Minn. Stat. § 58.141

Current through 2024, c. 127
Section 58.141 - REPORTS AND UNIQUE IDENTIFIER
Subdivision 1.Mortgage call reports.

A residential mortgage originator or servicer must submit reports of condition to the Nationwide Multistate Licensing System and Registry. Reports submitted under this subdivision must be in the form and contain the information required by the Nationwide Multistate Licensing System and Registry.

Subd. 2.Report to Nationwide Multistate Licensing System and Registry.

Subject to section 58A.14, the commissioner must regularly report violations of this chapter, as well as enforcement actions and other relevant information, to the Nationwide Multistate Licensing System and Registry.

Subd. 3.Unique identifier; display.

The unique identifier of any person originating a residential mortgage loan must be clearly displayed on all residential mortgage loan application forms, solicitations, or advertisements, including business cards or websites, and any other documents the commissioner establishes by rule or order.

Minn. Stat. § 58.141

Added by 2024 Minn. Laws, ch. 114,s 2-31, eff. 8/1/2024.