CMLA COVID-19 Update
March 26, 2020
 
Advocating for the Industry
CMLA has been hard at work advocating on your behalf as new legislation and executive orders are established to address the COVID-19 virus. We are working closely with the Colorado Governors Office, Secretary of State, State Senators, County and City Municipalities, State Trade Associations, and the Mortgage Bankers Association to ensure the mortgage industry is able to continue serving our communities.
 
Stay at Home Orders
CMLA's legislative team has been working with the state and each municipality in Colorado to ensure the language in their "Stay at Home" orders include our industry in their list of "essential" services.
 
We encourage all companies operating in Colorado to comply with the "Stay at Home" order that was issued by Governor Polis on March 25, 2020. This order designates "services related to financial markets" as "essential", which allows employees from the lending industry to work outside of their home when necessary to perform their job duties.
 
Remote Online Notary
We have been in contact with Senator Gardner's office as well as the MBA to support the passage of the federal "SECURE Notarization Act" legislation. This bill would enable all states to begin using remote online notarization services even if the state legislature has not passed their own remote notary legislation.
 
Industry COVID-19 Resources
CMLA has a new COVID-19 Resources page with links to guidance from state and federal agencies, including the GSEs.
 
Industry Webinars
There are two upcoming webinars that focus on best practices for operating in the new business environment.
 
Webinar: Lender Business Continuity in Response to the COVID-19 Environment
Hosted By: MERS, Freddie Mac, and Fannie Mae
Date: Thursday, March 26, 2020
Time: Noon - 1:00 PM (Mountain Time)
An industry-wide webinar to assist lenders in preparing to go fully Digital with eMortgages, eNotes, and eRecordings. Capacity for the webinar is limited, but the webinar will be recorded and available as a webcast for those who cannot participate. If you do not have a MERS Member Number, enter 1000001 to register for the webinar.
 
Webinar: Managing Remote Teams - April 2020
Hosted By: CMLA and Julie Piepho, Milestone Leadership Consulting
Date: Thursday, April 2, 2020
Time: 11:00 AM - Noon (Mountain Time)
Learn about a variety of tips and strategies to effectively manage teams in a work-from-home environment.
 
Our Commitment 
We will continue to advocate on your behalf and provide updates on legislation and best practices that will help you navigate the impacts of the virus to your business.
 
Thank you for supporting CMLA and please feel free to reach out to me with any questions or concerns.
 
Regards,
 
Wes Phillips
Executive Director
Colorado Mortgage Lenders Association
wes@cmla.com
(303) 773-9568
 
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Colorado Mortgage Lenders Association
7600 E ORCHARD RD STE 200S
GREENWOOD VLG, CO 80111-2581
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