MBA releases state-by-state commercial/ multifamily mortgage banking licensing resource.

AuthorAhmad, Ali

The Mortgage Bankers Association (MBA) announced a new member benefit for lenders: a state-by-state compilation of commercial/multifamily mortgage state licensing laws.

"This resource will help members navigate the sometimes murky waters of state licensing regimes," said MBA President and CEO David Stevens. "While nothing can replace appropriate legal counsel, this tool can help an MBA member assess state requirements and engage in business planning for the future."

Stevens said this information will provide an initial resource for MBA members who would benefit from a greater understanding of the applicable mortgage licensing law framework for various states.

Specifically, the...

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