American Association of private Lenders

By KIMBERLEY HAAS Flipping taxes, state requirements for licenses, and regulations specific to the repayment of extended loans are being discussed by leaders at an advocacy group representing private lenders. The American Association of Private Lenders was formed in 2009 and is a national organization representing the private real estate and peer-to-peer lending industry. Members include private money lenders, mortgage fund managers, brokers, and service providers, according to their website. The organization has about 1,000 paying members and distributes educational materials to about 8,000 subscribers. Chairman Eddie Wilson sat down recently with The Mortgage Note to talk about their public policy concerns. Leaders at the AAPL spoke out last year when California lawmakers proposed a bill to tax nearly all…