12 11, 2009

Pennsylvania Surety Bond Mortgage Licensing Requirements

2017-01-23T19:53:14-08:00November 12th, 2009|Mortgage Licensing News, Surety Bond|

SURETY BOND INFORMATION REGARDING THE MORTGAGE LICENSING ACT On August 5, 2009, Governor Edward G. Rendell signed into law as Act 31 of 2009, House Bill 1654 (P.N. 2448), which amends Pennsylvania’s existing mortgage licensing law, 7 Pa.C.S. Chapter 61, now titled the Mortgage Licensing Act (“MLA”), in order to implement the federal Secure and [...]

1 12, 2007

Largest Barrier to Mortgage Licensing

2015-05-24T14:25:13-07:00December 1st, 2007|Licensing Requirements, Mortgage License, Mortgage Licensing News, Surety Bond|

I get calls all of the time from companies that are interested in getting away from a net branch company and getting their own mortgage licenses. After hundreds of these conversations, I've been able to reduce the call to a simple question. What is your mortgage company's net worth? Now you may be thinking that [...]

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