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Montana Division of Banking and Financial Institutions · MT

MAR Notice 2-59-604: Notice of Amendment pertaining to designated manager supervisory requirements

October 9, 2020

Summary

This amendment revises the supervisory obligations for designated managers at mortgage lending entities operating in Montana. It clarifies the scope of management oversight responsibilities and updates recordkeeping standards to ensure effective branch and staff supervision.

MAR Notice 2-59-604 — published 2020-10-09

Notice of Amendment pertaining to designated manager supervisory requirements

Source: https://www.mtrules.org/gateway/ShowNoticeFile.asp?TID=10034

Common questions

What does "MAR Notice 2-59-604: Notice of Amendment pertaining to designated manager supervisory requirements" cover?
This amendment revises the supervisory obligations for designated managers at mortgage lending entities operating in Montana. It clarifies the scope of…
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 October 9, 2020.

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