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 Issue of January 14, 2008 
   

Bonding Requirement A Concern for Brokers
‘Forfeiture’ Clause, Cost and Availability Questioned As Mortgage Industry Readies for New Licensing Rules


David Hadlock
Net worth a barrier
By Amy Wyeth
New bonding requirements for Massachusetts mortgage brokers and lenders, along with proposed changes in responsibilities for the companies that bond them, are combining to cause confusion and worry.

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