b'Points of Interest is published by the California Mortgage Association, a voluntary trade association serving California mortgage and trust deed brokers and lenders.2019-2020 BOARD OF DIRECTORSDavid HerzerPresidentInside This IssueHerzer Financial Services, Inc.Elizabeth KnightVice PresidentPLM Lender Services From the President .2Richard WachterSecretaryWachter Investments, Inc. From the Editor . 3Michelle RodriguezTreasurerWoodland Hills Mortgage Corp. Sacramento Summary .5Mark ForbesImmediate Past PresidentF.E. Forbes Company, Inc.Senate Bill 1447 Seeks to Expand California\'s Steve BellevilleReal Estate Lending Group, Inc. HOBR to Include Non-Owner Occupied Noah FurieBudget Mortgage Corporation Rental Properties.7 Glenn GoldanReProp FinancialDonald HerbertPrivate Funding Solutions, Inc.Joffrey LongSouthwestern Mortgage Top 5 Dangers for Mortgage Funds Sandy MacDougallMortgage Vintage, Inc. During an Economic Crisis . 9Odell MurryMAI Financial Services, Inc.Stephen PollackAnchor Loans, Inc.Lori RandichRedwood Mortgage Corporation Lenders MUST Provide Borrowers with Stephen RexrodeCushman Rexrode Capital CorporationPam SosaStandard Mortgage Financial Services, Inc. the AppraisalBreaking Down the ECOA Shafiq TaymureeStonecrest Valuation Rule 13Richard TemmeR.C. Temme Corporation2520 Venture Oaks Way, Suite 150 A Lesson in "Buyer\'s Remorse"Sacramento, CA 95833 Matson v. S.B.S. Trust Deed Network .17(916) 239-4080phone(916) 924-7323faxcma@camgmt.comwww.californiamortgageassociation.com Annual Sponsors 20CMA HEADQUARTERS STAFF PAC Contributors .21Jennifer Blevins, CMP Michael CochranDirector of Management Services Webmaster / IT Manager MEMBER SPOTLIGHT: K. Bradley Rogerson 24Teresa Excinia, MBA Stephanie SchoenExecutive Director Special ProjectsJohn Berkowitz Tricia Schrum, CPA Lori Randich Receives Phillip M. Adleson Publications Director AccountingJen Gross, CMP Natalie Sinclair Education Award .27Meeting Planner Special ProjectsStricktly Strickland .28Michael Arnold & Michael Belote, Esq.Legislative AdvocatesK. Bradley Rogerson, Esq.T. Robert Finlay Welcome New Members 33Securities CounselLegal CounselPoints of InterestSummer 2020Page 1'