Commissioner of Financial Regulation v. Brown, Brown, & Brown, P.C.

McDonald, j.

Maryland law places various restrictions on those who purport to assist consumers in obtaining credit — restrictions that include certain licensing, bonding, and disclosure requirements. These requirements are set forth in the Maryland Credit Services Businesses Act (“MCSBA”), codified at Maryland Code, Commercial Law Article (“CL”), § 14-1901 et seq. Under the rubric “credit services business,” the MCSBA applies to those who offer, in return for the payment of money, to assist a homeowner in default on a mortgage loan to fend off foreclosure by obtaining a modification of that…