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2009 Florida Statutes
Mortgage lender or correspondent mortgage lender when acting as a mortgage brokerage business.
1494.0073 Mortgage lender or correspondent mortgage lender when acting as a mortgage brokerage business.--Sections 494.006-494.0077 do not prohibit a mortgage lender or correspondent mortgage lender from acting as a mortgage brokerage business. However, in mortgage transactions in which a mortgage lender or correspondent mortgage lender acts as a mortgage brokerage business, the provisions of ss. 494.0038, 494.004(8), 494.0042, and 494.0043(1), (2), and (3) apply.
History.--ss. 44, 50, ch. 91-245; s. 4, ch. 91-429; s. 26, ch. 99-213; s. 12, ch. 2007-182; s. 58, ch. 2009-241.
1Note.--Section 58, ch. 2009-241, amended s. 494.0073, effective October 1, 2010, to read:
494.0073 Mortgage lender when acting as a mortgage broker.--The provisions of this part do not prohibit a mortgage lender from acting as a mortgage broker. However, in mortgage transactions in which a mortgage lender acts as a mortgage broker, the provisions of ss. 494.0038, 494.004(2), 494.0042, and 494.0043(1), (2), and (3) apply.