Montana Division of Banking and Financial Institutions · MT
MAR Notice 2-59-458: Notice of Adoption: Financial Responsibility of Mortgage Loan Originators and Control Persons and Ultimate Equity Owners of Mortgage Entities
January 27, 2012
Summary
This rule adopts new standards for assessing the financial responsibility of mortgage loan originators, control persons, and ultimate equity owners. It mandates specific criteria for determining financial fitness to ensure the integrity of mortgage lending operations within the state.
MAR Notice 2-59-458 — published 2012-01-27
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=3924
Common questions
- What does "MAR Notice 2-59-458: Notice of Adoption: Financial Responsibility of Mortgage Loan Originators and Control Persons and Ultimate Equity Owners of Mortgage Entities" cover?
- This rule adopts new standards for assessing the financial responsibility of mortgage loan originators, control persons, and ultimate equity owners. It…
- 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 January 27, 2012.
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