Has anyone seen the text on SB 2226?  Loan originators must be licensed in Florida which I agree with; however, here's the definition of 'loan originator':

"an individual who, directly or indirectly, solicits or offers to solicit a mortgage loan, accepts or offers to accept an application for a mortgage loan, negotiates or offers to negotiate the terms or conditions of a new or existing mortgage loan on behalf of a borrower or lender, processes a mortgage loan application, or negotiates or offers to negotiate the sale of an existing mortgage loan to a noninstitutional investor for compensation or gain." 

Basically, anyone who is negotiang Florida short sales must be licensed as a 'loan originator' and that would include real estate agents as of this date because there is no exemption or at least none that I could see.  I wonder if this is gonna sneak through unchallenged...??

C'est la Vie.

 
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Paul Jerome

Clearwater, FL

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Seller Helps Buyer

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