New Bills affect requirements for Mortgage Broker Bonds and Mortgage Lender Bonds

March 27, 2009

2008 saw a large increase in the amount of legislation pertaining to mortgage broker bonds and mortgage lender bonds (types of commercial bonds). Most of the legislation focused on tightening regulation on mortgage brokers and lenders, and also on increasing the specific license bond amounts. While a good amount of legislation has been passing, many states are willing to wait and see what the US Congress

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Category: Commercial Bonds, License Bond, Mortgage Broker Bond

Tags: mortgage broker, mortgage broker bonds, mortgage lender, mortgage lender bonds

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