California Code of Regulations
Title 10 - Investment
Chapter 6 - Real Estate Commissioner
Article 16 - Mortgage Loan Brokerage
Section 2849.01 - Annual Report Format
Current through Register 2024 Notice Reg. No. 12, March 22, 2024
For reports submitted to the Bureau, the following format shall be used by a real estate broker who meets the criteria of section 10232 and/or 10238 of the Code for the annual report required by section 10232.2(c) and 10238(p).
MORTGAGE LOAN/TRUST DEED ANNUAL REPORT
(Business and Professions Code Section 10232.2(c) or 10238(p))
| ___________________________ | |
| Name of Reporting Broker (Corporation or Individual) | |
| ___________________________ | |
| Principal Business Address |
This report covers mortgage loan brokerage and trust deed and from (month/day/year) to (month/day/year) real property sales contract transactions for the period from (month, day, year) to (month, day, year).
During the reporting period, mortgage loan/trust deed business activities were conducted by the reporting broker and his affiliates at the following address(es) in addition to the principal business address above:
___________________________
___________________________
___________________________
| Report Data | Article 71 Loans | Other Loans | |||||
| I. | LOANS ORIGINATED AS AGENT (B&P Code Section 10131(d)).......................... | ||||||
| TOTAL LOANS | |||||||
| Number.......................... | ___________________________ | ___________________________ | |||||
| Aggregate Principal Amount.......................... | $ | ___________________________ | $ | ___________________________ | |||
| Total Commissions Received from All Loans Originated as Agent.......................... | $ | ___________________________ | $ | ___________________________ | |||
| A. | MULTIPLE LENDER LOANS (FRACTIONALIZED)2 | ||||||
| 1) | Total Number of Loans.......................... | ___________________________ | ___________________________ | ||||
| 2) | Aggregate Principal Amount.......................... | $ | ___________________________ | $ | ___________________________ | ||
| 3) | Aggregate Number of Investors.......................... | ___________________________ | ___________________________ | ||||
| B. | LOANS TO REFINANCE3 LOANS PREVIOUSLY NEGOTIATED BY REPORTING BROKER OR AFFILIATE4 | ||||||
| 1) | Number.......................... | ___________________________ | ___________________________ | ||||
| 2) | Aggregate Principal Amount.......................... | $ | ___________________________ | $ | ___________________________ | ||
| C. | BALLOON PAYMENT AND INTEREST-ONLY LOANS | ||||||
| 1) | Number.......................... | ___________________________ | ___________________________ | ||||
| 2) | Aggregate Principal Amount.......................... | $ | ___________________________ | $ | ___________________________ | ||
| D. | LOANS COVERED UNDER FINANCIAL CODE SECTION 4970 11 | ||||||
| 1) | Number.......................... | ___________________________ | ___________________________ | ||||
| 2) | Aggregate Principal Amount.......................... | $ | ___________________________ | $ | ___________________________ | ||
| II. | LOANS ORIGINATED AS PRINCIPAL (FUNDED BY BROKER) FOR RESALE (B&P Code Section 10131.1).......................... | ||||||
| TOTAL LOANS | |||||||
| Number.......................... | ___________________________ | ___________________________ | |||||
| Aggregate Principal Amount.......................... | $ | ___________________________ | $ | ___________________________ | |||
| Loan Origination Fees (Points) of all Loans Originated as Principal Funded for Resale.......................... | $ | ___________________________ | $ | ___________________________ | |||
| A. | LOANS TO REFINANCE LOANS PREVIOUSLY NEGOTIATED BY REPORTING BROKER OR AFFILIATE | ||||||
| 1) | Number.......................... | ___________________________ | ___________________________ | ||||
| 2) | Aggregate Principal Amount (at maturity).......................... | $ | ___________________________ | $ | ___________________________ | ||
| B. | BALLOON PAYMENT AND INTEREST-ONLY LOANS2 | ||||||
| 1) | Number.......................... | ___________________________ | ___________________________ | ||||
| 2) | Aggregate Principal Amount (at maturity).......................... | $ | ___________________________ | $ | ___________________________ | ||
| C. | PRINCIPAL (BROKER FUNDED) LOANS RESOLD | ||||||
| 1. | Single Purchaser.......................... | ||||||
| a) Number.......................... | ___________________________ | ___________________________ | |||||
| b) Aggregate Selling Price.......................... | $ | ___________________________ | $ | ___________________________ | |||
| 2. | Multiple Purchasers (Fractionalized)2 | ||||||
| a) Number.......................... | ___________________________ | ___________________________ | |||||
| b) Aggregate Selling Price.......................... | $ | ___________________________ | $ | ___________________________ | |||
