27 06, 2011

Texas Mortgage Servicer Licensing now required

2015-05-23T08:09:59-07:00June 27th, 2011|Mortgage Licensing News, Mortgage Servicer Licensing|

On June 17, Texas Governor Rick Perry signed into law S.B. 17, the Residential Mortgage Loan Servicer Registration Act, which requires all residential mortgage loan servicers in Texas to register with the Commissioner of the Texas Department of Savings and Mortgage Lending (Commissioner). The Mortgage Servicer Registration is required for companies acting purely in a [...]

23 06, 2011

Florida In-House Processors no longer need LO Licensing

2017-01-23T19:53:11-08:00June 23rd, 2011|Loan Originator Licensing, Mortgage Licensing News|

Florida law previously required persons acting solely as loan processors to secure a loan originator license. On May 31, the Governor of Florida signed into law a bill to relieve in-house loan processors from individual licensing in Florida. Specifically, the bill excludes in-house loan processors from individual licensure, so long as the individual (i) is [...]

23 06, 2011

Montana Mortgage Servicer Licensing now required

2017-01-23T19:53:11-08:00June 23rd, 2011|Mortgage Licensing News, Mortgage Servicer Licensing|

On May 5, 2011, Montana adopted House Bill No. 90, which made numerous revisions to the Montana Mortgage Broker, Mortgage Lender, and Mortgage Loan Originator Licensing Act (Act) and changed its title to the Montana Mortgage Act. The revisions included requirements for the licensing and regulation of mortgage servicers. The effective date of the changes [...]

Title

Go to Top