Maryland has very strict laws about compliance, not the least of which are some very explicit contract requirements, and there are some real penalties involved with non-compliance (given the extent of the laws, even the best contractors may likely to be in violation of at least something).For more information about the Guaranty Fund, see: http://www.dllr.state.md.us/license/mhic/mhiccomp.....Best of luck to you and should you need more information, feel free to reach out.

You have to be extremely strict, foreclosing, and keeping your interest rates high just to make it work.

So depending on the municipality it could be very strict or very lenient. 

The issue is federal regulation dictates how much a lender can charge in fees compared to the size of the loan.

You may have a license and not be in business....but in the eyes of the government, you have a professional license to practice a regulated activity, and will treat you no different than the guy making millions per year selling real estate.Cost is the other overlooked item. 

Regulations constrain markets, but they vary in size and can be contained within each other (federal regulations -> state regulations -> county regulations -> local regulations -> HOA's, for example).

However, there are strict short registration deadlines - SBA Approves $214 Million in Disaster Assistance for California WildfiresJan 11th DeadlineThe U.S.

I cant imagine figuring out the regulations in 3 or 4 cities in my metro area let alone figure out the rules in multiple states.

SEC regulations require access to be password secured, and comply with safeguards of personal financial information.

The Ringless Voicemail Drop is compliant because: No phone call is ever made directly to the targeted subscriber.Only a landline to landline session, aka system to voicemail server, is established to drop the message.The targeted subscriber is not billed for the call.The phone does not ring and the network does not carry an active call.The FCC defines voicemail services as an Enhanced Information ServiceThe FCC has intentionally not regulated Enhanced Information Services.If you have any questions please don't hesitate to reach out to me.