Welcome to the Southeast Mortgagee Advisory Council (SMAC) website. The Southeast Mortgagee Advisory Council is established to provide constructive advice and support to HUD's Multifamily Hub office leadership and staff, to improve the effective delivery of the FHA multifamily insurance program in the Atlanta, Greensboro and Jacksonville Multifamily Housing Hubs.
The Council exists to: (a) Provide a permanent forum for FHA mortgagees active in these Hub office jurisdictions to identify potential improvements in the consistent application of FHA program, underwriting and processing guidelines; (b) Develop and present to HUD leadership and staff potential solutions representing the shared position of the participating mortgagees; and (c) Provide the respective Hub offices with regular access to a group of active mortgagees for the purpose of a dialogue on issues related to the administration of the FHA mortgage insurance programs.
The Council expressly does not exist to: (a) Discuss or set any anti-competitive terms or conditions under which FHA-insured mortgages will be marketed or funded; (b) Discuss or promote any individual loan in which any participating mortgagee has interest; and (c) Promote issues that are of interest only to one participating mortgagee.
SMAC Officers/Board Members 2016-2020
President – Bob Warren, Berkadia Commercial Mortgage