2009 North Carolina Code
Chapter 53 - Banks.
§ 53-244.118. Rule-making authority; records.

§ 53‑244.118.  Rule‑making authority; records.

(a)        The Commissioner may adopt any rules that the Commissioner deems necessary to carry out the provisions of this Article, to provide for the protection of the borrowing public, to prohibit unfair or deceptive practices, to instruct mortgage lenders, mortgage brokers, mortgage servicers, or mortgage loan originators in interpreting this Article, and to implement and interpret the provisions of G.S. 24‑1.1E, 24‑1.1F, and 24‑10.2 as they apply to licensees under this Article.

(b)        The Commissioner shall keep a list of all applicants for licensure under this Article or claimants of exempt status under G.S. 53‑244.050(g) that includes the date of application, name, place of residence, and whether the license or claim of exempt status was granted or denied.

(c)        The Commissioner shall keep a current roster showing the names and places of business of all licensees that shows their respective mortgage loan originators and a roster of exempt persons required to file a notice under G.S. 53‑244.050(g). The roster shall:

(1)        Be kept on file in the office of the Commissioner;

(2)        Contain information regarding all orders or other actions taken against the licensees and other persons; and

(3)        Be open to public inspection.  (2009‑374, s. 2.)