| c) Aggregate Number of Purchaser.......................... | ___________________________ | ___________________________ | |||||
| D. | LOANS COVERED UNDER FINANCIAL CODE SECTION 4970 11 | ||||||
| 1) | Number.......................... | ___________________________ | ___________________________ | ||||
| 2) | Aggregate Principal Amount.......................... | $ | ___________________________ | $ | ___________________________ | ||
| III. | COSTS AND EXPENSES PAID BY BORROWERS TO THE BROKER IN ORIGINATED LOAN TRANSACTIONS5.......................... | ||||||
| Total.......................... | $ | ___________________________ | $ | ___________________________ | |||
| Retained by Broker or Affiliate for Services.......................... | $ | ___________________________ | $ | ___________________________ | |||
| IV. | LOANS FOR BROKER'S USE OR BENEFIT (B&P Code Section 10231.2) | All Loans/Sales | |||
| A. | Total Number.......................... | ___________________________ | |||
| B. | Number of Fractionalized Loans.......................... | ___________________________ | |||
| C. | Aggregate Amount Borrowed.......................... | $ | ___________________________ | ||
| V. | SALES OF NOTES AS AGENT (B&P Code Section 10131(e)).......................... | ||||
| TOTAL LOANS | |||||
| A. | .Number......................... | ___________________________ | |||
| B. | Aggregate Selling Price.......................... | $ | ___________________________ | ||
| C. | Commissions Received.......................... | $ | ___________________________ | ||
| D. | Multi-Lender Sales (Fractionalized) | ||||
| 1) | Number of Loans.......................... | ___________________________ | |||
| 2) | Aggregate number of Lenders/Investors.......................... | ___________________________ | |||
| 3) | Aggregate Selling Price.......................... | $ | ___________________________ | ||
| 4) | Commissions Received.......................... | $ | ___________________________ | ||
| VI. | RESALES AS PRINCIPAL OF NOTES PURCHASED BY BROKER (B&P Code Section 10131.1) | ||||
| TOTAL LOANS | |||||
| A. | Number.......................... | ___________________________ | |||
| B. | Aggregate Purchase Price.......................... | $ | ___________________________ | ||
| C. | Aggregate Resale Price.......................... | $ | ___________________________ | ||
| D. | Multi-Lender Resales (Fractionalized) | ||||
| 1) | Number of Loans.......................... | ___________________________ | |||
| 2) | .Aggregate number of Investors......................... | ___________________________ | |||
| 3) | Aggregate Selling Price.......................... | $ | ___________________________ | ||
| 4) | Commissions Received.......................... | $ | ___________________________ | ||
| VII. | SALES OF REAL PROPERTY SALES (RPS) CONTRACTS7 AS AGENT OR PRINCIPAL (B&P Code Sections 10131(e) and 10131.1) | ||||
| A. | Number.......................... | ___________________________ | |||
| B. | Aggregate Selling Price.......................... | $ | ___________________________ | ||
| VIII. | NOTE AND RPS CONTRACT SERVICING | ||||
| A. | .Total Number of Notes and/or Contracts Serviced During Reporting Period......................... | ___________________________ | |||
| B. | Number of Fractionalized Notes Serviced10.......................... | ___________________________ | |||
| C. | Total Dollar Amount of Payments Collected from the Borrowers During the Reporting Period including Payoffs8.......................... | $ | ___________________________ | ||
| D. | Total Dollar Amount of Payments Collected from the Borrowers on Fractionalized Loans during the Reporting Period, including Payoffs10.......................... | $ | ___________________________ | ||
| E. | Total Dollar Amount of Loans Serviced9.......................... | $ | ___________________________ | ||
| F. | Total Dollar Amount of Fractionalized Loans Serviced10.......................... | $ | ___________________________ | ||
| G. | Total Late Charges Received During the Reporting Period.......................... | $ | ___________________________ | ||
| H. | Total Late Charges Retained by Broker.......................... | $ | ___________________________ | ||
| I. | Number of Loans Prepaid.......................... | $ | ___________________________ | ||
| J. | Total Amount of Prepayment Penalties Paid by Borrowers.......................... | $ | ___________________________ | ||
| K. | Total Amount of Prepayment Penalties Retained by Broker.......................... | $ | ___________________________ | ||
| L. | Total Other Broker Charges for Servicing.......................... | $ | ___________________________ | ||
| M. | Number of Notices of Default Filed.......................... | $ | ___________________________ | ||
| N. | Number of Trustee's Sales, Judicial Sales or Deeds in Lieu of Foreclosure Recorded.......................... | ___________________________ | |||
To the best of my knowledge and belief the information contained in this report is true and correct.
