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Montana Division of Banking and Financial Institutions · MT

MAR Notice 2-59-554: Notice of Amendment and Repeal - Surety Bond - Table Funding - Application of Financial Standards - Reporting Forms for Mortgage Servicers - Standardized Forms and Procedures of the Nationwide Mortgage Licensing System

July 8, 2017

Summary

This amendment standardizes administrative requirements and financial standards for mortgage servicers and lenders operating in Montana. It specifically aligns state licensing procedures with the Nationwide Mortgage Licensing System (NMLS) and updates surety bond and reporting form protocols.

MAR Notice 2-59-554 — published 2017-07-08

Notice of Amendment and Repeal – Surety Bond – Table Funding – Application of Financial Standards – Reporting Forms for Mortgage Servicers – Standardized Forms and Procedures of the Nationwide Mortgage Licensing System – Clarification of Definition

Source: https://www.mtrules.org/gateway/ShowNoticeFile.asp?TID=7891

Common questions

What does "MAR Notice 2-59-554: Notice of Amendment and Repeal - Surety Bond - Table Funding - Application of Financial Standards - Reporting Forms for Mortgage Servicers - Standardized Forms and Procedures of the Nationwide Mortgage Licensing System " cover?
This amendment standardizes administrative requirements and financial standards for mortgage servicers and lenders operating in Montana. It specifically…
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 July 8, 2017.

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