reglab/housing_qa huggingface dataset:
RI Gen L § 19-14.9-9 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.9 - Rhode Island Fair Debt Collection Practices Act|Section 19-14.9-9 - Validation of debts.

§ 19-14.9-9. Validation of debts.(1) Within five (5) days after the initial communication with a consumer in connection with the collection of any debt, a debt collector shall, unless the following information is contained in the initial communication, or the consumer has paid the debt, send the consumer a written notice containing:(a) The amount of the debt;(b) The name of the creditor to whom the debt is owed;(c) A statement that unless the consumer, within thirty (30) days after receipt of the notice, disputes that validity of the debt, or any portion thereof, the debt will be assumed to be valid by the debt collector;(d) A statement that if the consumer notifies the debt collector in writing within the thirty-day (30) period that the debt, or any portion thereof, is disputed, the debt collector will obtain verification of the debt or a copy of a judgment against the consumer and a copy of such verification or judgment will be mailed to the consumer by the debt collector; and(e) A statement that, upon the consumer's written request within the thirty-day (30) period, the debt collector will provide the consumer with the name and address of the original creditor, if different from the current creditor.(2) If the consumer notifies the debt collector in writing within the thirty-day (30) period described in subsection (1)(d) that the debt, or any portion thereof, is disputed, or that the consumer requests the name and address of the original creditor, the debt collector shall cease collection of the debt, or any disputed portion thereof, until the debt collector obtains verification of the debt or a copy of a judgment, or the name and address of the original creditor, and a copy of such verification or judgment, or name and address of the original creditor, is mailed to the consumer by the debt collector.(3) The failure of a consumer to dispute the validity of a debt under this section shall not be construed by any court as an admission of liability by the consumer.History of Section.P.L. 2007, ch. 427, § 1.
RI Gen L § 19-14.9-10 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.9 - Rhode Island Fair Debt Collection Practices Act|Section 19-14.9-10 - Multiple debts.

§ 19-14.9-10. Multiple debts.If any consumer owes multiple debts and makes any single payment to any debt collector with respect to such debts, such debt collector may not apply such payment to any debt that is disputed by the consumer and, where applicable, shall apply such payment in accordance with the consumer's directions.History of Section.P.L. 2007, ch. 427, § 1.
RI Gen L § 19-14.9-11 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.9 - Rhode Island Fair Debt Collection Practices Act|Section 19-14.9-11 - Furnishing certain deceptive forms.

§ 19-14.9-11. Furnishing certain deceptive forms.It is unlawful to design, compile, and furnish any form knowing that such form would be used to create the false belief in a consumer that a person other than the creditor of such consumer is participating in the collection of or in an attempt to collect a debt such consumer allegedly owes such creditor, when in fact such person is not so participating.History of Section.P.L. 2007, ch. 427, § 1.
RI Gen L § 19-14.9-12 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.9 - Rhode Island Fair Debt Collection Practices Act|Section 19-14.9-12 - Registration required.

§ 19-14.9-12. Registration required.(1) After July 1, 2008, no person shall engage within this state in the business of a debt collector, or engage in soliciting the right to collect or receive payment for another of an account, bill, or other indebtedness, or advertise for or solicit in print the right to collect or receive payment for another of an account, bill, or other indebtedness, without first registering with the director, or the director's designee.(2) The application for registration shall be in writing; shall contain information as the director may determine; and shall be accompanied by a registration fee of seven hundred fifty dollars ($750).(3) The registration shall be for a period of one year. Each registration shall plainly state the name of the registrant and the city or town with the name of the street and number, if any, of the place where the business is to be carried on; provided that the business shall at all times be conducted in the name of the registrant as it appears on the registration.(4) No person registered to act within this state as a debt collector shall do so under any other name or at any other place of business than that named in the registration. The registration shall be for a single location but may, with notification to the director, be moved to a different location. A registration shall not be transferable or assignable.(5) This section shall not apply:(a) To the servicer of a debt by a mortgage; or(b) To any debt collector located out of this state, provided that the debt collector:(1) Is collecting debts on behalf of an out-of-state creditor for a debt that was incurred out of state; and(2) Only collects debts in this state using interstate communication methods, including telephone, facsimile, or mail.(c) To any regulated institution as defined under § 19-1-1, national banking association, federal savings bank, federal savings and loan association, federal credit union, or any bank, trust company, savings bank, savings and loan association, or credit union organized under the laws of this state, or any other state of the United States, or any subsidiary of the above; but except as provided herein, this section shall apply to a subsidiary or affiliate, as defined by the director, of an exempted entity and of a bank holding company established in accordance with state or federal law.History of Section.P.L. 2007, ch. 427, § 1; P.L. 2014, ch. 106, § 5; P.L. 2014, ch. 125, § 5; P.L. 2019, ch. 88, art. 5, § 2.
RI Gen L § 19-14.9-14 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.9 - Rhode Island Fair Debt Collection Practices Act|Section 19-14.9-14 - Severability.

