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 May 13, 2017.

Reglith

← All regulatory updates

Montana Division of Banking and Financial Institutions · MT

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

May 13, 2017

Summary

This regulatory notice proposes amendments and repeals concerning mortgage licensing standards, including requirements for surety bonds, table funding definitions, and financial reporting for servicers. The changes are intended to align Montana's state-level requirements with the standardized forms and procedures of the Nationwide Mortgage Licensing System.

MAR Notice 2-59-554 — published 2017-05-13

Notice of Proposed 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. No Public Hearing Contemplated

Source: https://www.mtrules.org/gateway/ShowNoticeFile.asp?TID=7776

Common questions

What does "MAR Notice 2-59-554: Notice of Proposed Amendment and Repeal - Surety Bond - Table Funding - Application of Financial Standards - Reporting Forms for Mortgage Servicers - Standardized Forms and Procedures of the Nationwide Mortgage Licensin" cover?: This regulatory notice proposes amendments and repeals concerning mortgage licensing standards, including requirements for surety bonds, table funding…
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 May 13, 2017.

Summary

Common questions

Related updates