Montana Division of Banking and Financial Institutions · MT
MAR Notice 2-59-458: Corrected Notice of Adoption: Financial Responsibility of Mortgage Loan Originators and Control Persons and Ultimate Equity Owners of Mortgage Entities
June 22, 2012
Summary
This regulation mandates that mortgage loan originators and control persons maintain specific standards of financial responsibility for licensure in Montana. It establishes the requirements for ultimate equity owners to demonstrate their financial stability and character to ensure the integrity of mortgage entity operations.
MAR Notice 2-59-458 — published 2012-06-22
Corrected Notice of Adoption: Financial Responsibility of Mortgage Loan Originators and Control Persons and Ultimate Equity Owners of Mortgage Entities
Source: https://www.mtrules.org/gateway/ShowNoticeFile.asp?TID=4210
Common questions
- What does "MAR Notice 2-59-458: Corrected Notice of Adoption: Financial Responsibility of Mortgage Loan Originators and Control Persons and Ultimate Equity Owners of Mortgage Entities" cover?
- This regulation mandates that mortgage loan originators and control persons maintain specific standards of financial responsibility for licensure in…
- Which agency issued this update?
- This update was issued by Montana Division of Banking and Financial Institutions.
- When was it published?
- It was published on June 22, 2012.
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