§ 19-14.9-14. Severability.If any provision of this chapter or its application to any person or circumstance is held invalid by a court of competent jurisdiction, the invalidity does not affect other provisions or applications of the chapter that can be given effect without the invalid provision or application, and to this end the provisions of the chapter are severable.History of Section.P.L. 2007, ch. 427, § 1.
RI Gen L § 19-14.10-1 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.10 - An Act Adopting the Federal Secure and Fair Enforcement for Mortgage Licensing Act of 2009|Section 19-14.10-1 - Short title.

§ 19-14.10-1. Short title.This chapter shall be known and may be cited as the "Secure and Fair Enforcement Mortgage Licensing Act of 2009".History of Section.P.L. 2009, ch. 148, § 3; P.L. 2009, ch. 160, § 3.
RI Gen L § 19-14.10-2 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.10 - An Act Adopting the Federal Secure and Fair Enforcement for Mortgage Licensing Act of 2009|Section 19-14.10-2 - Purpose.

§ 19-14.10-2. Purpose.The activities of mortgage loan originators and the origination or offering of financing for residential real property have a direct, valuable, and immediate impact upon Rhode Island's consumers, Rhode Island's economy, the neighborhoods and communities of Rhode Island, and the housing and real estate industry. The general assembly finds that accessibility to mortgage credit is vital to the state's citizens. The general assembly also finds that it is essential for the protection of the citizens of Rhode Island and the stability of Rhode Island's economy that reasonable standards for licensing and regulation of the business practices of mortgage loan originators be imposed. The general assembly further finds that the obligations of mortgage loan originators to consumers in connection with originating or making residential mortgage loans are such as to warrant the regulation of the mortgage lending process. The purpose of this chapter is to protect consumers seeking mortgage loans and to ensure that the mortgage lending industry is operating without unfair, deceptive, and fraudulent practices on the part of mortgage loan originators. Therefore the general assembly establishes within this chapter:(1) System of supervision and enforcement. An effective system of supervision and enforcement of the mortgage lending industry, including:(i) The authority to issue licenses to conduct business under this chapter, including the authority to write rules or regulations or adopt procedures necessary to the licensing of persons covered under this chapter.(ii) The authority to deny, suspend, condition, or revoke licenses issued under this chapter.(iii) The authority to examine, investigate, and conduct enforcement actions as necessary to carry out the intended purposes of this chapter, including the authority to subpoena witnesses and documents, enter orders, including cease and desist orders, order restitution and monetary penalties, and order the removal and ban of individuals from office or employment.(2) Broad administrative authority. That the director of the department of business regulation ("director"), or the director's designee, shall have the broad administrative authority to administer, interpret, and enforce this chapter, and promulgate rules or regulations implementing this chapter, in order to carry out the intentions of the general assembly.History of Section.P.L. 2009, ch. 148, § 3; P.L. 2009, ch. 160, § 3.
RI Gen L § 19-14.10-5 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.10 - An Act Adopting the Federal Secure and Fair Enforcement for Mortgage Licensing Act of 2009|Section 19-14.10-5 - State license and registration application and issuance.

§ 19-14.10-5. State license and registration application and issuance.(a) Applicants for a license shall apply in a form as prescribed by the director, or the director's designee. Each such form shall contain content as set forth by rule, regulation, instruction, or procedure of the director, or the director's designee, and may be changed or updated as necessary by the director, or the director's designee, in order to carry out the purposes of this chapter.(b) In order to fulfill the purposes of this chapter, the director, or the director's designee, is authorized to establish relationships or contracts with the Nationwide Mortgage Licensing System and Registry or other entities designated by the Nationwide Mortgage Licensing System and Registry to collect and maintain records and process transaction fees or other fees related to licensees or other persons subject to this chapter.(c) In connection with an application for licensing as a mortgage loan originator, the applicant shall, at a minimum, furnish to the Nationwide Mortgage Licensing System and Registry information concerning the applicant's identity, including:(1) Fingerprints for submission to the Federal Bureau of Investigation, and any governmental agency or entity authorized to receive such information for a state, national, and international criminal history background check; and(2) Personal history and experience in a form prescribed by the Nationwide Mortgage Licensing System and Registry, including the submission of authorization for the Nationwide Mortgage Licensing System and Registry and the director to obtain:(i) An independent credit report obtained from a consumer reporting agency described in § 603(p) of the Fair Credit Reporting Act, 15 U.S.C. § 1681a(p); and(ii) Information related to any administrative, civil, or criminal findings by any governmental jurisdiction.(d) For the purposes of this section and in order to reduce the points of contact which the Federal Bureau of Investigation may have to maintain for purposes of this section the director, or the director's designee, may use the Nationwide Mortgage Licensing System and Registry as a channeling agent for requesting information from and distributing information to the U.S. Department of Justice or any governmental agency.(e) For the purposes of this section, and in order to reduce the points of contact that the director, or the director's designee, may have to maintain for purposes of this section, the director, or the director's designee, may use the Nationwide Mortgage Licensing System and Registry as a channeling agent for requesting and distributing information to and from any source so directed by the director, or the director's designee.History of Section.P.L. 2009, ch. 148, § 3; P.L. 2009, ch. 160, § 3.
RI Gen L § 19-14.10-6 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.10 - An Act Adopting the Federal Secure and Fair Enforcement for Mortgage Licensing Act of 2009|Section 19-14.10-6 - Issuance of license.

