Government Relations Comittee

Introducing AAPL’s 2021-2022 Committees

By |2021-06-22T21:30:03-05:00June 18th, 2021|Advocacy, Featured, Leadership|0 Comments

Meet the committee members who will be the association’s advisors in three critical areas: education, advocacy, and ethics. During the past decade, we’ve zeroed in on three distinct areas that have grown to form the backbone of nearly every initiative we take as an association: Education, Advocacy, and Ethics. To better serve you and the [...]

By |2021-06-22T21:30:03-05:00June 18th, 2021|Advocacy, Featured, Leadership|0 Comments

Business-Purpose Loans Should Be Exempt from Relief Measures

By |2021-03-29T15:46:09-05:00March 29th, 2021|Advocacy, Featured|0 Comments

AAPL opposes foreclosure moratoriums and mandatory forbearance on business-purpose loans. COVID-19 has created some of the most far-reaching impacts our industry has seen. It is no surprise then that governments at all levels took some measure of direct action to guard against one immediate negative consequence of that health crisis: skyrocketing unemployment. A consequence of [...]

By |2021-03-29T15:46:09-05:00March 29th, 2021|Advocacy, Featured|0 Comments

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

What Is the Biggest Legislative Challenge Facing the Private Lending Industry?

By |2020-12-11T15:14:08-06:00December 11th, 2020|Advocacy|0 Comments

This year, AAPL’s Government Relations Committee (GRC) has tackled a wide range of issues on behalf of the private lending community. In New York, Senate Bill S3060E sought to increase the transfer tax on fix-and-flip residential property by 15% to 20%. The bill saw no movement this year, although it is unclear if it was [...]

By |2020-12-11T15:14:08-06:00December 11th, 2020|Advocacy|0 Comments

GRC Update: New Jersey Passes Licensing Law for Nonbank Servicers

By |2019-09-30T20:03:03-05:00September 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 |2019-09-30T20:03:03-05:00September 30th, 2019|Advocacy|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

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

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