Skip to main content

Featured Industry Leader: John Repasky, President, Central Chapter of AzAMP

Phil Hall
Jun 19, 2017
For those who prefer renting to homeownership, a new study by WalletHub has determined that Arizona is the ideal state for a tenant-landlord relationship

John Repasky is founder and president of Scottsdale, Ariz.-based Counsel Mortgage Group LLC and president of the Central Chapter of the Arizona Association of Mortgage Professionals (AzAMP). National Mortgage Professional Magazine recently spoke with him regarding his work with this Chapter of his state’s trade association.
How and why did you first get involved in AzAMP? Can you share the track within your association that led to the leadership role in your chapter?
I have been in the mortgage business for approximately 15 years. I thought it would be good to give back to my profession, as it has been good to me. I was elected as president-elect of the Central Chapter of the AzAMP and now serve as the president of the Central Chapter.
Why do you feel members of the mortgage profession in your state join AzAMP?
To stay informed as to what is happening in the industry. We have monthly meetings where we discuss the topics of the day affecting our businesses, government affairs updates, and have a guest speaker give topical information. For example, we have had credit companies, financial analysts, state regulators and a congressman speak to our group.
What role does your association play in the legislative and regulatory environments? Are there any items on the current agenda you would like to highlight?
We are a member of NAMB and participate annually in the NAMB Legislative & Regulatory Conference in Washington, D.C. We share the same issues NAMB proposed at the Legislative Conference regarding loan originator education and removing payments to brokers in the three percent points and fees cap. We are interested in what will happen to Dodd-Frank in the new Trump Administration and how it will affect our businesses.
What do you see as your most significant accomplishments with AzAMP?
I am proud to be a part of an energetic team that makes up our Board. It is the work of the entire Board which advances our association. We’ve had membership drives, increased use of our Web site and social media, discussions regarding continuing education opportunities, and open meetings regarding the issues of the day.
In your opinion, what can be done to bring more young people into mortgage careers?
Education that our profession is one area where you can help people and make a good living. Many students come out of school wanting to help people. Our profession is one where you can directly help someone with, most likely, the most important financial decision of their lives. It is a rewarding profession where you know you helped someone achieve homeownership.
How would you define the state of the Arizona housing market?
The Arizona market is currently stable. We survived the housing crisis, and now see Boomerang Buyers re-entering the market, i.e. those who had unfortunate financial events years ago and now can qualify as their mandatory waiting periods are coming to an end. 
Phil Hall is managing editor of National Mortgage Professional Magazine. He may be reached by e-mail at [email protected].

Jun 19, 2017
ChainLogix Appoints New Vice President, Operations

Jeryl Graham hired to accelerate growth in title & mortgage services.

Industry News
Oct 15, 2021
JPMorgan Chase To Commit $8.4M To Improve Household Stability For The Underserved

JPMorgan Chase announced six organizations that will receive philanthropic capital as part of the firm’s $400 million five-year commitment to improve housing affordability and stability for Black, Hispanic and Latino, and other underserved households.

Oct 15, 2021
SRE Mortgage Alliance 'Restructuring & Reorganizing'

UPDATE: Owner of technology-based wholesale residential mortgage lender in El Segundo to determine organization's future.

Oct 15, 2021
Ginnie Mae Issued Record MBS Volume In FY2021

The record $939 billion issued included nearly $73 billion in September.

Industry News
Oct 14, 2021
UWM Completes Test Of Cryptocurrency Mortgage Payments

United Wholesale Mortgage evaluated and accepted the first-ever cryptocurrency mortgage payment in September and an additional five payments in October from borrowers.

Industry News
Oct 14, 2021
Arvielo Re-Appointed To HUD Advisory Committee

Nationwide mortgage lender New American Funding’s Co-Founder and President Patty Arvielo has been re-appointed to serve on the U.S. Department of Housing & Urban Development's Housing Counseling Federal Advisory Committee.

Industry News
Oct 13, 2021