Legislative Session number- 85

Bill Name: HF3774

HF 3774

FIRST ENGROSSMENT

Minnesota Residential Mortgage Originator and
Servicer Licensing Act application clarified, records retention periods
modified, and insurer investment authority clarified.

Section 1: Residential
mortgage loan language is modified.

Section 2: Residential real property;
residential real estate language is modified.

Section 3: Documentation and
resolution of complaints language is modified.

Section 4: Trust account records
for mortgage originators language is modified.

Section 5: Record retention
language is modified.

Section 6: General considerations language is
modified.

SNA 3/24/08