March 24, 2019
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Amendment CaShTmL-893740.HTM
    Florida Senate - 2007                      COMMITTEE AMENDMENT
    Bill No. CS for SB 1824
                        Barcode 893740
                            CHAMBER ACTION
              Senate                               House
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11  The Committee on Commerce (Saunders) recommended the following
12  amendment:
13  
14         Senate Amendment (with title amendment) 
15         On page 3, line 13, through
16            page 16, line 23, delete those lines
17  
18  and insert:  compensation to be received by a mortgage
19  brokerage business for acting as a mortgage broker.
20         (34)  "Business day" means any calendar day except
21  Sunday or a legal holiday.
22         Section 2.  Section 494.0014, Florida Statutes, is
23  amended to read:
24         494.0014  Cease and desist orders; administrative
25  fines; refund orders.--
26         (1)  The office has the power to issue and serve upon
27  any person an order to cease and desist and to take corrective
28  action whenever it has reason to believe the person is
29  violating, has violated, or is about to violate any provision
30  of ss. 494.001-494.0077, any rule or order issued under ss.
31  494.001-494.0077, or any written agreement between the person
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    9:59 AM   04/04/07                           s1824c1c-cm37-k0d

Florida Senate - 2007 COMMITTEE AMENDMENT Bill No. CS for SB 1824 Barcode 893740 1 and the office. All procedural matters relating to issuance 2 and enforcement of such a cease and desist order are governed 3 by the Administrative Procedure Act. 4 (2) The office has the power to order the refund of 5 any fee directly or indirectly assessed and charged on a 6 mortgage loan transaction which is unauthorized or exceeds the 7 maximum fee specifically authorized in ss. 494.001-494.0077. 8 (3) The office may prohibit the association by a 9 mortgage broker business, or the employment by a mortgage 10 lender or correspondent mortgage lender, of any person who has 11 engaged in a pattern of misconduct while an associate of a 12 mortgage brokerage business or an employee of a mortgage 13 lender or correspondent mortgage lender. For the purpose of 14 this subsection, the term "pattern of misconduct" means the 15 commission of three or more violations of ss. 494.001-494.0077 16 or the provisions of chapter 494 in effect prior to October 1, 17 1991, during any 1-year period or any criminal conviction for 18 violating ss. 494.001-494.0077 or the provisions of chapter 19 494 in effect prior to October 1, 1991. 20 (4) The office may impose upon any person who makes or 21 brokers a loan, or any mortgage business school, a fine for 22 violations of any provision of ss. 494.001-494.00295 or any 23 rule or order issued under ss. 494.001-494.00295 in an amount 24 not exceeding $5,000 for each separate count or offense. 25 Section 3. Paragraph (f) is added to subsection (1) 26 and paragraphs (g) and (h) are added to subsection (2) of 27 section 494.0029, Florida Statutes, to read: 28 494.0029 Mortgage business schools.-- 29 (1) 30 (f) In addition to the remedies set forth in s. 31 494.0014, the office may revoke, suspend, or place on 2 9:59 AM 04/04/07 s1824c1c-cm37-k0d
Florida Senate - 2007 COMMITTEE AMENDMENT Bill No. CS for SB 1824 Barcode 893740 1 probation the permit of any mortgage business school that 2 fails to meet the requirements of this section, subject to all 3 reasonable conditions that the office specifies. 4 (2) 5 (g) A school permitted under this section must conduct 6 classes on the basis of a 50-minute classroom hour in 7 accordance with the requirements of this chapter and 8 commission rules. 9 (h) Each school permitted under this section is 10 responsible for developing procedures to confirm, and for 11 actually confirming, the identity of each student attending 12 any course offering. 13 Section 4. Section 494.00295, Florida Statutes, is 14 amended to read: 15 494.00295 Professional continuing education.-- 16 (1) Mortgage brokers, and the principal 17 representatives and loan originators of a mortgage lender, 18 correspondent mortgage lender, or mortgage lender pursuant to 19 s. 494.0065, must successfully complete at least 14 hours of 20 professional continuing education covering primary and 21 subordinate mortgage financing transactions and the provisions 22 of this chapter during the 2-year period immediately preceding 23 the renewal deadline for a mortgage broker, mortgage lender, 24 correspondent mortgage lender, or mortgage lender pursuant to 25 s. 494.0065. A minimum of 4 hours shall cover the provisions 26 of this chapter and the rules adopted under this chapter. At 27 the time of license renewal, a licensee must certify to the 28 office that the professional continuing education requirements 29 of this section have been met. Licensees shall maintain 30 records documenting compliance with this subsection for a 31 period of 4 years. The requirements for professional 3 9:59 AM 04/04/07 s1824c1c-cm37-k0d
