Findings and declaration.
Exemptions from chapter.
Loan originator, mortgage broker—Prohibitions—Requirements.
Written disclosure of fees and costs—Rules—Contents—Lock-in agreement terms—Excess fees limited.
Written contract required—Contract entered by loan originator binding on mortgage broker—Written loan broker agreement required.
Moneys for third-party provider services deemed in trust—Deposit of moneys in trust account—Use of trust account—Rules—Tax treatment.
Fee, commission, or compensation—When permitted.
Borrowers unable to obtain loans—Mortgage broker to provide copies of certain documents—Conditions—Exceptions.
Violations of chapter—Application of consumer protection act.
Financial interest in a mortgage broker—Prohibited practices.
Mortgage broker or loan originator—License required—Suit or action for collection of compensation—Designated broker required.
License—Application—Applicant to furnish information establishing identity—Background check—Fee—Bond or alternative.
License—Requirements for issuance—Denial—Validity—Surrender—Interim license—Rules.
Informal settlement of complaints or enforcement actions—Director's discretion.
Director—Powers and duties—Violations as separate violations—Rules.
Action by director—Hearing—Sanction.
Director—Administration and interpretation.
Director—Licensing rules and interim procedures.
Cease and desist order—Action to enjoin and enforce.
Administrative procedure act application.
Director's authority to conduct investigations and examinations—Rules—Penalty.
Powers under chapter 19.144
Violations—Claims against bond or alternative.
Authority restricted to person named in license—Exceptions.
Registered agent for brokers without physical office in state—Venue.
Loan originator license—Application—Applicant to furnish information establishing identification—Background check—Fees—Rules.
Loan originator license—Requirements for issuance—Denial—Validity—Expiration—Surrender—Interim license.
Loan originator license—Not assignable.
Loan originator license—Test.
Loan originator applicants.
Loan originators—Continuing education—Requirements.
Residential mortgage loan modification services—Written fee agreement—Limitation on fees—Rules.
Third-party residential mortgage loan modification services providers—Duties—Restrictions.
Mortgage loan originator—License required—Nationwide mortgage licensing system and registry.
Director's duty—Process to challenge information—Nationwide mortgage licensing system and registry.
Disclosure of information—Privilege—Confidentiality—Exceptions.
Director's authority to contract—Records and fees.
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Mortgage brokers—Call reports—Licensing system and registry.
Director's authority—Violation and enforcement reporting.
Effective dates—1994 c 33.
Implementation of act—2006 c 19.
Effective date—2006 c 19.