Becoming a Member of the Consumer Advisory Council:
If you are interested in participating on the AARMR Consumer Advisory Council, please submit a letter of qualification to the AARMR Board of Directors. Please note the membership requirements of the Consumer Advisory Council, per the AARMR By-Laws, Article VII, Section 9.01, 9.04 and 9.05. (See bottom of page for details)
Consumer Advisory Council Members
Baltimore Neighborhoods, Inc.
California Reinvestment Coalition
Center for Responsible Lending (CRL)
Community Law Center
Community Legal Services of Philadelphia
Lawyers' Committee for Civil Rights Under Law
National Association of Consumer Advocates
National Council of La Raza (NCLR)
National Economic Development Advocacy Project (NEDAP)
National Fair Housing Alliance
Pittsburgh Community Reinvestment Group
The purpose of the Consumer Advisory Council shall be to consult, advise and assist the Board of Directors on issues relating to residential mortgage regulation and to foster the goals, objectives and purposes of the Corporation. The Industry Advisory Council and the Consumer Advisory Council shall take under advisement and consider such issues as the Board of Directors may, from time to time, direct.
The Consumer Advisory Council shall be comprised of no more than 25 Consumer Affiliate Members. Each Consumer Advisory Council Member shall appoint a single individual as its designated representative, and may change its designated representative at any time upon written notice to the Board of Directors. Consumer Advisory Council Membership resides with the Member, is not transferable, and is not retained by an individual independent of his or her designated representative status. Any General Member may recommend a Consumer Affiliate Member to serve on the Consumer Advisory Council. Such recommendation shall be made to the President, who shall bring the recommendation to the Board of Directors for approval. The Board of Directors may vote at any meeting of the Board of Directors on such recommendations received. Consumer Advisory Council members shall serve for a two year term. Consumer Advisory Council members may serve any number of consecutive two year terms upon approval of the Board of Directors. The members of the Consumer Advisory Council may elect a Chairman who shall report regularly to the Board of Directors. Any member of the Consumer Advisory Council may be removed as provided in Section 1.04 above. Any vacancies on the Consumer Advisory Council shall be filled by recommendation by a General Member or by the President of the Corporation, with the approval of the Board of Directors. In considering recommendations for Consumer Advisory Council membership, the Board of Directors shall assess the candidate's potential to advance the goals, objectives and purposes of the Corporation. In particular, the Board of Directors shall consider whether the candidate:
(A) Contributes to a diversity of points of view;
(B) Is representative of and/or represents consumers;
(C) Possesses special knowledge, insight or skills relevant to the strategic objectives of the Corporation; and
(D) Represents relevant consumer constituencies.
In weighing these factors, the Board of Directors shall ensure that opportunities to serve are extended to those persons and organizations the Board of Directors believes will foster the development of the Corporation's goals, objectives and policies.
The Consumer Advisory Council shall meet in conjunction with the Annual Meeting of the General Members and at such other times as may be requested by the President or the Board of Directors.