mortgage laws

North Carolina law tougher on mortgage branches, originators and lenders

Jul 6th, 2008 | By NetOriginator | Category: mortgage laws, north carolina mortgage

A new law is going into effect soon in North Carolina that will eliminate more originators, mortgage branches and companies in that state.
Very soon if you do not have a credit score of 600 or higher, your out!
The net worth for a broker now will $25,000 and require audited financials.
The education requirements will now require [...]