I recently attended the American Association of Private Lender’s conference. I became interested in the AAPL and became a member because it was the first national private lending group that I have come across. California is fortunate to have a plethora of organizations dedicated to our industry. However, many of the regulatory changes affecting our business today are on a federal level so it was enlightening to gain the perspective of other private lenders, mortgage brokers and vendors from across the United States. Many of the people I networked with complained that their states had no similar groups or industry conferences to attend. Although fairly new, it appears that the AAPL is beginning to emerge as a united voice for the private lending industry. In addition to providing a national industry forum, they welcome input for commentary on relative proposed federal legislation.
The conference agenda included a separate day dedicated to a certification course that featured classes on underwriting, servicing, compliance, loan documentation, mortgage pools and fractionalized loan sales. Happily, I passed the exams and gained my certification as a Certified Private Lender Associate. The certification program was followed by two days of worthwhile participation in presentations and networking. I am looking forward to next years’ event and the next level of certification and encourage others in our industry to participate.
San Juan Hills Golf Club, a local golf course in San Juan Capistrano, is holding their annual Toys for Tots golf tournament on Saturday, December 10th. Mike Sewell, Chief Information Officer of Point Center Financial, will be participating in this member event.
Point Center Financial is collecting unwrapped toy donations for this worthy cause. If you’d like to donate, swing by our office in Aliso Viejo on or before 5:00 on December 9thor at the San Juan Hills Golf Club on December 10th with your unwrapped toy. The address to the golf course is: 32120 San Juan Creek Road, San Juan Capistrano, CA 92675.
All toys donated to our office will be delivered to the golf course on December 10th.
For more information on Toys for Tots, visit their website at: http://www.toysfortots.org/.
“A home without a cat -- and a well-fed, well-petted and properly revered cat -- may be a perfect home, perhaps, but how can it prove title?”
- Mark Twain