There is a newer version of the Massachusetts General Laws
2010 Massachusetts Code
PART III COURTS, JUDICIAL OFFICERS AND PROCEEDINGS IN CIVIL CASES
TITLE IV CERTAIN WRITS AND PROCEEDINGS IN SPECIAL CASES
CHAPTER 255F LICENSING OF MORTGAGE LOAN ORIGINATORS
- Section 1 Definitions
- Section 2 Mortgage loan originator license requirement
- Section 3 Application for license; contents; criminal offender record information; investigation and license fees; residential mortgage landing course
- Section 4 Issuance of license upon finding of good character; denial; written decision; review
- Section 5 Maintenance of license by employing entity; termination of employment; reassignment of license
- Section 6 Investigation and license fees; annual license renewal; continuing education requirement
- Section 7 Revocation or suspension of license; grounds; notice and hearing; surrender of license
- Section 8 Cease and desist orders; temporary orders; notice and hearing; judicial review
- Section 9 Enforcement; civil actions
- Section 10 Violation of Sec. 2; penalties
- Section 11 Penalties; right of restitution for individuals or entities; judicial review
- Section 12 Service of written notice of intention; contents; hearing; order of prohibition; prohibition on performing functions of mortgage loan originator
- Section 13 Suspension, revocation or refusal to renew license of employing entity; grounds
- Section 14 Inspection of records
- Section 15 Annual report to commissioner of banks; contents
- Section 16 Reports of condition
- Section 17 Report of violations and enforcement actions to nationwide mortgage licensing system and registry
- Section 18 Unique identifier of any person originating residential mortgage loan to be clearly shown on documents
- Section 19 Rules and regulations
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