Real estate blog entries tagged with credit expert by Brooke English (Credit Restoration Consultants)

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Home : Blogs : Brooke English : Brooke English's Blog : Tag "credit expert"

credit expert: Loan Modification Licensure in Florida - an Industry No Longer Without Regulation - 01/06/10 09:20 AM

The days of simply opening up shop and starting a loan modification business have come to an end in Florida. Individuals or businesses providing loan modification services must now be licensed as a mortgage broker by the Florida Office of Financial Regulation (OFR) in order to conduct business.
The Florida legislature recently passed Senate Bill SB 2226. This law makes significant changes to Florida's mortgage brokerage law - Chapter 494, Florida Statutes - effective January 1, 2010. In particular, the new law specifically covers negotiation of existing loans as being part of the duties of a mortgage broker. As such, any … (1 comments)

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Brooke English

Lake Placid, FL

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Credit Restoration Consultants

Address: 13790 North West 4th Street, Suite 111, Sunrise, FL, 33325

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