The recent credit crisis and major problems in the mortgage lending and real estate markets have brought about a number of new types of financial service providers. Subsequently, states are responding by attempting to create laws that require license bonds (surety bonds) for these new providers, such as foreclosure consultants, credit counselors, debt collection agencies, debt management services, and settlement servicers. Since most of this legislations was just recently introduced for the first time, it may take a year or two before the states are able to successfully enact these laws relating to license bonds.