Loan modification licensure in Florida – an industry no longer without regulation
Loan modification licensure in Florida – an industry no longer without regulation
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 …
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Tags: Florida, Industry, licensure, loan, Longer, Modification, Regulation, Without