Florida Senate - 2007 COMMITTEE AMENDMENT Bill No. CS for SB 1824 Barcode 893740 1 continuing education are waived for the license renewal of a 2 mortgage broker who has completed the 24-hour prelicensing 3 classroom education requirement of s. 494.0033(3) within 90 4 days of for the biennial license period immediately following 5 the period in which the person became licensed as a mortgage 6 broker. The requirements for professional continuing education 7 for a principal representative are waived for the license 8 renewal of a mortgage lender, correspondent mortgage lender, 9 or mortgage lender pursuant to s. 494.0065 for the biennial 10 license period immediately following the period in which the 11 principal representative completed the 24 hours of classroom 12 education and passed a written test in order to qualify to be 13 a principal representative. 14 (2) Professional continuing education programs must 15 contribute directly to the professional competency of the 16 participants, may only be offered by permitted mortgage 17 business schools, the office, or entities specifically 18 exempted from permitting as mortgage business schools, and may 19 include electronically transmitted or distance education 20 courses. 21 (3)(a) All electronically transmitted courses shall 22 require that the time spent attending electronically 23 transmitted professional education courses is equal to the 24 number of qualifying hours awarded to participants for course 25 attendance. Before allowing a course participant to complete a 26 course and receive a certificate of course completion, the 27 course provider shall ensure that the course participant has: 28 1. Logged the required number of hours for the 29 particular timed module. 30 2. Completed a test that comprehensively covers the 31 course content for the particular timed module. 4 9:59 AM 04/04/07 s1824c1c-cm37-k0d
Florida Senate - 2007 COMMITTEE AMENDMENT Bill No. CS for SB 1824 Barcode 893740 1 3. Correctly answered all test questions for the 2 particular timed module. 3 (b) All distance education course participants shall 4 successfully complete a test that comprehensively covers 5 course content in order to receive a certificate of course 6 completion. Distance education providers shall not provide 7 answers to test questions to course participants and shall not 8 issue a certificate of course completion to any course 9 participant who has failed to correctly answer at least 75 10 percent of the total test questions. The test must consist of 11 at least 100 questions. 12 (4)(3) The commission shall adopt rules pursuant to 13 ss. 120.536(1) and 120.54 necessary to administer this 14 section, including rules governing qualifying hours for 15 professional continuing education programs and standards for 16 electronically transmitted or distance education courses, 17 including course completion requirements. 18 Section 5. Paragraphs (a) and (b) of subsection (2) of 19 section 494.0033, Florida Statutes, are amended to read: 20 494.0033 Mortgage broker's license.-- 21 (2) Each initial application for a mortgage broker's 22 license must be in the form prescribed by rule of the 23 commission. The commission may require each applicant to 24 provide any information reasonably necessary to make a 25 determination of the applicant's eligibility for licensure. 26 The office shall issue an initial license to any natural 27 person who: 28 (a) Is at least 18 years of age and has a high school 29 diploma or its equivalent. 30 (b) Has passed a written test adopted and administered 31 by the office, or has passed an electronic test adopted and 5 9:59 AM 04/04/07 s1824c1c-cm37-k0d
