colorado real estate: 1/2 of Colorado Mortgage Brokers' Licenses Deactivated
- 09/01/09 06:10 AM
Always use a broker you know and trust. According to Renee McGaw of the Denver Business Journal, as of today, the Colorado Division of Real Estate has deactivated "4,560 mortgage broker licenses." Back in 2008, the state instituted licensing of mortgage brokers and all of the state's brokers were given licenses with the understanding that within 1 year, they would complete the state's mandatory licensing tasks of continuing education, a licensing test and a criminal background check. Many brokers rose to the challenge and fulfilled the requirements by the January 1, 2009 deadline. According to McGaw, the state extended the deadline … (3 comments)
Always use a broker you know and trust. According to Renee McGaw of the Denver Business Journal, as of today, the Colorado Division of Real Estate has deactivated "4,560 mortgage broker licenses." Back in 2008, the state instituted licensing of mortgage brokers and all of the state's brokers were given licenses with the understanding that within 1 year, they would complete the state's mandatory licensing tasks of continuing education, a licensing test and a criminal background check. Many brokers rose to the challenge and fulfilled the requirements by the January 1, 2009 deadline. According to McGaw, the state extended the deadline … (3 comments)
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