California Code of Regulations
Title 10 - Investment
Chapter 3 - Commissioner of Financial Protection and Innovation
Subchapter 11.5
Article 5 - Borrowers and Advertising
Section 1950.204.4 - "Blind" Advertising Prohibited
A residential mortgage lender, residential mortgage lender and servicer, mortgage servicer, or mortgage loan originator shall not use "blind" advertisements. "Blind" advertising is an advertisement used to solicit business that gives only a telephone number, post office or newspaper box number, or name other than that of the licensee.
1. New
section filed 11-25-96; operative 12-25-96 (Register 96, No. 48).
2.
Amendment filed 4-1-2010 as an emergency; operative 7-31-2010 (Register 2010,
No. 14). A Certificate of Compliance must be transmitted to OAL by 9-28-2010 or
emergency language will be repealed by operation of law on the following
day.
3. Editorial correction of HISTORY 2 (Register 2010, No.
40).
4. Amendment refiled 9-28-2010 as an emergency, including
further amendments; operative 9-28-2010 (Register 2010, No. 40). A Certificate
of Compliance must be transmitted to OAL by 12-27-2010 or emergency language
will be repealed by operation of law on the following day.
5.
Amendment refiled 12-23-2010 as an emergency; operative 12-23-2010 (Register
2010, No. 52). A Certificate of Compliance must be transmitted to OAL by
3-23-2011 or emergency language will be repealed by operation of law on the
following day.
6. Certificate of Compliance as to 12-23-2010 order
transmitted to OAL 3-14-2011 and filed 4-25-2011 (Register 2011, No.
17).
Note: Authority cited: Section 50304, Financial Code. Reference: Sections 50308 and 50314, Financial Code.