California Code of Regulations › Title 10 - Investment › Chapter 6 - Real Estate Commissioner › Article 16 - Mortgage Loan Brokerage › Section 2849 - Annual Report Format

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
The following format shall be used by a real estate broker
				  who meets the criteria of Section
				  10232 of the Code for the annual
				  report required by Section
				  10232.2(c).
MORTGAGE LOAN/TRUST DEED ANNUAL REPORT
(Business and Professions Code Section
				  10232.2(c))
___________________________
(Name of Reporting Broker)
___________________________
_____________________________________________(Principal
				  Business Office Address)
This report covers mortgage loan brokerage and trust deed and
				  real property sales contract transactions for the period from
				  ____________________, 19___, to ____________________, 19___.
During the reporting period, mortgage loan/trust deed
				  business activities were conducted by the reporting broker and his affiliates
				  at the following address in addition to the principal business address
				  above:
___________________________
___________________________
___________________________
___________________________
I. LOANS ORIGINATED AS AGENT (Section
				10131(d))
Article 7*
						  Loans
Other Loans
A.
Total Loans
Number
___________________________
___________________________
Aggregate Principal Amount
$
___________________________
$
___________________________
Commissions Received
$
$
___________________________
B.
Multiple Lender Loans
						  (Fractionalized)**
Number
___________________________
___________________________
Aggregate Principal Amount
$
___________________________
$
___________________________
C.
Loans to Refinance***Loans
Previously Negotiated by Reporting Broker or
						  Affiliate****
Number
___________________________
___________________________
Aggregate Principal Amount
$
___________________________
$
___________________________
D.
Balloon Payment and Interest-Only
						  Loans
Number
___________________________
___________________________
Aggregate Principal Amount (at
						  maturity)
$
___________________________
$
___________________________
II.
				LOANS ORIGINATED AS PRINCIPAL (FUNDED BY BROKER) FOR RESALE (Section
				10131.1)
Article
						  7*
Other
Loans
Loans
A.
Total
						  Loans
Number
___________________________
___________________________
Aggregate Principal
						  Amount
$
___________________________
$
___________________________
Loan Origination or Other Fees in
						  Lieu of Commission
$
___________________________
$
___________________________
B.
Loans to Refinance Loans
						  Previously Negotiated By Reporting Broker or Affiliate
Number
___________________________
___________________________
Aggregate Principal
						  Amount
$
___________________________
$
___________________________
C.
Balloon Payment and
						  Interest-Only Loans Number
___________________________
___________________________
Aggregate Principal Amount (at
						  maturity)
$
___________________________
$
___________________________
D.
Principal (Broker Funded) Loans
						  Resold
1. Single Purchaser
a.
						  Number
___________________________
___________________________
b. Aggregate Selling
						  Price
$
___________________________
$
___________________________
2. Multiple Purchasers
						  (Fractionalized)**
a.
						  Number
___________________________
___________________________
b. Aggregate Selling
						  Price
$
___________________________
$
___________________________
III.
				COSTS AND EXPENSES CHARGED TO BORROWERS IN ORIGINATED LOAN TRANSACTIONS*****
Total
$
___________________________
$
___________________________
Retained by Broker or Affiliate for
						  Services
$
___________________________
$
___________________________
IV.
				LOANS FOR BROKER'S USE OR BENEFIT (Section
				10231.2)
All
						  Loans/Sales
Number
___________________________
Aggregate Amounts Borrowed
$
___________________________
V.
				SALES OF NOTES AS AGENT (Section
				10131 (e))
Number
___________________________
Selling Price
$
___________________________
Commissions Received
$
___________________________
VI.
				RESALES AS PRINCIPAL OF NOTES PURCHASED BY BROKER (Section
				10131.1)
Number
___________________________
Aggregate Purchase Price
$
___________________________
Aggregate Resale Price
$
___________________________
VII.
				SALES OF REAL PROPERTY SALES (RPS)CONTRACTS****** AS AGENT OR PRINCIPAL
				(Sections 10131(e) and
				10131.1)
Number
___________________________
Aggregate Selling Price
$
___________________________
VIII.
				NOTE AND RPS CONTRACT SERVICING
A.
Number Serviced by Broker or
						  Affiliate
___________________________
B.
Late Charges
$
___________________________
1. Total Late Charges Paid
$
___________________________
2. Retained by Broker or Affiliate
$
___________________________
C.
Prepayment Penalties
1. Number Prepaid
___________________________
2. Total Paid by Borrowers
$
___________________________
3. Retained By Broker or Affiliate
$
___________________________
D.
Total Other Charges of Broker or Affiliate
						  for Servicing
$
___________________________
E.
Notice of Default Filed
___________________________
F.
Trustee's Sale, Judicial Sales or Deeds in
						  Lieu of Foreclosure Recorde
___________________________
To the best of knowledge and belief the information contained
				  in this report is true and correct.
___________________________Date:
___________________________
Signature
___________________________License No.
__________
*
Article 7 loans are loans of less than
						  $20,000 secured by first deeds of trust on dwellings and loans of less than
						  $10,000 secured by junior deeds of trust on dwellings if originated before
						  January 1, 1991; or loans of less than $30,000 secured by first deeds of trust
						  on dwellings and loans of less than $20,000 secured by junior trust deeds on
						  dwellings if originated on or after January 1, 1991.
**
Fractionalized loan (sale)--One funded
						  through the issuance of a series of notes of equal priority secured by the same
						  real property, or the sale of undivided interests in a single note secured by
						  the same real property, to two or more persons not otherwise associated.
***
Loan to refinance--A loan funded within 90
						  days of the maturity date of an existing obligation of the borrower in which 75
						  percent or more of the proceeds made available to the borrower are applied to
						  pay off the existing obligation.
****
Affiliate--Any entity in which an
						  individual reporting broker or an officer, director or shareholder of a
						  corporate reporting broker has more than a nominal financial interest or from
						  whom the reporting broker receives any form of compensation for the referral of
						  business in connection with the reporting broker's mortgage loan
						  activities.
*****
For services enumerated in Section
						  10241(a) and any
						  other charge made to the borrower.
******
As defined in Section
						  10029
						  of the Business and Professions Code.
1. New section
				  filed 12-11-73 as an emergency; designated effective 1-1-74. Certificate of
				  Compliance included (Register 73, No. 50). For history of former section, see
				  Register 61, No. 5.
2. Amendment filed 1-16-76; effective thirtieth
				  day thereafter (Register 76, No. 3).
3. Amendment filed 2-2-76 as an
				  emergency; designated effective 2-15-76 (Register 76, No. 6).
4.
				  Certificate of Compliance filed 3-5-76 (Register 76, No. 10).
5.
				  Amendment filed 1-17-80; effective thirtieth day thereafter (Register 80, No.
				  3).
6. Repealer and new section filed 5-13-82; effective thirtieth
				  day thereafter (Register 82, No. 20).
7. Amendment filed 7-12-91;
				  operative 8-11-91 (Register 91, No. 44).
8. Editorial correction of
				  printing errors (Register 91, No. 44).
9. Editorial correction
				  (Register 95, No. 13).
Note: Authority cited: Sections
					 10080,
					 10232.2,
					 10248.9,
					 Business and Professions Code. Reference: Sections
					 10232,
					 10232,
					 10240,
					 10241,
					 10245,
					 and
					 10248.9,
					 Business and Professions Code.