Advocacy

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

The U.S. Election Candidates

By |2020-06-24T14:08:59-05:00June 24th, 2020|Advocacy|0 Comments

What are the changes and challenges they represent for the housing market?\ Housing is taking a more central focus with candidates on the presidential campaign trail. A recent nationwide public-opinion poll commissioned by the National Low Income Housing Coalition found that as many as 85% of American citizens are in favor of affordable and safe [...]

By |2020-06-24T14:08:59-05:00June 24th, 2020|Advocacy|0 Comments

AAPL Opposes Anti-Flipping Taxes/Special Conveyance Flip Taxes

By |2020-03-16T19:34:25-05:00March 16th, 2020|Advocacy|0 Comments

Instead, promote incentives to increase economic activity and to create the change we all want to see. Most states or other governmental subdivisions that we are aware of impose what is known as a conveyance tax, transfer tax, sales tax or fee on the sale of real property. These taxes are generally very low in [...]

By |2020-03-16T19:34:25-05:00March 16th, 2020|Advocacy|0 Comments

American Association of Private Lenders Announces 2nd Annual Day on the Hill

By |2021-06-08T12:33:14-05:00March 3rd, 2020|Advocacy, News|0 Comments

Kansas City, Missouri - March 2, 2020 – The American Association of Private Lenders (AAPL) and Think Realty announced their second annual Day on the Hill, during which they will meet with the offices of senators and house representatives on the United States Senate Committee on Banking, Housing, and Urban Affairs; the United States [...]

By |2021-06-08T12:33:14-05:00March 3rd, 2020|Advocacy, News|0 Comments

NYC Home Flipping Analysis

By |2020-03-03T20:50:00-06:00March 3rd, 2020|Advocacy, Market|0 Comments

Legislation aimed at deterring “property speculation and flipping in vulnerable neighborhoods” in New York City begs the question: Just how prevalent and harmful is home flipping in the five boroughs that would be impacted by the policy change? An Auction.com analysis of public record data from ATTOM Data Solutions shows home flipping in the five [...]

By |2020-03-03T20:50:00-06:00March 3rd, 2020|Advocacy, Market|0 Comments

New York Wants to Kill Your Deal

By |2019-12-18T19:12:56-06:00December 18th, 2019|Advocacy|0 Comments

Senate Bill S3060E introduced in the New York state legislature would dramatically increase the transfer tax on fix-and-flip residential property. The New York state legislature is trying to pass a law to dramatically increase the transfer tax on certain family properties sold within two years of original acquisition in New York City. (Note: For certain [...]

By |2019-12-18T19:12:56-06:00December 18th, 2019|Advocacy|0 Comments

4 Ways a Green New Deal Could Present Opportunity for Private Lenders

By |2019-10-24T15:28:55-05:00October 24th, 2019|Advocacy|0 Comments

The GND can create opportunities for private lenders to make money while playing a role in rebuilding  and renewing the country’s vital infrastructure. Suspend disbelief for a moment and imagine the Green New Deal (GND) somehow has passed into law, despite the fractured government in Washington. What would it mean for private lenders? It all [...]

By |2019-10-24T15:28:55-05:00October 24th, 2019|Advocacy|0 Comments

GRC Update: New Jersey Passes Licensing Law for Nonbank Servicers

By |2025-09-16T11:13:59-05:00September 30th, 2019|Advocacy|0 Comments

New Jersey is but one state where challenges  to private lending are occurring. AAPL’s Government Relations Committee (GRC) is constantly scanning nationwide legislation to review for current changes to the law that could affect private lenders. Once the GRC is aware of a potential issue facing our community, we serve as a  voice to make [...]

By |2025-09-16T11:13:59-05:00September 30th, 2019|Advocacy|0 Comments

Cost-Benefit Analysis of HMDA

By |2019-08-28T16:39:14-05:00August 28th, 2019|Advocacy|0 Comments

A practical look at new HMDA reporting requirements and what they mean for private lenders If you are a lender engaged in consumer mortgages, then you are certainly familiar with the Home Mortgage Disclosure Act, or HMDA. On the other hand, if you are a private lender engaged in business-purpose loans, then hopefully you have [...]

By |2019-08-28T16:39:14-05:00August 28th, 2019|Advocacy|0 Comments

Private Lending Enemy No. 1: Anonymity

By |2020-02-11T17:27:57-06:00August 28th, 2019|Advocacy|0 Comments

You have a voice, but are you using it? Private lenders are in a tough spot after years of intentionally flying under legislators’ radars. Many private lenders have said they feel their business exists due to regulatory loopholes that could at any moment be found and closed. There is underlying concern that your anonymity allows [...]

By |2020-02-11T17:27:57-06:00August 28th, 2019|Advocacy|0 Comments

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