Standardized Best Practices Protect Our Future
Since launching in 2009 as the first national association for the private lending profession, we have held true to our mission:
As part of our pledge to safeguard the industry, we require members to adhere to a code of conduct above the bare minimum established by law.
Today, AAPL remains the public’s only mainstream avenue to report private lender ethics violations.
The Code of Ethics
Expand each code item for content tackling best practices in that area. As an ongoing initiative, our Ethics and Education Committees publish these guidelines to give private lenders direct access to the tools and learning they need to adhere to ethical standards.
Check back here for regular updates and additions.
Code of Ethics Enforcement
We treat all potential violations with the utmost care, consideration, and seriousness while also shielding members from parties who seek to use our investigation process to harass or express dissatisfaction in an otherwise ethical outcome. We conduct all violation investigations in strict confidentiality with advisory input from our Ethics Committee.
Those found to be in violation of our Code of Ethics may face*:
- Temporary or permanent expulsion from the association.
- Revocation of any AAPL certifications, awards, or other distinctions.
- Other remedies to recover membership in good standing as determined on a case-by-case basis.
*AAPL is not a law enforcement or government agency. We have limited direct recourse with non-members found to be in violation of the Code, although we record non-member violations that may affect future admittance to the association.
Read Up on Other Ethics Topics
COVID-19: A LITMUS TEST OF PRIVATE LENDERS’ SELF-REGULATION CAPABILITY
The private lending industry of today can trace its near-exponential growth over the past decade back to government regulation. Regulation of parallel industries, that is. Strictures that have reined in traditional institutional lending practices have [...]
From the Corner Office: Your Association Update
As 2020 closes, any reflection of the past months reaches the same conclusion: This. Year. Has. Been. Hard. The thing that’s held us together is that regardless of what’s going on in the wider world, [...]
What AAPL’s Ethics Committee Sees as the Top Ethical Challenge Facing Private Lenders Today
Visit aaplonline.com/ethics for more on our Code of Ethics Mike Hanna, Managing Partner, Investmark Mortgage, LLC “Bait and switch” lending and truth in advertising are the top ethical challenges in the marketplace today. There are [...]
