Transcription of RE 7 - Mortgage Loan Broker Compliance Evaluation Manual
{{id}} {{{paragraph}}}
Example: barber
RE 7 - Mortgage Loan Broker Compliance Evaluation Manual
Mortgage Loan Broker Compliance Evaluation Manual RE 7 (Rev. 05/19) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Table of Contents SECTION General Business Practices ..2 SECTION Trust Fund Handling ..4 SECTION Borrower SECTION SECTION Fees ..6 SECTION Advance Fees ..7 SECTION Article 7 -Regulated Loans ..7 SECTION Article 5 -Private Money Transactions ..8 SECTION Article 6 Multi-Lender (Fractionalized) SECTION Business Activity and Mortgage Call SECTION Covered Loans -Financial Code Section 4970 et seq..17 SECTION Higher-Priced Mortgage Loans -Financial Code Section 4995 et SECTION Residential Mortgage Loan Report (RE 857) ..20 SECTION Licensees Acting as SECTION Nontraditional Mortgage Loan Mortgage Loan Broker Compliance Checklist ..22 Introduction This Mortgage Broker Compliance Evaluation Manual was prepared primarily to assist the real estate Broker who engages in Mortgage loan activities to assess Compliance with Department of real Estate ( Department ) requirements.
This manual should be used in conjunction with the Broker Compliance Evaluation Manual (RE 5), which covers broader licensing and compliance topics. Unless otherwise noted, all “Section” references areto the Business and Professions Code and “Regulation” references are to the Regulations of the Real Estate Commissioner.
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: