"DOB Shutters Dozens Of Bay State Mortgage Cos."

[Surety Insider]

"The DOB has bent over backwards to make all the surety bonding information and annual report information available to these companies," Cuff said. "Somehow they either fell through the cracks, or these companies are not in business."

Read it here.

[Admin]

Our agency has a large book of mortgage broker bonds. We have seen record amounts of non-renewals. Some companies say they simply can no longer afford the bond while others are no where to be found. Phones disconnected, mail returned undeliverable, etc.