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ResMac
United States
2008 (17 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know ResMac
Company Information
Get to know ResMac
ResMac is a privately held national mortgage lender founded in 2008, during some of the most tumultuous times ever known to mortgage professionals. Our mission is simply to be the best privately held mortgage company, through providing a positive customer experience by offering financing solutions that provide our clients with the best possible advice and solutions to their mortgage financing needs. ResMac’s goal is to be the standard of excellence in the mortgage banking industry by maintaining our focus on the customer with a commitment to innovation, allowing us to be a leader in the markets that we serve. We recognize that it is our responsibility as mortgage professionals to carefully evaluate ability and needs of potential borrowers, and help meet housing goals through the most beneficial solution for our clients, while remaining in compliance with regulatory and investor guidelines.
Industry
- Financial InsurancePRIMARY
- Technology Software Development
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