Washington Mortgage Broker-Dealer License Surety Bond
Any person who effects transactions in mortgage paper securities in the State of Washington is deemed to be "broker-dealer" according to RCW 21.20.005[(3)] and must be licensed as a Mortgage Broker-Dealer. As part of the licensing requirements, the licensee must post and maintain a $100,000.00 Mortgage Broker-Dealer License Surety Bond.
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