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California Code, Financial Code - FIN § 50125

Current as of January 01, 2025 | Updated by Findlaw Staff

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.

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Cite this article: FindLaw.com - California Code, Financial Code - FIN § 50125 - last updated January 01, 2025 | https://codes.findlaw.com/ca/financial-code/fin-sect-50125/

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