Idaho Mortgage Broker and Lender Bonds
This will repeal the existing bond requirements for mortgage lender and brokers. The previous law required a surety bond to be posted in the amount of $25,000 plus another $10,000 per branch. The State now has a mortgage recovery fund under the new law instead of a surety bond. This law became effective July 1, 2009.
Latest posts by Vic (see all)
- Credit Plan Lenders Bond for Virginia - March 16, 2012
- Public Official Bond for Snohomish Polytechnical College (WA) - March 15, 2012
- $25,000 West Virginia Reclamation Bond - March 14, 2012