RESIDENTIAL MORTGAGE ORIGINATORS AND SERVICERS

Abandoned and unclaimed property laws, compliance

License applications, Minn. Statutes 2007 58.06

Standards of conduct, Minn. Statutes 2007 58.13

Addresses, license applications, Minn. Statutes 2007 58.06

Advance fees

Contracts, Minn. Statutes 2007 58.16

License exemption, Minn. Statutes 2007 58.04

Standards of conduct, Minn. Statutes 2007 58.16

Advertising

Advertisement, defined, Minn. Statutes 2007 58.02

Copies of, retention period, Minn. Statutes 2007 58.14

Standards of conduct, Minn. Statutes 2007 58.13

Agents

Nonagency disclosure, Minn. Statutes 2007 58.13, 58.15

Standards of conduct, Minn. Statutes 2007 58.13, 58.16

Appraisers, standards of conduct, Minn. Statutes 2007 58.13

Audits and examinations

Noncompliance, action subject to penalty, Minn. Statutes 2007 58.12

Bankruptcy, notice, Minn. Statutes 2007 58.06, 58.14

Borrowers

Ability to pay, verification, Minn. Statutes 2007 58.13

Definitions, Minn. Statutes 2007 58.02

Generally, Minn. Statutes 2007 58.16

Breaches of trust, Minn. Statutes 2007 58.125

Brokering or lending services, Minn. Statutes 2007 58.06, 58.13

Business activities, license applications, Minn. Statutes 2007 58.06

Censure, license violations, generally, Minn. Statutes 2007 58.12

Certificates of exemption

Fees, Minn. Statutes 2007 58.10

Issuance, Minn. Statutes 2007 58.05

Revocation, Minn. Statutes 2007 58.12

"Churning", Minn. Statutes 2007 58.13, 58.18

Coercion

Action subject to penalty, Minn. Statutes 2007 58.12

Standards of conduct, Minn. Statutes 2007 58.13

Commissions (compensation), contracts, Minn. Statutes 2007 58.16

Compensation and salaries

Contracts, Minn. Statutes 2007 58.16

Standards of conduct, Minn. Statutes 2007 58.13

Complaints against, documentation and resolution, Minn. Statutes 2007 58.14

Conducting business, violations and penalties, Minn. Statutes 2007 58.04

Consumer education, appropriations for, Minn. Statutes 2007 58.10

Contested cases, licenses, effect on, Minn. Statutes 2007 58.12

Contracts and agreements

Residential mortgage originator services, Minn. Statutes 2007 58.16

Standards of conduct, Minn. Statutes 2007 58.13

Criminal violations or convictions, Minn. Statutes 2007 58.06

Deceptive trade practices, action subject to penalty, Minn. Statutes 2007 58.12

Definitions

Advertisement, Minn. Statutes 2007 58.13

Fees and charges, Minn. Statutes 2007 58.137

Residential Mortgage Originator and Servicer Licensing Act, Minn. Statutes 2007 58.02

Disbursements

Records and record keeping, Minn. Statutes 2007 58.16

Standards of conduct, Minn. Statutes 2007 58.13

Disciplinary action, subject to penalty, Minn. Statutes 2007 58.12

Disclosure

Cancellation rights and procedures, Minn. Statutes 2007 58.16

Electronic residential mortgage applications, Minn. Statutes 2007 58.15

HUD disclosure, Minn. Statutes 2007 58.15

Insurance producers, violations, Minn. Statutes 2007 60K.43

Lenders, Minn. Statutes 2007 58.16

Nonagency, Minn. Statutes 2007 58.13, 58.15

Prepayment penalties, Minn. Statutes 2007 58.137

Residential mortgage originator services, Minn. Statutes 2007 58.16

Taxes and insurance payments, Minn. Statutes 2007 58.13

Dishonesty, Minn. Statutes 2007 58.125

Electronic residential mortgage applications, disclosure, Minn. Statutes 2007 58.15

