LETTTER FROM RIMBA’S PRESIDENT

January 20, 2009
 
I decided to wait until this historic Inauguration Day to write the
annual letter from the President because we are truly entering, to quote
Aldous Huxley - "A Brave New World". Just as the millions of people who
gathered in Washington, D.C. gave witness to the message of hope, I want to deliver that same message as your RIMBA President for 2008-2010.
 
I would be remiss if I did not mention that I am truly honored to have
been elected by the Board of Directors to serve as the new President of
the only trade association in the State of Rhode Island whose sole
purpose is to represent the residential mortgage lending industry.  I
emphasize the word "only" and more about that to come.  I must also
recognize the fact that I am stepping into some mighty big shoes as I
take the seat occupied by Paul Cappello for the 2007-2008 term.  In
2007, Paul took a very strong leadership position along with the members
of the Legislative Committee in working with our State Legislature to
craft regulations that were proposed and subsequently passed with a lot
of amendatory impact aided by RIMBA and our outstanding team of
lobbyists.  We all must remember that the role of the State Legislature is
to discharge their duties faithfully and responsibly to the benefit and
protection of the electorate, the citizens, and consumers of the Ocean
State.  Our responsibility as your industry representative is to act as a
good corporate citizen and monitor the proposed legislation that
emanates from the General Assembly and offer our expert counsel to the
members to balance the needs of the consumer to be protected from
egregious acts and the need to have access to as broad an array of
mortgage lending options as is practical.
 
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2009 Membership Letter

 Download our 2009 membership Letter (.PDF) or (MS Word).