Source: https://www.revisor.mn.gov/statutes/2017/cite/58A/full
Timestamp: 2019-10-21 07:59:36
Document Index: 500285945

Matched Legal Cases: ['art 4', 'art 4', 'art 4', 'art 4', 'art 4', 'art 4']

﻿ Ch. 58A MN Statutes
58A.11 NATIONWIDE MORTGAGE LICENSING SYSTEM AND REGISTRY INFORMATION CHALLENGE PROCESS.
58A.18 REPORT TO NATIONWIDE MORTGAGE LICENSING SYSTEM AND REGISTRY.
2010 c 347 art 4 s 4
The license of a mortgage loan originator failing to satisfy the minimum standards for license renewal expires. The commissioner may adopt procedures for the reinstatement of expired licenses consistent with the standards established by the Nationwide Mortgage Licensing System and Registry.
2010 c 347 art 4 s 9
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 Mortgage Licensing System and Registry. In order to carry out this requirement, the commissioner may participate in the Nationwide Mortgage Licensing System and Registry. For this purpose, the commissioner may establish by rule or order requirements as necessary, including but not limited to:
(iv) other information as determined necessary by the Nationwide Mortgage Licensing System and Registry;
(2) the payment of fees to apply for or renew licenses through the Nationwide Mortgage Licensing System and Registry;
(4) requirements for amending or surrendering a license or other activities the commissioner considers necessary for participation in the Nationwide Mortgage Licensing System and Registry.
2010 c 347 art 4 s 11
The commissioner shall establish a process that allows mortgage loan originators to challenge information entered into the Nationwide Mortgage Licensing System and Registry by the commissioner.
2010 c 347 art 4 s 12
A mortgage licensee shall submit to the Nationwide Mortgage Licensing System and Registry reports of condition, which must be in the form and contain the information the Nationwide Mortgage Licensing System and Registry requires.
2010 c 347 art 4 s 18
The commissioner shall regularly report violations of this chapter, as well as enforcement actions and other relevant information, to the Nationwide Mortgage Licensing System and Registry subject to the provisions contained in section 58A.14.
2010 c 347 art 4 s 19
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 Web sites, and any other documents as established by rule or order of the commissioner.