Attention Mortgage Loan Origination Applicants: DRE Notices of Intent to Deny

The DRE has recently announced that it is issuing “Notices of Intent to Deny” in situations where the applicant does not hold a real estate license at the time of the application. This can lead to the formal denial of the MLO endorsement application. Such a denial becomes a type of regulatory action against the […]

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Advertising Team Names – What is The Rule? and Other Related Issues

Advertising Team Names: A team name is defined as a professional identity or brand name used by a salesperson and at least one other real estate licensee in the advertising of real estate services. Effective January 1, 2015, advertising that contains a team name must include, in a conspicuous manner, the licensee’s name and license […]

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Real Estate Licensees and Housing Discrimination

Q: Which state enforcement agency enforces Fair Housing laws in California? A: The Department of Fair Employment and Housing (DFEH) enforces state fair housing laws which make it illegal to discriminate on the basis of a protected characteristic such as: Race, color, religion, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, […]

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Applications and Background Disclosure Information: What Must You Report When Applying for a Real Estate License?

Applicants seeking licensure as a California real estate salesperson or a real estate broker are required to answer the four (4) background questions that appear below under penalty of perjury. Many applicants fail to fully understand the scope of information that each question covers. Others believe that if the background events in questions occurred more […]

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How to Remove Prior License Discipline From Your DRE License Profile

  Right now, in the midst of a great deal of uncertainty, many real estate professionals are taking time to create innovative new business plans. Others are evaluating new ways to streamline their brokerages into lean, mean, profit-making machines. All of these actions make sense right now. But, if you still have not taken care […]

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Who Needs an MLO Endorsement or MLO License When Engaging in Loan Origination Activity in California?

The definition of a mortgage loan originator (MLO): Mortgage loan originator means an individual who for compensation or gain in expectation of compensation or takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan. A residential mortgage loan is defined as a loan for personal, family, or household use […]

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Background Checks for Licensing as a Mortgage Loan Originator in California

Mortgage loan origination activity by a Department of Real Estate Licensee – whether a real estate broker or real estate salesperson – requires that the license holder apply to the DRE for an MLO ENDORSEMENT to the license that allows the licensee to engage in Mortgage Loan Origination Activity. The alternative to the DRE endorsement […]

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