1/14/2010
General Enforcement: Mailing of Documents
Does “Mailed to Client” or “Mailed to Borrower” written on the mortgage brokerage agreement absent any other documentation sufficient to document the mailing of the mortgage brokerage contract within 3 days of application?
No, Section 494.0038(1)(b),F.S. states “the licensee bears the burden of proving that the borrower received and approved the agreement.”