Mortgage Broker Bonds: Legal Changes and Business Implications for Producers

Recorded On: 08/31/2010

This presentation looks at mortgage license and permit bonds in relation to the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 and how the act triggered changes in various state mortgage bond statues.

Corban Enns

President, Surety Solutions, LLC

Corban Enns is President and founder of Surety Solutions, LLC, in Salem, Oregon. The company provides support to mortgage companies in their growing demand for mortgage license and permit bonds. His initial exposure to surety bonds occurred while he was working for a Texas law firm specializing in multi-state licensing for mortgage companies. He was responsible for communicating with obligees and clients, ensuring their bonding requirements were met during license acquisition and in ongoing maintenance. 

Martha L. Perkins

Partner, Whiteford, Taylor & Preston, LLP

Martha L. Perkins is a partner in the law firm of Whiteford, Taylor & Preston, LLP in Washington, DC, and focuses her practice in construction, surety, and fidelity law. Ms. Perkins regularly represents owners, contractors, and subcontractors in contract negotiation and dispute resolution. She represents clients on “green” issues, including the language of green contracts, risk identification and mitigation, and arbitrating green disputes. She is a member of the Associated General Contractors of America’s Risk Management Committee and Contracts Documents Committee, the American Bar Association’s Forum on the Construction Industry, and the Washington Building Congress. Ms. Perkins has written extensively and lectures frequently on construction, surety, and fidelity law issues.

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