# Real Estate Exam [California] 29, Loan Brokerage and MLO Concepts

Page: https://stenobird.com/podcast/real-estate-exam-prep-7644240/real-estate-exam-california-29-loan-brokerage-and-mlo-concepts
Text version: https://stenobird.com/podcast/real-estate-exam-prep-7644240/real-estate-exam-california-29-loan-brokerage-and-mlo-concepts.md
Podcast: [Real Estate Exam Prep](https://stenobird.com/podcast/real-estate-exam-prep-7644240)
Published: 2026-07-03T00:21:14+00:00
Episode link: https://open-exam-prep.com/
Audio file: https://episodes.captivate.fm/episode/8df05eae-f0f3-4a03-8ad3-3c9307695745.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/real-estate-exam-prep-7644240/episodes/real-estate-exam-california-29-loan-brokerage-and-mlo-concepts
Duration seconds: 216

## Resource

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - When a California real estate licensee needs a Mortgage Loan Originator (MLO) endorsement. - The purpose and timing requirements of the Mortgage Loan Disclosure Statement (MLDS). - Commission and cost limitations for small loans under Article 7 of the Real Estate Law. - The critical usury law exemption for loans arranged by real estate brokers. - Key duties and regulations for brokers handling trust deed investments. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/real-estate-exam-prep-7644240/episodes/real-estate-exam-california-29-loan-brokerage-and-mlo-concepts/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/real-estate-exam-prep-7644240/real-estate-exam-california-29-loan-brokerage-and-mlo-concepts.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.