Section 51062 Of Chapter 4. General Powers From California Health And Safety Code >> Division 31. >> Part 3. >> Chapter 4.

. The agency shall establish criteria for housing sponsors and qualified mortgage lenders, which shall be designed to assure the financial integrity of programs authorized by this division and which shall provide for effective implementation of the policies and purposes set forth in this part. The criteria shall take into account the differences between private and public institutions qualifying as housing sponsors and qualified mortgage lenders.