§ 19-14.10-6. Issuance of license.The director, or the director's designee, shall not approve a mortgage loan originator license unless the director. or the director's designee. makes at a minimum the following findings:(1) The applicant has never had a mortgage loan originator license revoked in any governmental jurisdiction, except that a subsequent formal vacation of such revocation shall not be deemed a revocation.(2) The applicant has not been convicted of, or pled guilty or nolo contendere to, a felony in a domestic, foreign, or military court:(i) During the seven-year (7) period preceding the date of the application for licensing and registration; or(ii) At any time preceding such date of application, if such felony involved an act of fraud, dishonesty, or a breach of trust, or money laundering.(iii) Pardon of a conviction shall not be a conviction for purposes of this subsection.(3) The applicant has demonstrated financial responsibility, character, and general fitness such as to command the confidence of the community and to warrant a determination that the mortgage loan originator will operate honestly, fairly, and efficiently within the purposes of this chapter.(i) For purposes of this subsection, a person has shown that he or she is not financially responsible when he or she has shown a disregard in the management of his or her own financial condition. A determination that an individual has not shown financial responsibility may include, but not be limited to:(3) (i) (A) Current outstanding judgments, except judgments solely as a result of medical expenses;(B) Current outstanding tax liens or other government liens and filings;(C) Foreclosures within the past three years;(D) A pattern of seriously delinquent accounts within the past three (3) years.(4) The applicant has completed the pre-licensing education requirement described in § 19-14.10-7.(5) The applicant has passed a written test that meets the test requirement described in § 19-14.10-8.(6) The applicant has met the net worth or surety bond requirements required pursuant to § 19-14.10-14.History of Section.P.L. 2009, ch. 148, § 3; P.L. 2009, ch. 160, § 3; P.L. 2010, ch. 56, § 2; P.L. 2010, ch. 64, § 2.
RI Gen L § 19-14.10-7 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.10 - An Act Adopting the Federal Secure and Fair Enforcement for Mortgage Licensing Act of 2009|Section 19-14.10-7 - Pre-licensing and re-licensing education of loan originators.

§ 19-14.10-7. Pre-licensing and re-licensing education of loan originators.(a) In order to meet the pre-licensing education requirement referred to in this chapter, a person shall complete at least twenty (20) hours of education approved in accordance with subsection (b), which shall include at least:(1) Three (3) hours of Federal law and regulations;(2) Three (3) hours of ethics, which shall include instruction on fraud, consumer protection, and fair-lending issues;(3) Two (2) hours of training related to lending standards for the nontraditional mortgage product marketplace; and(4) Three (3) hours of Rhode Island law and regulations.(b) For purposes of subsection (a), pre-licensing education courses shall be reviewed and approved by the Nationwide Mortgage Licensing System and Registry based upon reasonable standards. Review and approval of a pre-licensing education course shall include review and approval of the course provider.(c) Nothing in this section shall preclude any pre-licensing education course, as approved by the Nationwide Mortgage Licensing System and Registry that is provided by the employer of the applicant or an entity that is affiliated with the applicant by an agency contract, or any subsidiary or affiliate of such employer or entity.(d) Pre-licensing education may be offered either in a classroom, online, or by any other means approved by the Nationwide Mortgage Licensing System and Registry.(e) The pre-licensing education requirements approved by the Nationwide Mortgage Licensing System and Registry for any state shall be accepted as credit towards completion of pre-licensing education requirements in Rhode Island.(f) A person, previously licensed under this chapter subsequent to the effective date of this chapter applying to be licensed again, must prove that they have completed all of the continuing education requirements for the year in which the license was last held.History of Section.P.L. 2009, ch. 148, § 3; P.L. 2009, ch. 160, § 3.
RI Gen L § 19-14.10-8 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.10 - An Act Adopting the Federal Secure and Fair Enforcement for Mortgage Licensing Act of 2009|Section 19-14.10-8 - Testing of loan originators.

