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Mortgage Licensing

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AIR DATE: July 16, 2009

The Nevada Legislature mandated licenses for foreclosure consultants and mortgage modification experts. The rules were finalized earlier this month and we talk with the top official in charge of the new licensing program to see what it takes to get a license and what borrowers should know about the new system. Joe Waltuch, the commissioner of the Nevada State Mortgage Lending Division, joins us.

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