Which states require Surety Bond for collections in USA

What is debt collection? According to an old saying, “Fine wine gets better with time but” debts never do. There come scenarios when you can’t recover your own money from the debtors and here comes the role of Debt collection. A debt collector is a...

How much is a Mortgage Broker Surety Bond

What is a mortgage broker? A mortgage broker is an individual that connects people who need mortgages with financial institutions that provide them. Mortgage brokers usually have access to a multitude of lenders and programs, which gives borrowers more options than...

How much does a Surety Bond need to be in MN mortgages

What is a mortgage bond? Mortgage bonds are a type of bond that is secured by the mortgage or pool of mortgages. They typically hold real estate holdings and property such as equipment, making them safer than other types of loans for investors to take on. These...

How is a Surety Bond different from Insurance

How are surety bonds different from insurance? There’s a big difference between the two. Insurance is designed to help people who have accidents and need money quickly, or if their home burns down for example. Sureties on the other hand protect third parties...