Industry NewsMortgage

States tighten up on real estate loan brokers

Proposed laws regulate mortgage professionals
Published on Mar 20, 2006

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by CareyBot

Impelled by concerns about issues including mortgage fraud and predatory lending, a number of states are introducing legislation to create or expand regulation for mortgage brokers.

Colorado and Alaska legislators are considering proposed laws regulating mortgage brokers, and a bill expanding regulation to loan originators as well as brokers was signed into law last Thursday in Washington ...

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