ACCOMPLISHMENTS |
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Appointed by the
Department of Housing and Community Development to an escrow ad hoc
committee in 1981to develop new regulations for manufactured home dealer
transactions • Escrow Agents’ Fidelity Corporation (EAFC): [i] Appointed by the Department of Corporations to the Formation Committee that created EAFC; served as member of EAFC’s Board of
Directors nearly every year since inception in
1984; held many positions as an officer of EAFC, including Chairman of
the Board;
•
Served as officers
and directors of the Orange County Escrow Association;
•
Leading contributor
of technical articles concerning manufactured home escrows published by
the California Escrow Association’s publication,
CEA News;
•
Conducted training
seminars on technical escrow violations for enforcement personnel of two
State Departments;
•
Provided technical
assistance to a member of the secondary market whose loan portfolio
contained loans that had been misrepresented;
•
Served as a director
of the California Manufactured Housing Institute since its inception in
1986;
•
Recruited as an
escrow expert on manufactured housing to assist in drafting legislation
by the California Bankers Association[ii],
the State Controller’s office[iii],
the California Association of Realtors[iv],
among others;
•
Engaged as an expert
witness or consultant by institutional lenders and/or mortgage companies
who may have been defrauded by an escrow agent;
Proud to have serviced the escrow needs in the state of California for over 48 years.
[i]
EAFC is a State mandated entity that has limited over-sight
authority and provides all licensed escrow agents with fidelity
bonding protection pursuant to §17300 et. seq. of the Financial
Code.
[ii]
Senate Bill 1035, 1983 (completely revamped the laws governing
manufactured housing to protect consumers and lenders)
[iii]
Assembly Bill 2481, 1987 (created tax clearance certificates)
[iv]
Senate Bill 259, 1997 (created to permit DRE & HCD licensees to
cooperate on the sale of chattel manufactured homes)
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