SURETY SOLUTIONS BLOG

Don't know where to start? Start here: "What Is A Surety Bond?"  

 

A Complete Guide To The SAFE Mortgage Licensing Act

By Crystal Ignatowski on Jun 22, 2017 11:19:00 AM in

Mortgage Bonds

  If you have been involved in the mortgage industry recently, you probably have been exposed to the SAFE Mortgage Licensing Act. You might have even been to exposed to it without even knowing it. So what is the SAFE Act, really? If you are involved in the mortgage industry, you'll want to know....

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What Is A Mortgage Bond?

By Crystal Ignatowski on Jun 12, 2017 10:00:00 AM in

Mortgage Bonds

  A mortgage bond, in regards to surety, is a type of license and permit surety bond required by a state agency for licensure pertaining to mortgage activities.  This is not to be confused with mortgage bonds that are also known as mortgage backed security bonds. There are a number of different ...

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What Is The Difference Between A State Recovery Fund Vs. A Mortgage Bond?

By Duke Revard on Jun 6, 2017 9:05:00 AM in

Mortgage Bonds

    When you're looking into mortgage bonds, you might run across the term " recovery fund." How is a recovery fund different from a mortgage bond? Can you choose between them?   While some states provide the option of contributing to a recovery fund, in most states a mortgage bond is your way of ...

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Colorado E&O Insurance - What It Is & How Much It Costs

By Duke Revard on May 31, 2017 9:22:00 AM in

Mortgage Bonds

  If you are trying to get your Colorado Mortgage Loan Originator License, you will need to get Colorado E&O insurance. Every active mortgage loan originator licensee will need to secure an Errors and Omissions insurance policy. Colorado E&O insurance is also appropriate coverage for anyone who ...

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Recovery Fund Or Mortgage Bond: What Does Your State Require?

By Crystal Ignatowski on May 31, 2017 9:01:00 AM in

Mortgage Bonds

  Does your state have a recovery fund for mortgage claims, or are your mortgage clients covered by a surety bond? Not sure? Read on to find out.  ...

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How To Get A West Virginia Real Estate Broker License

By Crystal Ignatowski on Apr 28, 2017 11:21:00 AM in

Mortgage Bonds, Real Estate Bonds

  Thinking of becoming licensed as a real estate broker in the state of West Virginia? The West Virginia Real Estate Commission handles the licensing process, and these are the requirements you must meet to get licensed.   ...

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Your Guide To Getting An Oregon Real Estate Marketing Organization License

By Rick Marsland on Feb 2, 2017 3:17:00 PM in

Mortgage Bonds, Real Estate Bonds

  Any person or company engaged in marketing real estate in the state of Oregon is required to be licensed under ORS 696.606.  In order to get an Oregon Real Estate Marketing Organization License, you will need to do the following:...

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Continuing Education Requirements For Mortgage Licensees

By Crystal Ignatowski on Nov 16, 2016 10:30:00 AM in

Mortgage Bonds

  It’s that time of year again. The weight of completing your continuing education courses to maintain your mortgage license weighs heavy on your shoulders. If this is you, you are not alone. We’ve compiled this list of resources and information to help you complete your continuing education ...

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How To Become A Loan Officer In Colorado

By Jud Webre on Jan 1, 2016 2:07:00 PM in

Mortgage Bonds

What is a Mortgage Loan Officer?   A Mortgage Loan Officer is an organization or individual that works with a borrower to carry out a mortgage transaction. Mortgage Loan Officers are also called Mortgage Loan Originators, Loan Officers, or LO's.   All persons who originate a mortgage, offer to ...

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What Is SAFE Act And How Does It Relate To Mortgage Bonds?

By Duke Revard on Oct 12, 2015 7:34:00 AM in

Mortgage Bonds

    Is my mortgage safe? When an individual or a business is pursuing a new mortgage, they don't want to question the safety and legitimacy of their mortgage. During the mortgage meltdown of 2008, there was a lot of financial uncertainty. The SAFE ACT was the federal government's response, and it ...

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