Section 50125.

Cal. Financial Code - FIN § 50125.
in effect
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The commissioner may refuse to issue a residential mortgage lender or servicer license if any of the following apply: (a) The applicant is not in material compliance with a provision of this division or an order or rule of the commissioner. (b) The commissioner cannot make the findings specified in subdivision (c) of Section 50121. (c) A material requirement for issuance of a license has not been met.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

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