Section 750 IAC 9-2-7 - Applicability of state and federal laws, regulations, and rulesAuthority: IC 24-4.4-1-101
Affected: IC 24-4.4; IC 24-4.5
Sec. 7.
(a) A violation of a state or federal law, regulation, rule, policy, or guidance applicable to mortgage transactions is a violation of this article.(b) The department may enforce penalty provisions set forth in 15 U.S.C. 1640, which is incorporated by reference, for violations of disclosure requirements applicable to mortgage transactions. Department of Financial Institutions; 750 IAC 9-2-7; emergency rule filed Jul 23, 2009, 4:14 p.m.: 20090729-IR-750090577ERA; emergency rule filed Dec 15, 2011, 2:54 p.m.: 20111221-IR-750110778ERAReadopted filed 12/1/2015, 9:28 a.m.: 20151230-IR-750150336RFAReadopted filed 11/3/2021, 10:48 a.m.: 20211201-IR-750210427RFA