INDIANAPOLIS (AP) - Most Indiana mortgage brokers still haven't
passed a state-required test since Secretary of State Todd Rokita
warned earlier this month that they'd need the test by August 5th
to stay in business.

Just 83 people have passed the exam since Rokita's warning on
July 7th. More than 500 brokers are still on track to lose their
licenses.

Twenty-six brokers have voluntarily surrendered their licenses
since July 7th. That could help them go back into the business in
the future since they will not have had their licenses revoked.

A spokesman for the Secretary of State says they don't plan to
take any action against brokers not meeting the requirements until
after August 5th.

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