494.00255 Administrative penalties and fines; license violations.— (1) Each of the following acts constitutes a ground for which the disciplinary actions specified in subsection (2) may be taken against a person licensed or required to be licensed under part II or part III of this chapter: (a) Failure to immediately place upon receipt, and maintain until authorized to […]
494.0026 Disposition of insurance proceeds.—The following provisions apply to mortgage loans held by a mortgagee or assignee that is subject to part II or part III of this chapter. (1) The mortgagee or assignee must promptly endorse a check, draft, or other negotiable instrument payable jointly to the mortgagee or assignee and the insured by the insurance […]
494.00296 Loan modification.— (1) PROHIBITED ACTS.—When offering or providing loan modification services, a loan originator, mortgage broker, or mortgage lender may not: (a) Engage in or initiate loan modification services without first executing a written agreement for loan modification services with the borrower; (b) Execute a loan modification without the consent of the borrower after the borrower is made […]
