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California requires licensure of mortgage broker companies and individual mortgage loan officers. If you feel that your mortgage company is engaging in illegal or unfair lending practices, you can.
(13) "Institutional investor" means a depository institution, real estate investment trust, insurance company, real estate company, accredited investor as defined in 17 C.F.R. ss. 230.501 et seq., mortgage broker or mortgage lender licensed under this chapter, or other business entity that invests in mortgage loans, including a secondary mortgage market institution including, without.
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