TomH

About Tom Hajda

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So far Tom Hajda has created 4 blog entries.

New Florida Law Raises Concerns for Florida Private Lenders

By |2024-01-24T09:14:17-06:00January 23rd, 2024|Compliance|0 Comments

Law restricts certain foreign persons from acquiring real property in Florida. A new Florida law is raising concerns for private lenders. Although its greatest impact is on transactions that finance Florida real property purchased by certain foreign persons associated with the People’s Republic of China, it also affects transactions that finance the property purchases of [...]

By |2024-01-24T09:14:17-06:00January 23rd, 2024|Compliance|0 Comments

Anti-Money Laundering Laws and the Private Lending Industry

By |2022-08-02T16:19:31-05:00August 3rd, 2022|Advocacy|0 Comments

The AAPL supports efforts to combat money laundering and related crime and encourages private lenders to establish a sensible AML program. To understand how anti-money laundering laws apply to private lenders, it is important to understand exactly what is meant by “money laundering.” Money laundering is the process of making illegally gained proceeds (i.e., “dirty [...]

By |2022-08-02T16:19:31-05:00August 3rd, 2022|Advocacy|0 Comments

Mortgage Lender Licensing—What You Need to Know

By |2022-06-08T12:22:02-05:00April 24th, 2022|Compliance|0 Comments

This is your 2022 update on state-by-state requirements to transact a business purpose, private loan. What is probably most surprising about needing a mortgage license to transact business purpose loans is private lender perception. Private lenders who make loans in states that require a license generally assume all states require a license. Similarly, private lenders [...]

By |2022-06-08T12:22:02-05:00April 24th, 2022|Compliance|0 Comments

Get Ready for CCPA

By |2020-07-22T18:37:15-05:00July 6th, 2020|Advocacy, Featured|0 Comments

Here’s what a CIO can do to prepare for compliance with the new California law governing how personal consumer information is handled. On Jan. 1, 2020, the California Consumer Privacy Act (CCPA) went into effect, placing a new compliance burden on companies for the way they gather, store and disseminate information. Passed to provide more [...]

By |2020-07-22T18:37:15-05:00July 6th, 2020|Advocacy, Featured|0 Comments

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