Florida Senate - 2007 COMMITTEE AMENDMENT Bill No. CS for SB 1824 Barcode 893740 1 administered by the office or a third party approved by the 2 office, which is designed to determine competency in primary 3 and subordinate mortgage financing transactions as well as to 4 test knowledge of ss. 494.001-494.0077 and the rules adopted 5 pursuant thereto. The commission may prescribe by rule an 6 additional fee that may not exceed $100 for the electronic 7 version of the mortgage broker test. The commission may waive 8 by rule the examination requirement for any person who has 9 passed a test approved by the Conference of State Bank 10 Supervisors, the American Association of Residential Mortgage 11 Regulators, or the United States Department of Housing and 12 Urban Development if the test covers primary and subordinate 13 mortgage financing transactions. The commission may adopt 14 rules prescribing an additional fee that may not exceed $50 15 for an applicant to review his or her completed and graded 16 mortgage broker test. The commission may adopt rules regarding 17 the administration of the testing process, including, but not 18 limited to, procedures relating to pretest registration, test 19 security, scoring, content, result notification, retest 20 procedures and fees, postexamination review, and challenge 21 provisions. 22 23 The commission may require by rule information concerning any 24 such applicant or person, including, but not limited to, his 25 or her full name and any other names by which he or she may 26 have been known, age, social security number, qualifications 27 and educational and business history, and disciplinary and 28 criminal history. 29 Section 6. Section 494.0038, Florida Statutes, is 30 amended to read: 31 494.0038 Mortgage broker disclosures.-- 6 9:59 AM 04/04/07 s1824c1c-cm37-k0d
Florida Senate - 2007 COMMITTEE AMENDMENT Bill No. CS for SB 1824 Barcode 893740 1 (1)(a)1. A person may not receive a mortgage brokerage 2 fee for acting as a mortgage brokerage business except 3 pursuant to a written mortgage brokerage agreement between the 4 mortgage brokerage business and the borrower which is signed 5 and dated by the business and the borrower. 6 2. The written mortgage brokerage agreement must 7 describe the services to be provided by the mortgage brokerage 8 business and specify the amount and terms of the mortgage 9 brokerage fee that the mortgage brokerage business is to 10 receive. The written mortgage brokerage agreement must be 11 executed within 3 business days after a mortgage loan 12 application is accepted if the borrower is present when the 13 application is accepted. If the borrower is not present when 14 such an application is accepted, the licensee shall forward 15 the written mortgage brokerage agreement to the borrower 16 within 3 business days after the licensee's acceptance of the 17 application and the licensee bears the burden of proving that 18 the borrower received and approved the written mortgage 19 brokerage agreement. 20 (b)1. If the mortgage brokerage business is to receive 21 any payment of any kind from the lender, the maximum total 22 dollar amount of the payment must be disclosed to the borrower 23 in the written mortgage brokerage agreement as described in 24 paragraph (a). The commission may prescribe by rule an 25 acceptable form for disclosure of brokerage fees received from 26 the lender. The mortgage brokerage agreement must state the 27 nature of the relationship with the lender, describe how 28 compensation is paid by the lender, and describe how the 29 mortgage interest rate affects the compensation paid to the 30 mortgage brokerage business. If any of the rates, points, 31 fees, and other terms quoted by or on behalf of the lender are 7 9:59 AM 04/04/07 s1824c1c-cm37-k0d
Florida Senate - 2007 COMMITTEE AMENDMENT Bill No. CS for SB 1824 Barcode 893740 1 to be received by the mortgage brokerage business, such fact 2 shall be specifically disclosed to the borrower. 3 2. The exact amount of any payment of any kind by the 4 lender to the mortgage brokerage business must be disclosed in 5 writing to the borrower within 3 business days after the 6 mortgage brokerage business is made aware of the exact amount 7 of the payment from the lender but not less than 3 business 8 days before the execution of the closing or settlement 9 statement. The licensee bears the burden of proving such 10 notification was provided to the borrower. If the mortgage 11 brokerage fee is for brokering a loan for a particular program 12 under which the brokerage fee varies according to the terms of 13 the loan, the brokerage fee may be disclosed as a range of 14 fees at the time of application. The mortgage broker shall, in 15 such instance, disclose the nature of the fee arrangement to 16 the borrower, and the exact amount of the fee must be 17 disclosed at settlement or closing. 18 (c) The commission may prescribe by rule the form of 19 disclosure of brokerage fees. 20 (2) At the time a written mortgage brokerage agreement 21 is executed by the borrower or forwarded to the borrower for 22 execution, or at the time the mortgage brokerage business 23 accepts an application fee, credit report fee, property 24 appraisal fee, or any other third-party fee, but not less than 25 3 business days before execution of the closing or settlement 26 statement, the mortgage brokerage business shall disclose in 27 writing to any applicant for a mortgage loan the following 28 information: 29 (a) That such mortgage brokerage business may not make 30 mortgage loans or commitments. The mortgage brokerage business 31 may make a commitment and may furnish a lock-in of the rate 8 9:59 AM 04/04/07 s1824c1c-cm37-k0d
