There is a newer version of the Mississippi Code
2010 Mississippi Code
TITLE 81 - BANKS AND FINANCIAL INSTITUTIONS
Chapter 18 - Mississippi S.A.F.E. Mortgage Licensing Act of 2009.
- 81-18-1 - Short title [Repealed effective July 1, 2010].
- 81-18-3 - Definitions [Repealed effective July 1, 2010].
- 81-18-5 - Exemptions [Repealed effective July 1, 2010].
- 81-18-7 - Mortgage broker, mortgage lender, or mortgage loan originator licensing requirement; violations [Repealed effective July 1, 2010].
- 81-18-8 - Enactment of local ordinances and regulations in compliance with this chapter authorized [Repealed effective July 1, 2010].
- 81-18-9 - Application for license [Repealed effective July 1, 2010].
- 81-18-11 - Mortgage loan originator surety bond requirement; form; amount [Repealed effective July 1, 2010].
- 81-18-13 - Authorization to collect and maintain records and process fees related to licensees; applicants to provide certain information; licensing procedures and criteria; denial [Repealed effective July 1, 2010].
- 81-18-14 - Prelicensing education requirements; written test requirement [Repealed effective July 1, 2010].
- 81-18-15 - Mortgage broker, mortgage lender and mortgage loan originator license renewal procedures; license fees; annual continuing education requirements for mortgage loan originators [Repealed effective July 1, 2010].
- 81-18-17 - License to state name, address, and principal place of business of licensee; original license to be displayed in conspicuous place; license nontransferable and nonassignable; notification to department of change in address, location, officers, etc.; department approval required for opening of branch office [Repealed effective July 1, 2010].
- 81-18-19 - Acquisition of interest in licensee [Repealed effective July 1, 2010].
- 81-18-21 - Maintenance and investigation of business records; biennial investigation; examination fee; department authorized to examine persons suspected of conducting business requiring a license; licensee to make records and books available to commissioner and compile reports; commissioner may control access to records of licensee under investigation [Repealed effective July 1, 2010].
- 81-18-23 - Annual written report by licensee [Repealed effective July 1, 2010].
- 81-18-25 - Requirements for principal place of business and branch offices [Repealed effective July 1, 2010].
- 81-18-27 - Prohibited acts; licensed mortgage broker or mortgage lender to broker residential mortgage loan only to licensed mortgage brokers or mortgage lenders or exempt persons [Repealed effective July 1, 2010].
- 81-18-28 - Maximum lock-in fee; contents of lock-in fee agreement [Repealed effective July 1, 2010].
- 81-18-29 - Promulgation of rules and regulations [Repealed effective July 1, 2010].
- 81-18-31 - Regulations governing advertising of mortgage loans [Repealed effective July 1, 2010].
- 81-18-33 - Required contents of individual borrower files [Repealed effective July 1, 2010].
- 81-18-35 - Journal of mortgage transactions [Repealed effective July 1, 2010].
- 81-18-36 - Funds paid to licensee for payment of taxes or insurance premiums must be deposited in separate account from funds belonging to licensee; account to be designated "escrow account"; accounting for funds [Repealed effective July 1, 2010].
- 81-18-37 - Suspension or revocation of license; notice to licensee [Repealed effective July 1, 2010].
- 81-18-39 - Definition of "person"; violations of law; cease and desist orders; failure to comply with order; civil penalty [Repealed effective July 1, 2010].
- 81-18-40 - Commissioner authorized to issue subpoenas; penalties for noncompliance with subpoena [Repealed effective July 1, 2010].
- 81-18-41 - Continuation of loan servicing under existing servicing contracts by suspended licensee [Repealed effective July 1, 2010].
- 81-18-43 - Penalties for violations; report of violations; hearing on amount of penalty; judicial review [Repealed effective July 1, 2010].
- 81-18-45 - Commissioner authorized to hire additional full-time employees [Repealed effective July 1, 2010].
- 81-18-47 - Immunity from liability [Repealed effective July 1, 2010].
- 81-18-49 - Grandfather provisions [Repealed effective July 1, 2010].
- 81-18-51 - Repeal of §§ 81-18-1 through 81-18-63 [Repealed effective July 1, 2010].
- 81-18-53 - Applicability of chapter [Repealed effective July 1, 2010].
- 81-18-61 - Mortgage loan originators required to be licensed and registered through Nationwide Mortgage Licensing System and Registry; background checks; fees; process to challenge information in system; independent contractor loan processor or underwriter to be licensed as mortgage loan originator [Repealed effective July 1, 2010].
- 81-18-63 - Confidentiality of information or material provided to Nationwide Mortgage Licensing System and Registry [Repealed effective July 1, 2010].
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