Requirement Changes

[grasshopper]

I have recently heard that a few states are changing some of their requirements, do you know which states they are?

[Surety Wizard]

There are a few states that have made some changes. Connecticut will be going $80,000 in August 2009, Massachusetts will be 75K for broker and 100K for lender with a 12/31/08 compliance, Iowa is increasing from 50K to 100K for mortgage bankers, Ohio Lenders must post 100K unless they are not for profit then it is 50K. There may be more changes that I am not aware of. I recommend contacting the individual state you want to be licensed in and confirming all amounts of the bonds that would be required.