N.Y. Comp. Codes R. & Regs. tit. 3 § 39.1

Current through Register Vol. 46, No. 45, November 2, 2024
Section 39.1 - Purpose

The purpose of this Part is to define the entities engaged in the business of soliciting, negotiating, placing, processing or making mortgage loans secured by a first or junior lien that will be exempt from the registration or licensing requirements of article 12-D of the Banking Law, and to define mortgage loan products, the brokering or funding of which do not require registration or licensing as a mortgage banker or mortgage broker under article 12-D.

N.Y. Comp. Codes R. & Regs. Tit. 3 § 39.1