Rhode Island Mortgage Brokerbonds are required by The Rhode Island Department Of Business Regulation to comply with the state, city, county, or federal government licensing requirements. The obligee is the government entity requiring you to get the bond. There are a variety of types of surety bonds, each with its own requirements and uses. Each entity has their own Rhode Island Mortgage Broker Bond Form, so you will need a different Rhode Island Mortgage Broker bond for each state you will be transacting business in.