Cal. Code Regs. tit. 21, § 7121 – Exceptions.

(a) To any lender that makes 10% or less of its total loan volume, measured in dollars, during any current reporting year for any of the loan categories listed in paragraph (b)(2) of Section 7118.
(b) To loan applications made to and loans negotiated or arranged by a person acting as a real estate broker within the meaning of subdivision (d) of Section 10131 of the Business and Professions Code.

This article does not apply:

Note: Authority cited: Section 35814, Health and Safety Code. Reference: Section 35816, Health and Safety Code.

1. New section filed 8-28-89; operative 9-27-89 (Register 89, No. 37).