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Loan Modification

: Loan Modification & Home Loan News

Mortgage Brokers Get Criminal Check, Tests Under Mortgage Reform Rules

By Moe Bedard

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California mortgage brokers face closer scrutiny as the state adopts a federal law aimed at curbing the fraud and abuse that helped decimate the housing market. Brokers in the nation?s most populous state will be required by July 31 to have passed criminal-background and credit checks, as well as licensing exams. California, along with about [...]

Full post as published by Loan Modification & Home Loan News on July 21, 2010 (boomark / email).

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