
Consumer Laws That Apply to Business Purpose Loans
Business purpose loans are nontraditional mortgage loans where a borrower uses loan proceeds for a non-consumer purpose. A non-consumer purpose means any loan in which
Business purpose loans are nontraditional mortgage loans where a borrower uses loan proceeds for a non-consumer purpose. A non-consumer purpose means any loan in which
Private money transactions are governed by Article Five of the California Department of Real Estate (DRE) Regulations. Article Five covers scenarios like pooling of funds,
As the 2025 New York legislative session unfolds, Senate Bill S3177 has been reintroduced to the New York Senate. Originally introduced in the 2019 –
Lenders operating in Maryland can expect more changes regarding mortgage licensing laws, following the latest emergency regulations and guidance issued by the Maryland Office of
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