| ___________________________ | |
| SIGNATURE OF BROKER OR DESIGNATED LICENSED OFFICER | DATE |
| ___________________________ | |
| PRINTED NAME OF BROKER OR DESIGNATED LICENSED OFFICER | LICENSE NUMBER(REPORTING BROKER) |
| ___________________________ | |
| NAME OF CORPORATION | BUSINESS TELEPHONE NUMBER |
If reporting broker is an individual licensee, he/she must sign this report. If reporting broker is a corporate licensee, the corporation's designated licensed officer must sign this report.
__________
1. ARTICLE 7 LOANS -- Loans of less than $30,000 secured by first deeds of trust on dwellings and loans of less than $20,000 secured by junior deeds of trust on dwellings.
2. MULTIPLE LENDER LOAN (FRACTIONALIZED) -- A loan funded through the sale of or offer to sell a series of notes secured directly by an interest in the same real property, or the sale of undivided interests in a note secured directly by real property equivalent to a series transaction.
3. 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.
4. 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. Should the affiliate meet the criteria of Section 10232, a separate report must be compiled and submitted for each entity.
5. COSTS AND EXPENSES -- For services enumerated in Section 10241(a) (appraisal fees, escrow fees, title charges, notary fees, recording fees, credit investigation fees) and any other charge made to the borrower. Total amount and amount retained by the broker, an affiliate or subsidiary.
6. A purchase or loan transaction in which the broker directly or indirectly obtained the use or benefit of the funds other than for commissions, fees, costs and expenses.
7. REAL PROPERTY SALES (RPS) CONTRACTS -- As defined in Section 10029 of the Business and Professions Code:
"Real property sales contract" as used in this part is an agreement wherein one party agrees to convey title to real property to another party upon the satisfaction of specified conditions set forth in the contract and which does not require conveyance of title within one year from the date of formation of the contract.
8. Includes payments collected on behalf of obligors.
9. Outstanding principal of each note on the last day of the fiscal year or the reporting period including fractionalized (multi-lender) loans.
10. Fractionalized (multi-lender) loans only.
11. Refer to Financial Code Section 4970(a) through (e) for the definition of a covered loan.
1. New section
filed 7-12-91; operative 8-11-91 (Register 91, No. 44).
2. Amendment
filed 11-8-93; operative 12-8-93 (Register 93, No. 46).
3. Amendment
of section and NOTE filed 11-9-2000; operative 12-9-2000 (Register 2000, No.
45).
4. Amendment of section and NOTE filed 2-28-2006; operative
3-30-2006 (Register 2006, No. 9).
5. Amendment of section and NOTE
filed 8-29-2007; operative 9-28-2007 (Register 2007, No. 35).
6.
Change without regulatory effect amending first paragraph filed 6-30-2014
pursuant to section
100, title 1, California Code of
Regulations (Register 2014, No. 27).
Note: Authority cited: Sections 10080, 10232 and 10232.2, Business and Professions Code. Reference: Sections 10232, 10232.2, 10236, 10240, 10241 and 10245, Business and Professions Code; and Sections 4970 and 4979, Financial Code.
