If you’re a nonbank mortgage loan servicer in Pennsylvania and not prepared for the new state licensing rules, you’ll need to get started soon! Governor Tom Wolf signed Pennsylvania Senate Bill 751 into law back in December last year. The bill brings a number of new rules that nonbank mortgage servicers in Pennsylvania will need to follow to operate as mortgage providers in the state.
Continue reading “New Licensing and Bonding Requirements for Pennsylvania Nonbank Mortgage Servicers”
While consumers often confuse insurance and surety bonds, agents understand that these products are very different, and each requires an agent with unique skills and experience to secure the best prices. As an insurance agent, it can seem counterintuitive to send your insurance clients elsewhere when they need help securing a surety bond, but you might be surprised to learn that referring your clients to a surety bond specialist can be good for business! Continue reading “How Insurance Agents Retain Clients By Referring Them To Surety Bond Agencies”
You may have heard about surety bonds but aren’t really sure what they are… Many people get confused between bonds and insurance but although they appear similar they can have very different implications for both businesses and consumers.
Continue reading “Surety Bonds vs. Insurance Policy”
When it comes to buying a surety bond one of the first questions applicants ask is, “how much will the bond cost?” Surety bonds come in many types, many sizes…and many prices, ranging from as little as $100 to thousands of dollars. So, what determines the cost of a surety bond? Well, a number of factors.
Continue reading “Surety Bond Rates Explained”
California now boasts the largest legal market for recreational marijuana in the US after new laws came into effect on January 1, 2018 that legalized the industry within the state. Continue reading “Marijuana Surety Bonds in California”
When the tax deadline approaches each year many people rely on professionals to help with their personal and business tax returns, and if you work in tax preparation you’re probably already experiencing the surge of the tax season rush. Continue reading “Surety Bonds Needed for Nevada Tax Preparers”
If you’ve never heard of a sales tax surety bond before don’t worry, you’re not alone! A sales tax bond is a type of surety bond that’s generally only required if you operate a business in certain industries. Continue reading “Why Your Business Might Need a Sales Tax Surety Bond”
Guardianship bonds fall into the category of court bonds. Courts often step in to appoint guardians when a person is mentally or physically incapacitated, elderly, or a minor. Continue reading “Surety Bonds for Guardianship”
With some of the most expensive construction projects in the country currently underway it’s clear that 2018 is set to be a big year for large construction projects. Here are a few highlights of big US construction projects happening in 2018: Continue reading “4 Big US Construction Projects Happening in 2018”
Mobile home dealerships that sell either new or used mobile homes are often required to maintain a mobile home dealer bond. Continue reading “The Basics of Mobile Home Dealer Bonds”