AAPL Opposes Florida Senate Bill 1730 | American Association of Private Lenders

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The American Association of Private Lenders (AAPL) is designed to serve as a catalyst for alternative real estate finance growth. The AAPL is more than just an organization of people with common purpose. We are a private enterprise, and like you, we are focused on delivering results. Unlike most associations, our goal is not strictly survival.

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 [.]

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Synovus Mortgage Corp., a subsidiary of Synovus Bank, lends in the states of Alabama, Georgia, Florida, Tennessee, North Carolina and South Carolina. This communication is directed to properties in those states. Loans subject to approval, including credit approval. Synovus Mortgage Corp., NMLS #179119, is an Equal Housing Lender.