A residential mortgage lender or residential mortgage loan servicer shall not engage in the residential mortgage lending or residential mortgage loan servicing business under a name similar to the name of any other residential mortgage lender or residential mortgage loan servicer which is deceptively similar and likely to cause confusion among the borrowing public.

Note: Authority cited: Sections 50122(b)(7) and 50304, Financial Code. Reference: Sections 50124, 50207, 50208 and 50301, Financial Code.

History

1. New section filed 11-25-96; operative 12-25-96 (Register 96, No. 48).