As part of the Arizona Mortgage Lenders Assoc. (AMLA) leadership group I had the priviledge of participating in a meeting with the Arizona Commissioners of Financial Institutions and Real Estate on Tuesday.
There were many questions and policies discussed. We covered MARS and how that impacts the realtors participating in short sales, loan officer licensing, real estate and mortgage fraud and the new loan officer compensation rules. There was a lot of information and clairification of rules and guidelines.
It's very important that whatever industry or profession you have chosen that you allot the time to participate in your local and national professional organizations to help construct solutions to issues rather than react to changes after the fact.
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