Go to Other Versions of The
Colorado Rev. Stat.
2023 Colorado Revised Statutes
Title 5 - CONSUMER CREDIT CODE (§§ 5-1-101 — 5-21-116)
DEBT MANAGEMENT (§§ 5-16-101 — 5-21-116)
Article 21 - COLORADO NONBANK MORTGAGE SERVICERS ACT (§§ 5-21-101 — 5-21-116)
Section 5-21-107 - Federal laws
Universal Citation:
CO Rev Stat § 5-21-107 (2023)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
- (1) A mortgage servicer shall comply with all federal laws and regulations applicable to mortgage servicers for their mortgage servicing activities, including:
- (a) The federal "Real Estate Settlement Procedures Act of 1974", 12 U.S.C. sec. 2601 et seq., as amended; and
- (b) The "Truth in Lending Act", 15 U.S.C. sec. 1601 et seq., as amended.
- (2) In addition to any other remedies provided by law, a violation of any federal law or regulation that is covered by subsection (1) of this section shall be deemed a violation of this article 21.
- (3) All financial responsibility requirements of this article 21 shall be presumed to be met if a mortgage servicer is currently approved to service loans by the Federal National Mortgage Association, Federal Home Loan Mortgage Corporation, or Government National Mortgage Association or if it meets prudential standards established by the Conference of State Bank Supervisors.
Added by 2021 Ch. 482,§ 1, eff. 1/1/2022.
Disclaimer: These codes may not be the most recent version. Colorado may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
