What would trigger a claim?

[Redbull]

Hello,
Can you give me a specific example as to how a claim would arise? What illegal action must occur in order to trigger a claim?

[Admin]

There doesn't necessarilly have to be illegal action in order for a claim to be triggered. A claim can come about if the mortgage broker does not operate per the terms of the state license. State rules and regulation vary from state to state, so you will have to research in whatever states you plan to operate in.