The Mortgage Bankers Association of Arkansas was founded in 1959 as a non-profit organization with six purposes.

1. To preserve and promote the welfare of the mortgage banking industry in the state of Arkansas;
2. To encourage sound and ethical business practices among its members;
3. To acquire and disseminate correct and current information on pending legislation, rules and regulations affecting the industry;
4. To sponsor and/or conduct meetings and programs of interest to the Association and provide a platform from which the members of this Association can express their views on practices, legislation, rules and regulations affecting the industry;
5. To afford the opportunity for those engaged in the mortgage banking industry to secure the benefits of personal acquaintance;
6. To cooperate with all public and private agencies in all matters relating to sound mortgage banking.

Membership of the Association consists of individuals, partnerships, corporations, trusts, associations and other forms of business endeavors engaged in one or more fields of mortgage banking, financing or servicing in Arkansas. The affairs of the association are managed by a 12 member Board of Directors. The day to day operations of the Association are handled by BRM Association Management & Services, LLC of Benton under the leadership of Executive Director Barbara Martin.