Mortgage Broker Bonds - What constitutes claim?

Bond Magician · #1 (**permalink**) 06-11-2008, 03:16 PM

In what situation would a claim be filed against a mortgage broker company? Who would file the claim?

Surety Queen · #2 (**permalink**) 06-16-2008, 08:24 AM

Quote:

Originally Posted by Bond Magician

In what situation would a claim be filed against a mortgage broker company? Who would file the claim?

Anyone doing business with the mortgage broker company could file a claim. A claim could be filed if the mortgage broker does anything illegal with regards to the rules and regulations of the state in which they are licensed.

Mother Bond · #3 (**permalink**) 07-30-2008, 12:26 PM

Quote:

Originally Posted by Surety Queen

Anyone doing business with the mortgage broker company could file a claim. A claim could be filed if the mortgage broker does anything illegal with regards to the rules and regulations of the state in which they are licensed.

How does a claim get filed?

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