American Association of residential Mortgage Regulators

Protecting the American dream through effective mortgage supervision


AARMR Committees


Annual Conference

The Annual Conference Committee leads the planning and directs the execution of the AARMR Annual Conference.

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Bylaws

The mission of the AARMR Bylaws Committee is to ensure periodic review of the Bylaws and, when needed, to propose amendments to the Bylaws to the Board of Directors for consideration pursuant to Article XIII, Section 13.01 of the Bylaws.

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Consumer Education

The mission of the AARMR Consumer Education Committee is

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Finance
The Finance Committee is responsible for the review of the Association's periodic financial statements and for the development of the annual budget for the association.

 

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Legislative

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Membership
To secure and maintain membership of all state and U.S. territory residential mortgage regulators and affiliate members by ensuring that AARMR has an active membership program targeted toward the overall goal of the organization.

  • Julie Haefele
    Maine

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Model Forms/Act
The mission of this committee is to develop, revise and maintain a nationally accepted standardized application for licensure to be utilized by the mortgage industry and to provide a model act state regulators may use in developing statutes relative to regulation of the mortgage industry.

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Mortgage Fraud
The purpose of the AARMR Mortgage Fraud Committee is to identify and document fraudulent practices relative to the mortgage industry, identify resources used to investigate and prosecute fraudulent practices, and act as a clearinghouse of information to regulators and law enforcement officials in need of assistance in combating mortgage fraud. The mission of the task force is education through the following goals:

1. To identify and explain fraudulent practices. This will include collecting data and information relative to mortgage fraud, and may involve further investigation to assist in a written explanation of the practices.

2. To provide a forum for the exchange of ideas with other agencies and organizations. The purpose is to act as a catalyst and mechanism in bringing together varied groups interested in effectively dealing with mortgage fraud.

3. To identify investigation techniques, enforcement remedies and other tools for dealing with fraud. The task force will collect documents, formats and strategies used by regulatory and law enforcement agencies and create a catalogue of this collection for use by others.

4. Act as a clearinghouse or portal for goals 1 and 2. The task force will present collected information for dissemination or extraction from the AARMR website by members or other validated parties.

5. Provide assistance to the AARMR Board and committees as needed to fulfill or enhance their missions and goals.

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Regulatory Affairs
To identify statutory and regulatory proposals affecting the residential mortgage industry, determine the effect of these proposals on the AARMR membership, and report as necessary to the AARMR Board and general membership. When requested, the committee will provide course content recommendations to the Training Committee, and perform special assignments as directed by the Board.

  • Janet Erickson
    Maryland
  • Marlene Mannix
    Connecticut
  • Ken Power
    Oregon

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Regulatory Affairs
The mission of the Regulatory Exam Committee is to develop a core examination for use by AARMR members and procedures for the use of the core examination in individual, concurrent and joint examinations.

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Reverse Mortgage

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Servicing

Chair TBD

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Technology
Board of Directors as needed.

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Training
The Training Committee develops and conducts two schools annually dealing with mortgage examination, compliance, fraud, federal and state initiatives, and other areas of concern for administrators and their examiners and investigators. The committee should solicit input from AARMR members in developing the curriculum and location for such schools, and submit its proposals to the AARMR Board. The Continuing Education Committee has traditionally been chaired by a Chairperson or co-Chairpersons.

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