Florida Senate - 2007 COMMITTEE AMENDMENT Bill No. CS for SB 1824 Barcode 893740 1 and program on behalf of the lender when the mortgage 2 brokerage business has obtained a written commitment or 3 lock-in for the loan from the lender on behalf of the borrower 4 for the loan. The commitment must be in the same form and 5 substance as issued by the lender. 6 (b) That such mortgage brokerage business cannot 7 guarantee acceptance into any particular loan program or 8 promise any specific loan terms or conditions. 9 (c) A good faith estimate, signed and dated by the 10 borrower, which discloses of the total amount of each of the 11 fees which the borrower may reasonably expect to pay if the 12 loan is closed, including, but not limited to, fees earned by 13 the mortgage brokerage business, lender fees, third-party 14 fees, and official fees, together with credit report fee, 15 property appraisal fee, or any other third-party fee and the 16 terms and conditions for obtaining a refund of such fees, if 17 any. Any amount collected in excess of the actual cost shall 18 be returned within 60 days after rejection, withdrawal, or 19 closing. The good faith estimate must identify the recipient 20 of all payments charged the borrower and, except for all fees 21 to be received by the mortgage brokerage business, may be 22 disclosed in generic terms, such as, but not limited to, paid 23 to lender, appraiser, officials, title company, or any other 24 third-party service provider. This requirement does not 25 supplant or is not a substitute for the written mortgage 26 brokerage agreement described in subsection (1). 27 (3) The disclosures required by this subsection must 28 be furnished in writing at the time an adjustable rate 29 mortgage loan is offered to the borrower and whenever the 30 terms of the adjustable rate mortgage loan offered materially 31 change prior to closing. The broker shall furnish the 9 9:59 AM 04/04/07 s1824c1c-cm37-k0d
Florida Senate - 2007 COMMITTEE AMENDMENT Bill No. CS for SB 1824 Barcode 893740 1 disclosures relating to adjustable rate mortgages in a format 2 prescribed by ss. 226.18 and 226.19 of Regulation Z of the 3 Board of Governors of the Federal Reserve System, as amended, 4 its commentary, as amended, and the federal Truth in Lending 5 Act, 15 U.S.C. ss. 1601 et seq., as amended, together with the 6 Consumer Handbook on Adjustable Rate Mortgages, as amended, 7 published by the Federal Reserve Board and the Federal Home 8 Loan Bank Board. The licensee bears the burden of proving such 9 disclosures were provided to the borrower. 10 (4)(3) If the mortgage brokerage agreement includes a 11 nonrefundable application fee, the following requirements are 12 applicable: 13 (a) The amount of the application fee, which must be 14 clearly denominated as such, shall be clearly disclosed. 15 (b) The specific services that will be performed in 16 consideration for the application fee shall be disclosed. 17 (c) The application fee must be reasonably related to 18 the services to be performed and may not be based upon a 19 percentage of the principal amount of the loan or the amount 20 financed. 21 (5)(4) A mortgage brokerage business may not accept 22 any fee in connection with a mortgage loan other than an 23 application fee, credit report fee, property appraisal fee, or 24 other third-party fee prior to obtaining a written commitment 25 from a qualified lender. 26 (6)(5) Any third-party fee entrusted to a mortgage 27 brokerage business shall immediately, upon receipt, be placed 28 into a segregated account with a financial institution located 29 in the state the accounts of which are insured by the Federal 30 Government. Such funds shall be held in trust for the payor 31 and shall be kept in the account until disbursement. Such 10 9:59 AM 04/04/07 s1824c1c-cm37-k0d
