The Solano Realtist Association falls under the umbrella of the National Association of Real Estate Brokers. It is important that I give you a brief history of our organization, which will shed some light on our objectives.
Our organization was founded in 1947, making it the oldest minority trade association in America. Eleven African-American men, and one African-American woman, saw the need to secure the right to equal housing opportunities regardless of race, creed or color. Members of the National Association of Real Estate Brokers are called Realtists and represent all professional disciplines within the real estate industry.
Since its inception, the National Association of Real Estate Brokers has participated in various meaningful challenges and legislative improvements, to establish fair housing for all people.
Our local chapter is poised to bring education to our local community to help answer those pressing questions concerning homeownership, foreclosures, short sales, types of loans, etc. We are currently coordinating various programs and educational opportunities that will prove to be valuable to our members and the local community. This education is more valuable now than ever before, simply because so many of our homeowners have elected to walk away from their homes, only to have found out later that they had options.
Due to the lack of oversight by the government, our economies fell into a deep recession stemming from poor regulation of our financial institutions.
There has been much debate about what went wrong with the housing market, and whether the new legislative and regulatory remedies will ensure a different and better outcome. From the establishment of the Consumer Financial Protection Bureau to the SAFE Act, the federal government has made the transparency of mortgage products and the protection of borrowers a renewed priority. Yet, as consumers and real estate markets continue on the long road to recovery, we need to ensure our policy actions today set a strong foundation for sustainable homeownership for the years to come and not hamper the ability of homebuyers to achieve their dreams of homeownership.
I would like to thank all of our sponsors for all of their support, especially our platinum sponsor, Wells Fargo Bank. It would be virtually impossible for our association to pursue the goals and aspirations of our founders without the support of our sponsors.
I also want to thank all of the officers and members of the Solano Realtist Association, our many clients, our industry professionals, and family and friends who have supported this chapter over the years.
Carolyn Holden is president of the Solano Realtist Association.