[CHAPTER 454F]

SECURE AND FAIR ENFORCEMENT FOR MORTGAGE LICENSING ACT

 

        Part I.  General Provisions

Section

454F-1Definitions 454F-1.5Registration with NMLS required 454F-1.6Presumption of control 454F-1.7Duties of a mortgage loan originator company's qualified individual and branch manager 454F-1.8Sponsorship by mortgage loan originator company, exempt sponsoring mortgage loan originator company,

          or nonprofit organization

454F-2Exemptions 454F-2.5Exempt sponsoring mortgage loan originator company; registration 454F-3Requirement of licensure 454F-4License and registration; application; issuance 454F-4.5Automatic secondary review of license application 454F-4.8Decision denying application subject to administrative hearing 454F-4.9Abandoned applications 454F-5Issuance of license 454F-6Pre-licensing and re-licensing; education of mortgage loan originators 454F-7Testing of mortgage loan originators 454F-8Standards for license renewal 454F-8.5Reinstatement of expired licenses 454F-9Continuing education; mortgage loan originators 454F-10Authority to require license 454F-10.5Authorized places of business; designation of qualified individuals and branch managers; branch offices;

          principal office; relocation

454F-10.6Voluntary cessation of operation; surrender of license 454F-10.7Change in control of a licensee; fees 454F-11NMLS registry information; challenge process 454F-12Enforcement authorities; violations; penalties 454F-13Repealed 454F-14Confidentiality 454F-15Investigation and examination authority 454F-16Mortgage call reports 454F-17Prohibited practices 454F-18Powers of commissioner 454F-19Unique identifier shown 454F-20Report to NMLS 454F-21Repealed 454F-22Mortgage loan originator, mortgage loan originator company, exempt sponsoring mortgage loan

          originator company, nonprofit organizations,

          and mortgage servicer company fees

454F-23Payment of fees 454F-24Mortgage servicer companies; mortgage loan originators 454F-25Nonprofit organizations; mortgage loan originators 454F-26Repealed

        Part II.  Mortgage Loan Recovery Fund

454F-41Mortgage loan recovery fund; use of fund; fees 454F-42Statute of limitation; recovery from fund 454F-43Management of fund 454F-44Standing 454F-45Subrogation of rights 454F-46Waiver of rights 454F-47Disciplinary action against licensee

Note

 

  Hiring and temporary exchange of employees.  L 2010, c 84, §§31, 33, and 34.

 

Revision Note

 

  Chapter was enacted as an addition to title 22 but is redesignated to title 25 pursuant to §23G-15.