Posted by Bill Bronchick on June 10, 2009 at 16:16:52:
In Reply to: Re: The truth on House Bill 1787 posted by James on June 10, 2009 at 15:57:11:
Theoretically you'd have to be licensed. You could form a new entity for each deal and be exempt. You could have a local mortgage lender "originate" the note for you for a fee you charge your buyer. The penalty by the way for non compliance? 3x the origination fee. What if you don't charge an origination fee?
- Re: The truth on House Bill 1787 Milt 10:03:52 07/06/09 (0)
- Re: The truth on House Bill 1787 Lee 02:11:47 06/19/09 (2)
- Re: The truth on House Bill 1787 William bronhick 06:28:25 06/19/09 (1)
- Re: The truth on House Bill 1787 Lee 09:44:54 06/19/09 (0)
- Re: The truth on House Bill 1787 Bob Smith 00:34:56 06/12/09 (0)
- big deal or not big deal? Kristine-CA 11:38:30 06/11/09 (3)
- Re: big deal or not big deal? William Bronchick 11:43:47 06/11/09 (2)
- Re: big deal or not big deal? Ken-Orlando 18:15:00 06/12/09 (1)
- Re: big deal or not big deal? William Bronchick 22:28:16 06/12/09 (0)
- Re: The truth on House Bill 1787 michaela-CA 16:44:20 06/10/09 (1)
- Re: The truth on House Bill 1787 Dean 00:42:59 06/12/09 (0)