Statute · California Financial Code
Cal. Fin. Code § 50125 — Licensing: Residential Mortgage Lender
Cal. Fin. Code § 50125
- Type
- Statute
- Source
- California Financial Code
- Jurisdiction
- California
- Date
- 2009-10-11
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The commissioner may refuse to issue a residential mortgage lender or servicer license if any of the following apply:
Citator
Cal. Fin. Code § 50125 — Licensing: Residential Mortgage Lender is in force in the current edition of the Code, and nothing recorded condemns it.
The commissioner may refuse to issue a residential mortgage lender or servicer license if any of the following apply:
(a) The applicant is not in material compliance with a provision of this division or an order or rule of the commissioner.
(b) The commissioner cannot make the findings specified in subdivision (c) of Section 50121.
(c) A material requirement for issuance of a license has not been met.