Section 301 – Prohibited conduct — Violations of the chapter.

Effective 5/12/2020 61-2c-301. Prohibited conduct — Violations of the chapter. (1) A person transacting the business of residential mortgage loans in this state may not: (a) violate Section 8 of RESPA; (b) charge a fee in connection with a residential mortgage loan transaction: (i) that is excessive; or (ii) without providing to the loan applicant […]

Section 302 – Record requirements.

Effective 5/8/2018 61-2c-302. Record requirements. (1) For the time period specified in Subsection (2), a licensee shall make or possess any record required for that licensee by a rule made by the division. (2) A licensee, or a person required to be licensed under this chapter, shall maintain and safeguard in the licensee’s or the […]