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[Download] "Equity Corp. Holdings, Inc. v. Department of Banking and Finance" by Florida Court of Appeal " eBook PDF Kindle ePub Free

Equity Corp. Holdings, Inc. v. Department of Banking and Finance

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eBook details

  • Title: Equity Corp. Holdings, Inc. v. Department of Banking and Finance
  • Author : Florida Court of Appeal
  • Release Date : January 01, 2000
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 72 KB

Description

An appeal from an order of the Department of Banking and Finance. This appeal arises from a final order of the Department of Banking and Finance (Department) ordering Appellants to cease and desist operating their Mortgage Payoff Acceleration Program (MPAP) 1 without a license, in accordance with chapter 494, Florida Statutes. 2 At issue on appeal is whether Appellants' operation of the MPAP comes under the 1997 statutory definition of ""act as a mortgage lender."" 3 The Department adopted the hearing officer's findings and conclusions that Appellants had control over the funds in question, were ""servicing"" the mortgage loans, and therefore were mortgage lenders requiring licensing.


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