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the Michigan Compiled Laws
2012 Michigan Compiled Laws
Chapter 445 — TRADE AND COMMERCE
Act 660 of 2002 — CONSUMER MORTGAGE PROTECTION ACT (445.1631 - 445.1645)***** 445.1637 PLEASE SEE THE COMPILER'S NOTE REGARDING CONTACT INFORMATION *****
Section 445.1639 — Violation of act.
Universal Citation:
MI Comp L § 445.1639 (2012 through Reg Sess)
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CONSUMER MORTGAGE PROTECTION ACT (EXCERPT)
Act 660 of 2002
445.1639 Violation of act.
Sec. 9.
If the commissioner determines that a person is brokering, making, servicing, or collecting mortgage loans in violation of this act, the commissioner shall do 1 or more of the following:
(a) Initiate a cause of action under section 10.
(b) If the person is chartered, licensed, registered, regulated, or administered by the commissioner under a law of this state, the commissioner shall enforce the penalties and remedies under that law.
(c) Forward a complaint to the appropriate regulatory or investigatory authority.
History: 2002, Act 660, Imd. Eff. Dec. 23, 2002
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