§ 19-14.10-8. Testing of loan originators.(a) In order to meet the written test requirement referred to in this chapter, an individual shall pass, in accordance with the standards established under this subsection, a qualified written test developed by the Nationwide Mortgage Licensing System and Registry and administered by a test provider approved by the Nationwide Mortgage Licensing System and Registry based upon reasonable standards.(b) A written test shall not be treated as a qualified written test for purposes of this section unless the test adequately measures the applicant's knowledge and comprehension in appropriate subject areas, including:(1) Ethics;(2) Federal law and regulation pertaining to mortgage origination;(3) State law and regulation pertaining to mortgage origination;(4) Federal and state law and regulation, including instruction on fraud, consumer protection, the nontraditional mortgage marketplace, and fair-lending issues.(c) Nothing in this section shall prohibit a test provider approved by the Nationwide Mortgage Licensing System and Registry from providing a test at the location of the employer of the applicant or the location of any subsidiary or affiliate of the employer of the applicant, or the location of any entity with which the applicant holds an exclusive arrangement to conduct the business of a mortgage loan originator.(d) (1) An individual shall not be considered to have passed a qualified written test unless the individual achieves a test score of not less than seventy-five percent (75%) correct answers to questions.(2) An individual may retake a test three (3) consecutive times with each consecutive taking occurring at least thirty (30) days after the preceding test.(3) After failing three (3) consecutive tests, an individual shall wait at least six (6) months before taking the test again.(4) A licensed mortgage loan originator who fails to maintain a valid license for a period of five (5) years or longer shall retake the test, not taking into account any time during which such individual is a registered mortgage loan originator.History of Section.P.L. 2009, ch. 148, § 3; P.L. 2009, ch. 160, § 3.
RI Gen L § 19-14.10-9 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.10 - An Act Adopting the Federal Secure and Fair Enforcement for Mortgage Licensing Act of 2009|Section 19-14.10-9 - Standards for license renewal.

§ 19-14.10-9. Standards for license renewal.(a) The minimum standards for license renewal for mortgage loan originators shall include the following:(1) The mortgage loan originator continues to meet the minimum standards for license issuance under § 19-14.10-6.(2) The mortgage loan originator has satisfied the annual continuing education requirements described in § 19-14.10-10.(3) The mortgage loan originator has paid all required fees for renewal of the license.(b) The license of a mortgage loan originator failing to satisfy the minimum standards for license renewal shall expire. The director, or the director's designee, may adopt procedures for the reinstatement of expired licenses consistent with the standards established by the Nationwide Mortgage Licensing System and Registry.History of Section.P.L. 2009, ch. 148, § 3; P.L. 2009, ch. 160, § 3.
RI Gen L § 19-14.10-11 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.10 - An Act Adopting the Federal Secure and Fair Enforcement for Mortgage Licensing Act of 2009|Section 19-14.10-11 - Authority to require license.

§ 19-14.10-11. Authority to require license.In addition to any other duties imposed upon the director, or the director's designee, by law, the director, or the director's designee, 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 director, or the director's designee, is authorized to participate in the Nationwide Mortgage Licensing System and Registry. For this purpose, the director, or the director's designee, may establish by rule or regulation requirements as necessary, including but not limited to:(1) Background checks for:(i) Criminal history through fingerprint or other databases;(ii) Civil or administrative records;(iii) Credit history; or(2) Any other information as deemed necessary by the Nationwide Mortgage Licensing System and Registry.(3) The payment of fees to apply for or renew licenses through the Nationwide Mortgage Licensing System and Registry;(4) The setting or resetting as necessary of renewal or reporting dates; and(5) Requirements for amending or surrendering a license or any other such activities as the director, or the director's designee, deems necessary for participation in the Nationwide Mortgage Licensing System and Registry.History of Section.P.L. 2009, ch. 148, § 3; P.L. 2009, ch. 160, § 3.
RI Gen L § 19-14.10-12 (2021)
2021 Rhode Island General Laws|Title 19 - Financial Institutions|Chapter 19-14.10 - An Act Adopting the Federal Secure and Fair Enforcement for Mortgage Licensing Act of 2009|Section 19-14.10-12 - Nationwide Mortgage Licensing System and Registry information challenge process.

§ 19-14.10-12. Nationwide Mortgage Licensing System and Registry information challenge process.The director, or the director's designee, shall establish a process whereby mortgage loan originators may challenge information entered into the Nationwide Mortgage Licensing System and Registry by the director, or the director's designee.History of Section.P.L. 2009, ch. 148, § 3; P.L. 2009, ch. 160, § 3.