Your Association Update

 As we settle into 2020, we at your friendly American  Association of Private Lenders continue our dedication to our three pillars: ethics, advocacy and education. Here’s what we’ve been up to during the past quarter.

Ethics
One of the largest benefits we provide to our members is  helping to safeguard their reputations. Borrowers call us daily asking us to verify membership because they trust what AAPL—and by extension, our membership—stands for. Read about what we do to protect your reputation from scammers on page 30. Our Ethics Committee weighs in on the biggest challenges facing private lenders in this area on page 36.

Advocacy
Due to the COVID-19 outbreak and closure of Capitol Hill, we are postponing our 2nd Annual Day on the Hill to this fall. The private lender and real estate investor delegation will split into groups to attend meetings with the offices of senators and congresspeople to talk about issues with HMDA, S.A.F.E. Act implementation, and Opportunity Zones.  If you are interested in joining the delegation, more information and signup is available at aaplonline.com/doth.

Education
We’ve said this before, but AAPL members can now access Certified Fund Manager courses online at aaplonline.com/cfm.

Data from our AAPL/Zelman Private Lender Survey will provide untold learning into  the size and scope of the industry, while also allowing lenders to benchmark their  products and operations against the market for the first time. Sign up to respond at aaplonline.com/industry-survey.

Finally, lenders can educate themselves on the service providers who specialize in  working with private lenders with our Private Lender Resource Guide. In this issue,  readers will find Appraisals & Valuations, Lead Generation, Note Buyers/Sellers and Raising Money. Turn to page 93 to start your search. AAPL members can find all  categories online at aaplonline.com/resource-guide.

As always, we appreciate the support of our members, sponsors and advertisers.  Your dollars have helped us achieve some very big goals.­

Linda Hyde,
Managing Director, American Association of Private Lenders