Section 58A.17 — Mortgage Call Reports.
58A.17 MORTGAGE CALL REPORTS. A mortgage licensee shall submit to the Nationwide Multistate Licensing System and Registry reports of condition, which must be in the form and contain the information the Nationwide Multistate Licensing System and Registry requires. History: 2010 c 347 art 4 s 18; 2018 c 104 s 3
Section 58A.18 — Report To Nationwide Multistate Licensing System And Registry.
58A.18 REPORT TO NATIONWIDE MULTISTATE LICENSING SYSTEM AND REGISTRY. The commissioner shall regularly report violations of this chapter, as well as enforcement actions and other relevant information, to the Nationwide Multistate Licensing System and Registry subject to the provisions contained in section 58A.14. History: 2010 c 347 art 4 s 19; 2018 c 104 s […]
Section 58A.20 — Unique Identifier Shown.
58A.20 UNIQUE IDENTIFIER SHOWN. The unique identifier of any person originating a residential mortgage loan shall be clearly shown on all residential mortgage loan application forms, solicitations, or advertisements, including business cards or websites, and any other documents as established by rule or order of the commissioner. History: 2010 c 347 art 4 s 20
Section 58A.22 — Incorporation By Reference.
58A.22 INCORPORATION BY REFERENCE. The final rules adopted by the United States Department of Housing and Urban Development under the Secure and Fair Enforcement for Mortgage Licensing Act of 2008, and subsequent amendments, are incorporated by reference. History: 2010 c 347 art 4 s 21
Section 58B.01 — Title.
58B.01 TITLE. This chapter may be cited as the “Student Loan Borrower Bill of Rights.” History: 1Sp2021 c 4 art 6 s 2
Section 58B.02 — Definitions.
58B.02 DEFINITIONS. Subdivision 1. Scope. For purposes of this chapter, the following terms have the meanings given them. Subd. 2. Borrower. “Borrower” means a resident of this state who has received or agreed to pay a student loan or a person who shares responsibility with a resident for repaying a student loan. Subd. 3. Commissioner. […]
Section 58B.03 — Licensing Of Student Loan Servicers.
58B.03 LICENSING OF STUDENT LOAN SERVICERS. Subdivision 1. License required. No person shall directly or indirectly act as a student loan servicer without first obtaining a license from the commissioner. Subd. 2. Exempt persons. The following persons are exempt from the requirements of this chapter: (1) a financial institution; (2) a person servicing student loans […]
Section 58A.09 — Continuing Education For Mortgage Loan Originators.
58A.09 CONTINUING EDUCATION FOR MORTGAGE LOAN ORIGINATORS. Subdivision 1. Generally. In order to meet the annual continuing education requirements referred to in section 58A.08, subdivision 1, clause (2), a licensed mortgage loan originator shall complete at least eight hours of education approved according to subdivision 2 that includes at least: (1) three hours of federal […]
Section 58A.10 — Authority To Require License.
58A.10 AUTHORITY TO REQUIRE LICENSE. In addition to any other duties imposed upon the commissioner by law, the commissioner shall require mortgage loan originators to be licensed and registered through the Nationwide Multistate Licensing System and Registry. In order to carry out this requirement, the commissioner may participate in the Nationwide Multistate Licensing System and […]
Section 58A.11 — Nationwide Multistate Licensing System And Registry Information Challenge Process.
58A.11 NATIONWIDE MULTISTATE LICENSING SYSTEM AND REGISTRY INFORMATION CHALLENGE PROCESS. The commissioner shall establish a process that allows mortgage loan originators to challenge information entered into the Nationwide Multistate Licensing System and Registry by the commissioner. History: 2010 c 347 art 4 s 12; 2018 c 104 s 3