WAC 460-33A-095
Fiduciary duty -- Mortgage broker-dealers. In the event a conflict arises in connection with a mortgage
broker-dealer acting as an agent for both mortgage borrowers and
purchasers of mortgage paper securities, every mortgage
broker-dealer shall resolve the conflict in favor of the
purchasers of mortgage paper securities.
[Statutory Authority: RCW 21.20.450. 01-23-002, § 460-33A-095,
filed 11/7/01, effective 12/8/01.]