Real estate, finance lender, and residential mortgage lender licenses: mortgage loan originators.
It became law on Oct 11, 2009.
- Stage
- Became law
- Started in
- Senate
- Sponsors
- 2
- Latest action
- Oct 11, 2009
What it does
(1) Existing law, the Real Estate Law, governs the licensing and regulation of real estate licensees, as defined, as administered by the Real Estate Commissioner. Existing law imposes specified requirements on real estate brokers who solicit borrowers or lenders or negotiate loans or collect payments or perform services for borrowers or lenders relative to loans secured by real property. A willful violation of the Real Estate Law is a crime.
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
Loading recorded actions…
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
- Calderon
- Pedro Nava
Where it goes next
Once a bill is decided, the questions are about what is done with it in California.