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NOTE: Dates reflect any modification to item, not necessarily a change in law.
Act 75 of 2009
- MORTGAGE LOAN ORIGINATOR LICENSING ACT (493.131 - 493.171)
| Section 493.135 ‑ | Engaging in business of mortgage loan originator; license required; exemptions; independent contractor; establishment of licensing rules and interim procedures. |
| Section 493.137 ‑ | Application; form; fee; criminal history check; relationships or contracts with nationwide mortgage licensing system and registry; furnishing certain information; use. |
| Section 493.139 ‑ | Issuance of mortgage loan originator license; findings; conviction. |
| Section 493.149 ‑ | Fees; reports; penalties; deposit of money in MBLSLA fund; limitation on fee levels. |
| Section 493.151 ‑ | Mortgage loan originators; license and registration through nationwide mortgage licensing system and registry; rules. |
| Section 493.155 ‑ | Powers of commissioner; finding of violation or noncompliance; fine. |
| Section 493.157 ‑ | Fraud; notice of intent to prohibit licensure; contents; hearing; order; service; application to terminate order; imminent threat of financial loss to customers; conviction of felony; mailing of notice or issued to employer or principal; decision; judicial review; enforcement; violation of final order; "fraud" defined. |
| Section 493.163 ‑ | Investigations and examinations; access to books and records; reports; control of access to documents or records; duties and authority of commissioner; prohibited conduct by licensed mortgage loan originator or person subject to investigation. |
| Section 493.171 ‑ | Unique identifier of originator of residential mortgage loan. |
