Montana Division of Banking and Financial Institutions · MT
MAR Notice 2-59-571: Notice of Proposed Amendment - Annual Reporting for Consumer Loan Licensees - Escrow Business Reference Updates - Mortgage Definitions - Mortgage Renewal Fees - Escrow Funds Held by Mortgage Companies.
February 24, 2018
Summary
This proposed amendment by the Montana Division of Banking and Financial Institutions updates annual reporting requirements and escrow business references for consumer loan licensees. It further clarifies mortgage definitions, modifies mortgage renewal fees, and establishes regulatory standards for the management of escrow funds held by mortgage companies.
MAR Notice 2-59-571 — published 2018-02-24
Notice of Proposed Amendment - Annual Reporting for Consumer Loan Licensees - Escrow Business Reference Updates - Mortgage Definitions - Mortgage Renewal Fees - Escrow Funds Held by Mortgage Companies.
Source: https://www.mtrules.org/gateway/ShowNoticeFile.asp?TID=8327
Common questions
- What does "MAR Notice 2-59-571: Notice of Proposed Amendment - Annual Reporting for Consumer Loan Licensees - Escrow Business Reference Updates - Mortgage Definitions - Mortgage Renewal Fees - Escrow Funds Held by Mortgage Companies." cover?
- This proposed amendment by the Montana Division of Banking and Financial Institutions updates annual reporting requirements and escrow business references…
- 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 February 24, 2018.
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