett Lovegrove, Steven Gross, Bryan Baker, Greg Mills
Each of these competitors showcased remarkable skill and sportsmanship, making the event truly unforgettable! Be sure to check out the photo gallery below (stay tuned for the full gallery!) and share your favourites on social media using the hashtag #TeeOffWithAMBA.
Thanks to the incredible generosity of our participants and sponsors we raised an impressive $2,381 for the Calgary Food Bank. Your contributions are helping to support families in need across the city.
The tournament was packed with excitement, from long drives to precision putts. A huge congratulations to all the contest winners of the day:
- Men's Longest Drive: Rick Visscher
- Ladies Longest Drive: Sandra Forscutt
- Closest to the Pin: Keith Crosland
- Winning Team: Steve Haggard, Sandy Fisher, Mike Brandsma, Casey Struck
Each of these competitors showed remarkable skill and sportsmanship, making the event a memorable one! Check out the photo gallery below, and feel free to download and share on your socials using the hashtag #TeeOffWithAMBA.
The Alberta Mortgage Brokers Association (AMBA) announces the departure of Mary Swaffield, who has served as CEO for the past five years. Mary has been an exemplary leader and a driving force behind AMBA’s renewed success and growth, and though we are sad that she’s decided to pursue new opportunities, we are grateful for her unwavering dedication to AMBA throughout her time as CEO, and during this period of transition.
It would be impossible to list all her accomplishments, as they are numerous, but we would nonetheless like to highlight some of the impact that Mary has had on our organization. During her tenure, Mary spearheaded the establishment of an entirely new governance structure, policies, and processes that have greatly enhanced the effectiveness and efficiency of our organization. She played a pivotal role in the development and launch of AMBA’s pre-licensing education and strategic events programs, which have become cornerstones of our service offerings.
Mary’s strategic vision and leadership set a high standard for our organization. She developed a modernized organizational structure that has been instrumental in our increased adaptability and capacity, reflected by a marked increase in member satisfaction since implementation. Her efforts also resulted in a remarkable 130% increase in AMBA’s membership, and under her leadership, AMBA’s net assets have increased tenfold, effectively ensuring our sustainability into the future.
Mary’s departure marks the end of an era of extraordinary growth and development for AMBA. We are deeply grateful for her dedication, vision, and tireless efforts on behalf of our members. On behalf of the Board of Directors, our Committees, our Staff and our Members, we wish her all the best in her future endeavors.
The Board has appointed Ms. Emily St.Pierre to the role of Interim CEO, effective June 29th. Ms. St.Pierre will assume the responsibilities of this critical role while we begin our search for a permanent CEO, a process that may take several months.
We thank our members for their continued support and look forward to building on the strong foundation that Mary has established.
For further information, please contact:
Faiz Khaku
Chair, Board of Directors
Alberta Mortgage Brokers Association (AMBA)
[email protected]
403-615-4343
A Farewell Gathering
We invite you to join us in celebrating the end of an era and the beginning of new adventures at our Farewell Gathering event for our departing CEO. Drop by anytime to share your well-wishes. A complimentary beverage and light appetizers will be provided to all attendees.
Date: Thursday, June 27th
Venue: The Baron Venue - 4216A 12 St NE, Calgary
Time: 3 – 6 p.m.
RSVP: Click HERE
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