July 21, 2009
I am extremely honored to receive this year's appointment to serve in the President’s role for this fine association and hopefully contribute to its profound heritage over this coming 103rd fiscal year.
First, I extend thanks to Larry Buster, CLTA’s immediate past president for his exceptional leadership during this past year. In addition, his apparent natural ability to balance levity and professionalism was welcomed during a year of regulatory and economic ups and downs.
As an industry, these past three years have in my opinion been unprecedented periods of economic and regulatory adversity. However, as individual member companies and as an association we have worked in earnest with our regulators in crafting regulations of a nature we could actually implement and comply with, while also maintaining our ability to operate our respective companies in a fiscally responsible manner.
While I am certain there are many additional obstacles ahead of us as an industry, below I have summarized my observations of our industry’s recent adversities, and in some discerning ways, accomplishments:
The above cited examples are only a few of my personal observations; however, I am confident there were several others and there will be many more to come in the future.
What has been accomplished as an association could not have been done without the dedication of a plethora of resources from you, the member companies and of course the dedicated efforts of the CLTA staff led by Craig Page. I know they are a lean staff of just four, but their number is no reflection upon their caliber. I am utterly amazed at the level of support provided by Craig, along with Cynthia Groom, Heather Starkey and Anthony Helton. I am sure you would agree that we, as members of this association, have never waned for support by this fine group of staff members. I look forward to working with all of them more closely over the coming year.
While I know we all realize that 2009 may quite possibly be another challenging year as we remain in a recession and in uncharted territories, with unemployment and foreclosure rates hitting quarter century highs, I remain cautiously optimistic. My anticipation and desire for this 2009-2010 fiscal year is that we, as an association and as business people, can finally work towards implementation of the now Amended Regulations and get that process behind us. I also remain hopeful, in a self-serving way, that outside of the normal legislative adversity we generally expect and have historically have always been faced with, we have the potential as an industry to have a propitious period and engage in healthy competition.I look forward to this opportunity to work within a dedicated group of committee members, board of governors and executive committee members. Their benevolence and time volunteered to focus on solutions for the betterment of the industry as a whole is greatly appreciated.