NYAMB Scholarship Program Spring & Fall 2022


"NYAMB Announces the Bonnie S. Nachamie Memorial Scholarship"
A Letter from our Scholarship Co-Chairs


Dear Members, Friends, & Fellow Colleagues,

This past year the NYAMB lost an extraordinary individual, Bonnie S. Nachamie. For over thirty years, Bonnie was a proud and an active member of the New York Association of Mortgage Brokers, where she held many voluntary positions on the Executive Committee and Board. Bonnie served as chair of various committees including the NYAMB’s Legislative Committee, Finance Committee, Events Committee, Scholarship Committee, and Bylaws committee. 

Bonnie was one of the founding members of NYAMB's Education Program and was an instructor for a number of professional organizations, including the NYAMB, National Association of Mortgage Broker (NAMB), American Association of Residential Mortgage Regulators (AARMR), the National Association of Professional Mortgage Women, and the New York State Bar Association. 

She educated thousands of mortgage industry professionals and was an inspiration to all. Sydney J. Harris, an American Journalist, once said, "The whole purpose of education is to turn mirrors into windows", and Bonnie Nachamie did just that. 

Bonnie has helped so many organizations and individuals successfully navigate the ever-changing regulatory environment and saw every challenge as an opportunity. In addition to her involvement with the NYAMB, Bonnie held many voluntary positions with other mortgage industry trade associations including the Empire State Mortgage Bankers Association (ESMBA) and the Mortgage Bankers of New York (MBAofNY). She was exceptional in every way, and we are extremely grateful for her hard work, dedication, and most of all, her friendship. She was a friend to so many in our industry and certainly had a knack for holding everyone’s attention.  The naming of a scholarship in her honor will be a permanent reminder of her unwavering commitment to our industry and will carry her legacy forward to future generations.  

We are now accepting Donations & Applications for Spring 2022 / Fall 2022.

Thank you in advance for all your support and on behalf of the entire committee and everyone here at the NYAMB we wish you and your families a safe and happy Holiday Season!

Best regards,

Mary Ann Pino
NYAMB Past President
Scholarship Co-Chair

Zahra Jafri
NYAMB Past President
Scholarship Co-Chair


For the Donor

Dear Friends and Colleagues, 

Thank you for your interest in supporting the  NYAMB Scholarship Program in honor of Bonnie S. Nachamie. These scholarships will help defray the costs of college expenses for the family members of NYAMB members.   We accept corporate and personal donations. Please click the Donate button or the QR code below to make your contribution now. You will have the option to pay by credit card or check.  A receipt will be emailed to the email address your provided. Questions: please send an email to etella@teammgmtsvs.com 

Again thank you for your support and we look forward to a great academic year for all students.

Best regards,
NYAMB Scholarship Committee


Please note that NYAMB is a 501c6 Corporation and therefore in accordance with the IRS guidelines, Contributions to section 501(c)(6) organizations are not deductible as charitable contributions on the donor’s federal income tax return. They may be deductible as trade or business expenses if ordi¬≠nary and necessary in the conduct of the taxpayer’s business. Please defer to your accountant. Thank you. 




For the Applicant

The New York Association of Mortgage Brokers is pleased to announce the NYAMB 2022 Scholarship Program in Memory of Bonnie S. Nachamie. 

The Scholarship Committee has established the following criteria:

1.     Recipient must be a high school senior, graduating in June 2022 or a full time matriculated student in a degree-earning program at an accredited college or university. Preference will be granted to high school seniors first for Fall semester 2022. 

2.     Recipient plans on attending or will continue to attend the college of his/her choice in September 2022.

3.     Grade Level average of at least B, 85 percent or 3.0.         

4.     Some form of community service or activity is required, with a recommendation from supervisor for high school applicants.

5     Student must be a relative (sons, daughters, nieces, nephews and first cousins only) or an employee’s son or daughter of an NYAMB member who is in good standing of the NYAMB for the academic year in which you are applying.

6.     Two personal references. (note: high school applicants need only submit one personal reference and the other will need to be a recommendation from supervisor see #5 above) 

7.   One academic reference 

8.     Submission of completed application.

All application and supporting material must be received no later than January 30th for Spring 2022 and July 15th for Fall 2022 scholarships.  Applications MUST be completed on line at www.nyamb.org/scholarship 

The NYAMB scholarship committee may interview finalists as part of the selection process. Scholarship recipients for the Spring 2022 semester will be notified via email on or before February 28th.

 Please see whether you  meet the above criteria prior to completing the application.  Please email any questions to etella@teammgmtsvs.com




New York Association of Mortgage Brokers
501 East Boston Post Rd., Suite 6 | Mamaroneck, New York 10543
P (914) 315-6644 | F (888) 900-1602 | etella@teammgmtsvs.com 
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