Montana Code Annotated 2009

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TITLE 32. FINANCIAL INSTITUTIONS
CHAPTER 9. RESIDENTIAL MORTGAGE BROKERS, LENDERS, AND LOAN ORIGINATORS


Part 1. Montana Mortgage Broker, Mortgage Lender, and Mortgage Loan Originator Licensing Act

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32-9-101. Short title and purpose.
32-9-102. License requirement -- registration.
32-9-103. Definitions.
32-9-104. Exemptions -- proof of exemption.
32-9-105. Overall licensing requirements for mortgage brokers, mortgage lenders, and mortgage loan originators.
32-9-106. Dual licensure.
32-9-107. Prelicensing education requirements for mortgage loan originators.
32-9-108. Repealed.
32-9-109. Experience requirements.
32-9-110. Examination requirements for mortgage loan originators.
32-9-111. Repealed.
32-9-112. Application for mortgage broker, mortgage lender, and mortgage loan originator license.
32-9-113. Application for licensure.
32-9-114. Provisional licenses and previously licensed persons.
32-9-115. Repealed.
32-9-116. Employment of mortgage loan originator.
32-9-117. Fees -- license renewal -- disposition of fees.
32-9-118. Continuing education requirements for mortgage loan originators.
32-9-119. Repealed.
32-9-120. Denial of mortgage broker, mortgage lender, or mortgage loan originator license application or license renewal.
32-9-121. Records maintenance -- advertising requirement.
32-9-122. Designated manager and branch license requirements.
32-9-123. Surety bond or net worth requirement -- notice of legal action.
32-9-124. Prohibitions -- required disclosure.
32-9-125. Trust accounts -- bona fide third-party fees.
32-9-126. Revocation, suspension, conditioning, and reinstatement of licenses.
32-9-127. Compliance of current mortgage brokers, mortgage lenders, and mortgage loan originator licensees with background check and minimum standards -- renewals.
32-9-128. Registered agent for mortgage broker, mortgage lender, or mortgage loan originator licensee without physical office in state -- venue.
32-9-129. Loan processors and underwriters.
32-9-130. Department authority -- rulemaking.
32-9-131. Repealed.
32-9-132. Injunctions -- receivers.
32-9-133. Penalties -- restitution.
32-9-134. through reserved.
32-9-141. Investigations by department -- subpoenas -- oaths -- examination of witnesses and evidence.
32-9-142. Cease and desist orders.
32-9-143. and reserved.
32-9-145. Escrow fund.
32-9-146. and reserved.
32-9-148. Disclosure of mortgage costs by mortgage lender.
32-9-149. reserved.
32-9-150. Unique identifier for mortgage brokers, mortgage lenders, mortgage loan originators, and registered mortgage loan originators.
32-9-151. Mortgage call reports.
32-9-152. through reserved.
32-9-155. Nationwide mortgage licensing system and registry information challenge process.
32-9-156. through reserved.
32-9-160. Confidentiality.