CA State Law Assignment 1 of 2

Mary works for Dream Makers Finance.  Mary is always looking for ways to draw in more business so she starts drumming up some ideas for a printed advertisement.  Mary comes up with the following advertisement:

DREAM MAKERS LENDING

We will find the home for you that you have only imagined in your dreams!

Our mortgage loan originators can help get any borrower get the needed financing!
LOW RATES!

QUALITY CUSTOMER SERVICE!

DREAMY SUCCESS!!

So quit day dreaming about the house you want, and let us make those dreams a reality!

Call today!

1-800-DREAM IT


Mary really likes what she has put together and wants to get it out to the public as soon as possible, however, she wants to make sure it would meet CRMLA guidelines, so she submits it to the Commissioner for approval.  When it comes back disapproved Mary is extremely disappointed as she thought she had come up with something really good.  Based on the advertisement that Mary submitted and your knowledge of the CRMLA, what are some of the reasons Mary did not get approved?

Please post your responses in the comments section below.  

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