Florida Senate - 2007 COMMITTEE AMENDMENT Bill No. CS for SB 1824 Barcode 893740 1 funds may be placed in one account if adequate accounting 2 measures are taken to identify the source of the funds. 3 (7)(6) All mortgage brokerage fees shall be paid to a 4 mortgage brokerage business licensee. 5 (8)(7) This section does not prohibit a mortgage 6 brokerage business from offering products and services, in 7 addition to those offered in conjunction with the loan 8 origination process, for a fee or commission. 9 Section 7. Subsection (8) is added to section 494.004, 10 Florida Statutes, to read: 11 494.004 Requirements of licensees.-- 12 (8)(a) In every mortgage loan transaction, each 13 licensee under ss. 494.003-494.0043 shall notify a borrower of 14 any material changes in the terms of a mortgage loan 15 previously offered to the borrower within 3 business days 16 after being made aware of such changes by the lender but not 17 less than 3 business days before the signing of the settlement 18 or closing statement. The licensee bears the burden of proving 19 such notification was provided and accepted by the borrower. 20 (b) A borrower may waive the right to receive notice 21 of a material change that is granted under paragraph (a) if 22 the borrower determines that the extension of credit is needed 23 to meet a bona fide personal financial emergency and the right 24 to receive notice would delay the closing of the mortgage 25 loan. The imminent sale of the borrower's home at foreclosure 26 during the 3-day period before the signing of settlement or 27 closing statement constitutes an example of a bona fide 28 personal financial emergency. In order to waive the borrower's 29 right to receive notice not less than 3 business days before 30 the signing of the settlement or closing statement of any such 31 material change, the borrower must provide the licensee with a 11 9:59 AM 04/04/07 s1824c1c-cm37-k0d
Florida Senate - 2007 COMMITTEE AMENDMENT Bill No. CS for SB 1824 Barcode 893740 1 dated written statement that describes the personal financial 2 emergency, waives the right to receive the notice, bears the 3 borrower's signature, and is not on a printed form prepared by 4 the licensee for the purpose of such a waiver. 5 Section 8. Paragraph (v) is added to subsection (2) of 6 section 494.0041, Florida Statutes, to read: 7 494.0041 Administrative penalties and fines; license 8 violations.-- 9 (2) Each of the following acts constitutes a ground 10 for which the disciplinary actions specified in subsection (1) 11 may be taken: 12 (v) In any mortgage transaction, violating any 13 provision of the federal Real Estate Settlement Procedure Act, 14 as amended, 12 U.S.C. ss. 2601 et seq., the federal Truth In 15 Lending Act, as amended, 15 U.S.C. ss. 1601 et seq., or any 16 regulations adopted under such acts. 17 Section 9. Subsection (1) of section 494.0064, Florida 18 Statutes, is amended to read: 19 494.0064 Renewal of mortgage lender's license; branch 20 office license renewal.-- 21 (1)(a) The office shall renew a mortgage lender 22 license upon receipt of a completed renewal form, 23 certification from the licensee that the licensee currently 24 meets the minimum net worth requirements of s. 494.0061 or s. 25 494.0065, certification from the licensee that during the 26 preceding 2 years the licensee's principal representative and 27 loan originators have completed the professional continuing 28 education requirements of s. 494.00295, and the nonrefundable 29 renewal fee of $575. The office shall renew a correspondent 30 lender license upon receipt of a completed renewal form, 31 certification from the licensee that the licensee currently 12 9:59 AM 04/04/07 s1824c1c-cm37-k0d
Florida Senate - 2007 COMMITTEE AMENDMENT Bill No. CS for SB 1824 Barcode 893740 1 meets the minimum net worth requirements of s. 494.0062, 2 certification from the licensee that during the preceding 2 3 years the licensee's principal representative and loan 4 originators have completed the professional continuing 5 education requirements of s. 494.00295, and a nonrefundable 6 renewal fee of $475. Each licensee shall pay at the time of 7 renewal a nonrefundable fee of $325 for the renewal of each 8 branch office license. 9 (b) A licensee shall also submit, as part of the 10 renewal form, certification that during the preceding 2 years 11 the licensee's principal representative and loan originators 12 have completed the professional continuing education 13 requirements of s. 494.00295. 14 Section 10. Subsection (8) and paragraph (a) of 15 subsection (10) of section 494.0067, Florida Statutes, are 16 amended, and subsections (11) and (12) are added to that 17 section, to read: 18 494.0067 Requirements of licensees under ss. 19 494.006-494.0077.-- 20 (8) Each licensee under ss. 494.006-494.0077 shall 21 provide an applicant for a mortgage loan a good faith estimate 22 of the costs the applicant can reasonably expect to pay in 23 obtaining a mortgage loan. The good faith estimate of costs 24 shall be mailed or delivered to the applicant within a 25 reasonable time after the licensee receives a written loan 26 application from the applicant. The estimate of costs may be 27 provided to the applicant by a person other than the licensee 28 making the loan. The good faith estimate must identify the 29 recipient of all payments charged to the borrower and, except 30 for all fees to be received by the mortgage brokerage business 31 and the mortgage lender or correspondent mortgage lender, may 13 9:59 AM 04/04/07 s1824c1c-cm37-k0d
