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State-by-state tally of mortgage broker rules

Started by Brezhnev, December 18, 2006, 11:32:21 AM

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Brezhnev

Hi
Definition: A mortgage broker bond is required by the state in which a mortgage broker/lender may be operating in. This bond guarantees the brokers license that he or she will abide by the laws, rules & regulations required under the mortgage broker licensure code. Each state has their own law and as such, each state has individual bonds.
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JongWK

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