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Searching Content indexed under Charges, Mortgages, Indemnities by Costas Avrakotos ordered by Published Date Descending.
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New Jersey Enacts A Law To License Mortgage Loan Servicers
On April 29, 2019, New Jersey joined the ranks of US states that license mortgage loan servicers when Governor Phil Murphy signed into law the Mortgage Servicers Licensing Act (the "Servicers Act").
Jersey
27 May 2019
2
Foreign Statutory Trusts Purchasing Delinquent Residential Mortgage Loans Are Not Required To Obtain Maryland Collection Agency License, Finds Maryland Court Of Appeals
Foreign statutory trusts that acquire delinquent residential mortgage loans are NOT required to be licensed under the Maryland Collection Agency Licensing Act (the "Act") ...
United States
8 Aug 2018
3
Pennsylvania Licenses Residential Mortgage Loan Servicers
Pennsylvania became the latest state to impose a licensing obligation on mortgage loan servicers.
United States
8 Jan 2018
4
Ohio Consolidates Its Mortgage Finance Licensing Laws Into A New Residential Mortgage Lending Act
On December 22, 2017, Ohio Governor Kasich signed into law Ohio House Bill 199, which will make significant changes in how the state will license and regulate mortgage lenders and brokers.
United States
4 Jan 2018
5
Arkansas Sanctions Unlicensed MSR Holders
While states continue in that direction, they have not been quick to take action against companies that acquire and hold mortgage servicing rights without a license.
United States
18 Dec 2017
6
Oregon Begins To License Residential Mortgage Loan Servicers
With Oregon scheduled to begin accepting mortgage loan servicer license applications through the NMLS on November 1, 2017, we wanted to update our August 16, 2017 blog post for those who may..
United States
1 Nov 2017
7
Oregon Licenses Residential Mortgage Loan Servicers
On August 2nd, Oregon Governor Katherine Brown signed legislation that provides for the licensing of residential mortgage loan servicers, Senate Bill 98 ("S 98"), the Oregon Mortgage Loan Servicer Practices Act (the "Servicer Act").
United States
17 Aug 2017
8
Maryland Legislative Session Adjourned
The 2017 Maryland legislative session ended at midnight last Monday, April 10. Here is a look at legislation affecting financial services businesses that the Governor is expected to sign into law.
United States
18 Apr 2017
9
Can You Name All Of Your Relatives? Why Should Licensees? Does The NMLS Disclosure Of Commonly-Owned Affiliates Still Serve A Purpose?
Since the 2008 beginning of the NMLS, the most unnecessary information licensees or license applicants must provide to establish or maintain an MU1 Account Record is the identification of each affiliate and subsidiary that provides financial services or settlement services.
United States
10 Feb 2017
10
Raise Your Voice And Comment . . . On Maryland's Proposed Regulations
Despite the quiet publication of the proposed regulations, this proposal is actually many months in the making.
United States
30 Jan 2017
11
Kentucky Regulators Provide Guidance On Licensing For Holding Mortgage Loan Servicing Rights
As we reported on January 11th, the December 22nd Memorandum issued by the Kentucky Department of Financial Institutions provides that the state's Mortgage Licensing and Regulation Act requires licensing of entities holding residential mortgage loan servicing rights.
United States
23 Jan 2017
12
Holders Of Kentucky Mortgage Servicing Rights Must Get License
Kentucky is giving entities that merely hold the rights to service residential mortgage loans just over two months to obtain a license, unless they can provide exemption documentation.
United States
3 Jan 2017
13
United States
21 Dec 2016
14
New Hampshire Repeals Mortgage Servicer Statute
New Hampshire repealed its Regulation of Mortgage Loan Servicers Act and folded regulation of servicers into its Licensing of Nondepository First Mortgage Bankers and Brokers Act (the "Mortgage Act").
United States
12 Jul 2016
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