32-9-102. License requirement -- registration. (1) Unless exempt under 32-9-104, a person may not act as a mortgage broker, mortgage lender, mortgage servicer, or mortgage loan originator with respect to any residential mortgage loan located in Montana unless licensed under the provisions of this part.
     (2) A person acting as a mortgage broker, mortgage lender, mortgage servicer, or mortgage loan originator under this part is required to be licensed through, registered with, and maintain a valid unique identifier issued by the nationwide mortgage licensing system and registry. (See compiler's comment regarding contingent suspension.)

     History: En. Sec. 2, Ch. 516, L. 2003; amd. Sec. 1, Ch. 301, L. 2005; amd. Sec. 2, Ch. 321, L. 2009; amd. Sec. 5, Ch. 317, L. 2011.