61-2c-103. Powers and duties of the division. (1) The division shall administer this chapter. (2) In addition to a power or duty expressly provided in this chapter, the division may: (a) receive and act on a complaint including: (i) taking action designed to obtain voluntary compliance with this chapter; or (ii) commencing an administrative or […]
Affected by 63I-1-261 on 7/1/2031 61-2c-104. Residential Mortgage Regulatory Commission. (1) (a) There is created within the division the “Residential Mortgage Regulatory Commission” consisting of the following members appointed by the executive director with the approval of the governor: (i) four members who: (A) have at least three years of experience in transacting the business […]
Effective 5/8/2018 61-2c-105. Scope of chapter — Exemptions. (1) (a) Except as to an individual who will engage in an activity as a mortgage loan originator, this chapter applies to a closed-end residential mortgage loan secured by a first lien or equivalent security interest on a dwelling. (b) This chapter does not apply to a […]
61-2c-106. Addresses provided the division. (1) (a) A person shall provide a physical location or street address when the person provides the nationwide database an address required by the division. (b) The following when provided to and maintained within the division under this chapter is public information: (i) a business address; or (ii) a mailing […]
