AILA Members and Friends:
Licensees were sent the attached announcement from the Bureau of Loans this week. I trust that you received a copy. The Banking Department and Bureau of Loans have been considering this shifting of personnel for some time and have now made the announcement.
From the viewpoint of Licensees, it should be noted that none of the personnel are new to the Department. All have long experience and know consumer finance. Jeremy Windham, who will take Scott Corscadden’s position as Supervisor of the Bureau of Loans, has been working with Scott for years—primarily in the Deferred Presentment and Mortgage Lending space—but also in traditional installment lending. Ms. Baldwin and Ms. Kirby are also well known to us.
We have enjoyed a great working relationship with the Department and Bureau, and I know that this will continue. We congratulate the members of the Department who have been elevated to their new positions of responsibility, and we pledge to work collaboratively with all to keep our relationship secure.
Maury