Florida Senate - 2007 COMMITTEE AMENDMENT Bill No. CS for SB 1824 Barcode 893740 1 be disclosed in generic terms, such as, but not limited to, 2 paid to appraiser, officials, title company, or any other 3 third-party service provider. The licensee bears the burden of 4 proving such disclosures were provided to the borrower. The 5 commission may adopt rules that set forth the disclosure 6 requirements of this section. 7 (10)(a) Each mortgage lender or correspondent mortgage 8 lender licensee shall require the principal representative and 9 all loan originators, not currently licensed as mortgage 10 brokers pursuant to s. 494.0033, who perform services for the 11 licensee to complete 14 hours of professional continuing 12 education during each biennial license period. The education 13 shall cover primary and subordinate mortgage financing 14 transactions and the provisions of this chapter and the rules 15 adopted under this chapter. 16 (11) The disclosures in this subsection must be 17 furnished in writing at the time an adjustable rate mortgage 18 loan is offered to the borrower and whenever the terms of the 19 adjustable rate mortgage loan offered have a material change 20 prior to closing. The lender shall furnish the disclosures 21 relating to adjustable rate mortgages in a format prescribed 22 by ss. 226.18 and 226.19 of Regulation Z of the Board of 23 Governors of the Federal Reserve System, as amended, its 24 commentary, as amended, and the federal Truth in Lending Act, 25 15 U.S.C. ss. 1601 et seq., as amended, together with the 26 Consumer Handbook on Adjustable Rate Mortgages, as amended, 27 published by the Federal Reserve Board and the Federal Home 28 Loan Bank Board. The licensee bears the burden of proving such 29 disclosures were provided to the borrower. 30 (12)(a) In every mortgage loan transaction, each 31 licensee under ss. 494.006-494.0077 shall notify a borrower of 14 9:59 AM 04/04/07 s1824c1c-cm37-k0d
Florida Senate - 2007 COMMITTEE AMENDMENT Bill No. CS for SB 1824 Barcode 893740 1 any material changes in the terms of a mortgage loan 2 previously offered to the borrower within 3 business days 3 after being made aware of such changes by the lender but not 4 less than 3 business days before the signing of the settlement 5 or closing statement. The licensee bears the burden of proving 6 such notification was provided and accepted by the borrower. 7 (b) A borrower may waive the right to receive notice 8 of a material change which is granted under paragraph (a) if 9 the borrower determines that the extension of credit is needed 10 to meet a bona fide personal financial emergency and the right 11 to receive notice would delay the closing of the mortgage 12 loan. The imminent sale of the borrower's home at foreclosure 13 during the 3-day period before the signing of settlement or 14 closing statement constitutes an example of a bona fide 15 personal financial emergency. In order to waive the borrower's 16 right to receive notice not less than 3 business days before 17 the signing of the settlement or closing statement of any such 18 material change, the borrower must provide the licensee with a 19 dated written statement that describes the personal financial 20 emergency, waives the right to receive the notice, bears the 21 borrower's signature, and is not on a printed form prepared by 22 the licensee for the purpose of such a waiver. 23 24 25 ================ T I T L E A M E N D M E N T =============== 26 And the title is amended as follows: 27 On page 1, line 26, through 28 page 2, line 4, delete those lines 29 30 and insert: 31 authorizing a borrower to waive notification 15 9:59 AM 04/04/07 s1824c1c-cm37-k0d
Florida Senate - 2007 COMMITTEE AMENDMENT Bill No. CS for SB 1824 Barcode 893740 1 under certain circumstances; providing waiver 2 requirements; amending s. 494.0041, F.S.; 3 specifying additional acts constituting grounds 4 for certain disciplinary actions; providing for 5 fines and penalties; amending s. 494.0064, 6 F.S.; providing additional requirements for 7 renewals of mortgage lender's licenses; 8 amending s. 494.0067, F.S.; providing 9 additional requirements for mortgage lender 10 licensees; providing disclosure and 11 notification requirements; authorizing a 12 borrower to waive notification under certain 13 circumstances; providing waiver requirements; 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 16 9:59 AM 04/04/07 s1824c1c-cm37-k0d
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