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Montana Division of Banking and Financial Institutions · MT

MAR Notice 2-59-613: Notice of Adoption and Amendment pertaining to examination fees, revocation and suspension of mortgage licenses, consumer complaints, confidentiality agreements and sharing arrangements, reinstatement of expired or susp

June 11, 2021

Summary

The Montana Division of Banking and Financial Institutions has adopted amendments governing mortgage licensing, including processes for license revocation, suspension, and reinstatement. These rules also establish new standards for examination fees, consumer complaint handling, and the use of mortgage loan origination disclosure forms.

MAR Notice 2-59-613 — published 2021-06-11

Notice of Adoption and Amendment pertaining to examination fees, revocation and suspension of mortgage licenses, consumer complaints, confidentiality agreements and sharing arrangements, reinstatement of expired or suspended licenses, mortgage loan origination disclosure form, bona fide not-for-profit certification, and applications for initial licenses near year end

Source: https://www.mtrules.org/gateway/ShowNoticeFile.asp?TID=10388

Common questions

What does "MAR Notice 2-59-613: Notice of Adoption and Amendment pertaining to examination fees, revocation and suspension of mortgage licenses, consumer complaints, confidentiality agreements and sharing arrangements, reinstatement of expired or susp" cover?
The Montana Division of Banking and Financial Institutions has adopted amendments governing mortgage licensing, including processes for license…
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 June 11, 2021.

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