Government Relations

Business-Purpose Loans Should Not Be Subject to Mortgage Lender Licensing

By |2021-03-15T16:05:02-05:00March 15th, 2021|Advocacy, Featured|0 Comments

AAPL advocates for national business-purpose loan exemption from mortgage licensing. Generally, private lenders in states that require a mortgage lender license to make a business-purpose loan are already licensed, and those in states that do not require a license are not licensed. What is probably more surprising is that private lenders who make loans in [...]

By |2021-03-15T16:05:02-05:00March 15th, 2021|Advocacy, Featured|0 Comments

Proposed Modifications to SEC Definition of “Accredited Investor”

By |2020-08-18T20:21:46-05:00August 17th, 2020|Advocacy, Featured|0 Comments

AAPL and Geraci LLP support many of the changes. On Dec. 18, 2019, the Securities and Exchange Commission (SEC) proposed modifications in its rules to modernize the definition of “accredited investor.” Accredited investor status is significant because it enables individuals and entities to take advantage of investment opportunities that are not offered to the general [...]

By |2020-08-18T20:21:46-05:00August 17th, 2020|Advocacy, Featured|0 Comments

Special Feature: Forecasting the Future of Private Lending

By |2019-05-14T14:57:47-05:00May 14th, 2019|Advocacy|0 Comments

AAPL’s Government Relations Committee makes some long-term projections. AAPL announced its inaugural Government Relations Committee (GRC) earlier this year to serve as the implementation arm for the association’s advocacy goals. The GRC monitors state and federal legislative activity for potential impacts to private lenders, creates and implements advocacy objectives and provides expert testimony to legislatures. [...]

By |2019-05-14T14:57:47-05:00May 14th, 2019|Advocacy|0 Comments

Florida Business-Purpose Checklist

By |2019-05-10T15:40:36-05:00May 10th, 2019|Advocacy|0 Comments

How to determine what qualifies as a business purpose mortgage loan Florida House Bill 935 goes into effect July 1, 2019. It adds stiff penalties for misrepresenting a consumer mortgage loan as a business purpose mortgage loan. The former requires a mortgage lender license to transact. Violations are punishable at minimum as third-degree felonies. We’ve [...]

By |2019-05-10T15:40:36-05:00May 10th, 2019|Advocacy|0 Comments

Meet Your Government Relations Committee

By |2019-04-26T17:19:57-05:00April 26th, 2019|Advocacy|0 Comments

The Path Forward The members of American Association of Private Lenders’ Government Relations Committee are your first responders when it comes to tracking legislation and prioritizing, strategizing and executing advocacy efforts. Meet the committee that will help serve as a unified voice for the private lending profession by making an impact on state and federal [...]

By |2019-04-26T17:19:57-05:00April 26th, 2019|Advocacy|0 Comments

AAPL Opposes Florida Senate Bill 1730

By |2021-06-08T12:33:46-05:00April 3rd, 2019|Advocacy, News|0 Comments

Florida legislators have introduced the same mortgage licensing language from Senate Bill 1632 into an affordable housing bill, SB 1730. Senator Taddeo, SB 1632’s bill sponsor, requested a temporary postponement of SB 1632 due the presence of the same language in SB 1730. Senator Taddeo made the postponement request during the Senate Committee on Banking [...]

By |2021-06-08T12:33:46-05:00April 3rd, 2019|Advocacy, News|0 Comments

Legislative Alert: Florida Senate Bill 1632 Scheduled for Review

By |2021-06-08T12:33:55-05:00March 29th, 2019|Advocacy, News|0 Comments

The Florida Senate Banking and Insurance Committee is now scheduled to review SB 1632. You can attend the 4 p.m. EST Committee Meeting on 4/1/2019 to show your opposition in person. More details on how to do this below. Review Date: Monday, April 1 Time: 4-6 p.m. Location: Pat Thomas Committee Room, 412 Knott Building [...]

By |2021-06-08T12:33:55-05:00March 29th, 2019|Advocacy, News|0 Comments

American Association of Private Lenders Unveils Government Relations Committee

By |2019-03-06T16:20:35-06:00March 4th, 2019|News, Servicing|0 Comments

American Association of Private Lenders announced the members of its inaugural Government Relations Committee (GRC.) The committee serves as the association’s implementation arm for its advocacy goals. “Now is the time to enter the legislative advocacy arena,” said Linda Hyde, AAPL managing director. “Our industry has grown to a point that we can no longer [...]

By |2019-03-06T16:20:35-06:00March 4th, 2019|News, Servicing|0 Comments

American Association of Private Lenders Convened on Capitol Hill

By |2021-06-08T12:34:03-05:00March 1st, 2019|Advocacy, News|0 Comments

Senate Meetings a Vital Step for Private Lender Advocacy The American Association of Private Lenders (AAPL) met with the offices of several senators on the United States Senate Committee on Banking, Housing and Urban Affairs; and the Senate Committee on Finance, Thurs., Feb 21, 2019. The delegation of real estate private lenders and AAPL staff [...]

By |2021-06-08T12:34:03-05:00March 1st, 2019|Advocacy, News|0 Comments

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