Holiday Schedule: July 4th
06/30/2008
Bryant Surety Bonds will be closed on Thursday, July 3rd for Independence Day Weekend; we will return on Monday, July 5th. We hope you all have a safe and pleasant holiday. While we are closed, please explore our website for information on surety bonds, and when you are ready, use our free online application. We look forward [...]
Mortgage Apps drop to over 6 year low?.Rates also Fall
06/25/2008
Mortgage applications for the week ended June 20 dropped 9.3%, the lowest since December 28, 2001.
Borrowing for a 30 year fixed-rate mortgage averaged 6.39% in last week, down 0.18 percentage points from the previous week, this is also below the average 6.60% of a year ago.
Holiday Schedule: Memorial Day Weekend
05/23/2008
Following the lead of bonding companies, Bryant Surety Bonds will be closing at noon (Eastern Time) on Friday, May 23rd. We will reopen on Tuesday, May 27th. We hope that you all have a fun, and safe, holiday weekend. We look forward to helping you with all your surety bond needs when we return.
For those wishing [...]
Rates on 30 years mortgages remain above 6%
05/08/2008
Though down slightly from a week ago, mortgage rates remained above 6% for the 3rd consecutive week according to Freddie Mac. The Mortgage giant reported that 30 year mortgages average 6.05% this week, down .01% from last.
New Home Sales Drop, State Guide Update For Mortgage Brokers
04/24/2008
More bad news for mortgage brokers and bankers as The Commerce Department reported today that new homes sales dropped 8.5% last month, representing the lowest level (slowest pace) in over 16 years. On top of this came news that the median price of new home sales dropped by the largest amount in almost 4 decades, the [...]
Existing Home Sales Fall 2% in March, Pricing also Falls. Mortgage Broker Guide Update.
04/22/2008
The median price homes sold in March dropped to $200,700, a decline of 7.7% from the median price in March 2007. The National Association of Realtors revealed today that sales of existing single-family homes (including condos) also dropped 2%.
Bryant Surety Bonds also wants to make mortgage brokers aware that additional states have been added to [...]
Mortgage Broker Licensing Guidelines
04/21/2008
Bryant Surety Bonds is proud to unveil our state by state mortgage broker licensing guide. Because each state has its own laws and regulations, it is our hope that this guide will make it easier for mortgage brokers to know what they need to do to qualify for licensing in a new state.
Currently we have [...]
Operational Announcement: Bryant Surety Bonds Closed Friday 3/21/08
03/20/2008
Bryant Surety Bonds, Inc will be closed on Friday March 21, 2008.
Please explore our website to learn all about the Surety Industry, along with surety bond information by business type.
Also be sure to fill out an surety bond application, it is easy to do as everything can be completed online, and instant quotes are available.
Airlines Report Commission Bond (ARC Bond): A bond that is required by the Airlines Report Commission.
Appeal Bond: A surety bond assuring the loyal execution of the fiduciaries duties in compliance with federal law.
Auto Dealer Bond: Also known as a motor vehicle dealer bond.
Bid Bond: A bond guaranteeing that the bidder will carry out the contract at the winning bid price.
Broker Bond: A general bond that applies to any type of broker, the most common is the mortgage broker bond.
Cigarette Tax Bond: A bond that is required by the government in order to participate in the sales of cigarettes.
Construction Bond: A category of contract bond.
Contractor License Bond: A surety bond guaranteeing that the contractor will adhere to all state statutes and licenses.
Court Bond: A bond guaranteeing the loyal execution of the fiduciaries' duties in full compliance with court orders.
Custodian Bond: Another name for a guardianship bond.
Estate Bond: Another name for a probate bond.
Executor Bond: This bond is officially known as a probate bond.
Federal Housing Authority Bond: Current Legislation in the Senate may allow for a $75,000 FHA bond in lieu of audited financials. Check back for more information.
Fidelity Bond: A bond guaranteeing the employers assets in the event an employee should cause damage through a negligent or dishonest act.
Fiduciary Bond: This Bond is better known as a probate bond.
Fuel Tax Bond: A bond required by the government that guarantees payment of fuel taxes by sellers.
Guardianship Bond: A bond assuring the loyal execution of the fiduciaries duties in compliance with federal law.
Insurance Broker Bond: A bond authorizing the licensee to operate as an insurance broker.
Interstate Commerce Commission Bond (ICC): This bond is required by the ICC to legally operate as a transportation broker. This bond is also known as a BMC-84, Freight Broker Bond, or a Property Brokers bond.
License Bond: This bond guarantees that a person or organization will comply with all required state statutes and licenses.
Liquor Bond: This bond is required by the government to participate in the sale of liquor.
Lottery/Lotto Bond: A bond required by the state for any facility with a lottery machine.
Manufactured Home Dealer Bond: A license or permit bond that is necessary in order to participate in the sale of manufactured homes. The federal government requires this bond.
Miscellaneous Bond: These are commercial bonds that do not fall under any specific category, be sure to fax in your specific bond form when completing the online application.
Money Transmitter Bond: A license bond required by the state.
Mortgage Banker Bond: A bond required by the state to apply and operate as a mortgage banker, also known as a mortgage lender bond.
Mortgage Broker Bond: A bond required by the state to apply and operate as a mortgage broker.
Motor Vehicle Dealer Bond (MVD): A bond required to operate an auto dealership. State law requires this bond.
Payment Bond: A contract bond that guarantees the contractor will meet all the requirements of the obligee. Payment bonds are often coupled with Performance bonds in assuring that all suppliers, laborers, and subcontractors also meet the requirements of the obligee.
Payday Loan Bond: A bond assuring the legal operation of the loan company.
Performance Bond: A bond assuring the faithful performance of a contract.
Phone Solicitor Bond: This bond is also known as a Telemarketing Bond.
Probate Bond: This is a bond guaranteeing the duties of the fiduciary.
Roofer License Bond: A bond assuring roofers will meet all state statutes and licenses.
Sales Tax Bond: A bond guaranteeing that a business will pay sales tax to the government.
Seller of Travel Bond: A bond for sellers of travel. This bond is different then an ARC bond.
Site Improvement Bond: A contract bond assuring the proper improvement of public land.
Sub-Division Bond: A bond for mandatory public improvements that builders, developers, and private landowners make to their property.
Supply Bond: A bond required by the project owner or government to secure a public construction project.
Telemarketing Bond: A bond required by the state government to operate a telemarketing business.
Title Agency Bond: A bond that guarantees the lawful performance of a title agent.
Transportation Bond: A bond that guarantees payment for a shipment to any of the 50 states.
Union Bond: Also known as wage and welfare bonds, this bond assures the faithful payment of union dues for a specific location.
Used Car Dealer Bond Also known as a motor vehicle dealer bond (MVD Bond), this bond is required to operate as a car dealer.
Wage and Welfare Bond: Also known as union bonds, these bonds assure faithful payment of union dues for a specific location.
