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Showing posts from March, 2010

Surgeons Letter Opposing Health Care Reform as it stands in Bill

News from the American College of Surgeons
For Release: November 4, 2009

Contact: Barbara Hemberger

952-346-6232 952-346-6232 or

Sally Garneski

312-202-5409 312-202-5409

Twenty Surgical Groups Say Senate Health Legislation
Will Threaten Patient Access and Harm Quality

Washington, D.C. (November 4, 2009) – Twenty surgical organizations, led by the American College of Surgeons, sent a letter to the U.S. Senate today stating they are prepared to oppose the Senate’s health care reform bill because it will threaten patient access and harm quality. Surgeons state that as the legislation currently stands, it fails to address some of the fundamental problems that plague the health care system.
“We strongly support health care reform that will expand access to quality surgical and medical care to as many Americans as possible, but we cannot support legislation that puts at risk both quality of care and patient access,” said A. Brent Eastman, MD, FACS, chair of the American College of Surgeo…

NEW licensing requirements for Mortgage Brokers

Effective January 1, 2010, any Mortgage Loan Broker (MLB) who makes, arranges or services residential or commercial mortgage loan secured by real estate in California must report to the Department of Real Estate (DRE) prior to January 31, 2010. This report must be done online at the DRE’s website ( using Form RE 866, Mortgage Loan Activity Notification. Additionally, future periodic business activity disclosures are required as in the past.
Failure to submit the Mortgage Loan Activity Notification prior to January 31, 2010 will result in a fine of $50 per day for the first 30 days the report is not filed.

Any licensees making, arranging or servicing consumer loans secured by one-to-four unit residential property, called Real Estate Settlement Procedures Act (RESPA) loans, must obtain a Mortgage Loan Origination (MLO) endorsement on their real estate license prior to January 1, 2011.

In addition to the endorsement required on the real estate license for making or arrangi…