← All regulatory updates

Montana Division of Banking and Financial Institutions · MT

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

April 16, 2021

Summary

The Montana Division of Banking and Financial Institutions proposes updates to regulatory standards covering examination fees, license management, and consumer complaint handling. These changes introduce new certification forms for non-profits and standardize processes for license reinstatement and end-of-year applications.

MAR Notice 2-59-613 — published 2021-04-16

Notice of Proposed 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

Proposed Forms

Source: https://www.mtrules.org/gateway/ShowNoticeFile.asp?TID=10309

Common questions

What does "MAR Notice 2-59-613: Notice of Proposed Adoption and Amendment pertaining to examination fees, revocation and suspension of mortgage licenses, consumer complaints, confidentiality agreements and sharing arrangements, reinstatement of expire" cover?
The Montana Division of Banking and Financial Institutions proposes updates to regulatory standards covering examination fees, license management, and…
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 April 16, 2021.

Get the free weekly digest

Every mortgage regulatory change, summarized, in your inbox. No account needed.

Related updates