California Finance Code §4995.2(c), effective July 1, 2010, requires mortgage brokers who arrange only higher-priced mortgage loans to disclose that fact to a borrower, both orally and in writing, at the time of initially engaging in mortgage brokerage services with that borrower. We do not think it is likely that any of our clients are brokers who only do HPML’s, but a new CA Broker HPML Disclosure (cx14956) is available to be assigned to clients upon request if needed.