Employees

Education requirement, Minn. Statutes 2007 58.126

License applications, Minn. Statutes 2007 58.06

License exemptions, Minn. Statutes 2007 58.05

Escrow accounts, Minn. Statutes 2007 58.02, 58.16

False advertising, standards of conduct, Minn. Statutes 2007 58.13

False representation, standards of conduct, Minn. Statutes 2007 58.13

False statements

License applications, action subject to penalty, Minn. Statutes 2007 58.12

Standards of conduct, Minn. Statutes 2007 58.13

Fees

Certificates of exemption, Minn. Statutes 2007 58.10

Lender fees exceeding five percent, Minn. Statutes 2007 58.137

Licenses, Minn. Statutes 2007 58.09, 58.10

Nonpayment, action subject to penalty, Minn. Statutes 2007 58.12

Overpayments, refunds, Minn. Statutes 2007 58.10

Prepayment penalties, limitations, Minn. Statutes 2007 58.137

Records and record keeping, Minn. Statutes 2007 58.16

Standards of conduct, Minn. Statutes 2007 58.13

Fiduciary requirements

Agency or advance fee transactions, Minn. Statutes 2007 58.16

Licenses, Minn. Statutes 2007 58.04, 58.05

Fines, Minn. Statutes 2007 58.12

Foreclosure consultants, exclusion, Minn. Statutes 2007 325N.01

Forms

License applications, Minn. Statutes 2007 58.06

License exemptions, Minn. Statutes 2007 58.15

Nonagency disclosure, Minn. Statutes 2007 58.15

Prepayment penalties, disclosure, Minn. Statutes 2007 58.137

Fraud

Action subject to penalty, Minn. Statutes 2007 58.12

License application information, Minn. Statutes 2007 58.06

Gross negligence

Action subject to penalty, Minn. Statutes 2007 58.12

License application information, Minn. Statutes 2007 58.06

Guilty pleas, action subject to penalty, Minn. Statutes 2007 58.12

Independent contractors

Education requirement, Minn. Statutes 2007 58.126

Injunctions

License application information, Minn. Statutes 2007 58.06

Violations, action subject to penalty, Minn. Statutes 2007 58.12

Interest rates, residential mortgage loans, Minn. Statutes 2007 58.16

Intimidation, standards of conduct, Minn. Statutes 2007 58.13

Investigations

Financial data, Minn. Statutes 2007 58.06

Noncompliance, action subject to penalty, Minn. Statutes 2007 58.12

Lenders, disclosure, Minn. Statutes 2007 58.16

Letters of credit, Minn. Statutes 2007 58.08

Licenses

Age, Minn. Statutes 2007 58.06

Applications

Action subject to penalty, Minn. Statutes 2007 58.12

Material changes, notice, Minn. Statutes 2007 58.06, 58.14

Requirements, Minn. Statutes 2007 58.06, 58.11

Surety bonds or letters of credit, Minn. Statutes 2007 58.08

Cancellation, procedures, Minn. Statutes 2007 58.11

Certificates of exemption, Minn. Statutes 2007 58.05, 58.10, 58.12

Classes, Minn. Statutes 2007 58.03

Examinations, Minn. Statutes 2007 58.115

Exemptions, Minn. Statutes 2007 58.04, 58.05, 58.10, 58.12

Expiration, Minn. Statutes 2007 58.09

Fees, Minn. Statutes 2007 58.09, 58.10

Lapsed, surrendered, withdrawn, or terminated licenses, Minn. Statutes 2007 58.12

Renewal, Minn. Statutes 2007 58.09, 58.11

Requirements, Minn. Statutes 2007 58.04

Suspension, revocation, or denial, Minn. Statutes 2007 58.12

Waiver of requirements, Minn. Statutes 2007 58.06

Lines of credit, loan amount, Minn. Statutes 2007 58.137

Mail and mailing

Cancellation of contract, notice, Minn. Statutes 2007 58.16

License renewal, Minn. Statutes 2007 58.11

Misrepresentation

Action subject to penalty, Minn. Statutes 2007 58.12

License application information, Minn. Statutes 2007 58.06

Standards of conduct, Minn. Statutes 2007 58.13

Money laundering, Minn. Statutes 2007 58.125

Names

License applications, Minn. Statutes 2007 58.06

Use, standards of conduct, Minn. Statutes 2007 58.13

Notice given

Bankruptcy, Minn. Statutes 2007 58.06, 58.14

Insurance producers, violations, Minn. Statutes 2007 60K.43

Lenders, disclosure, Minn. Statutes 2007 58.16

License applications, Minn. Statutes 2007 58.06, 58.14

License cancellation request, Minn. Statutes 2007 58.11

Private mortgage insurance, cancellation, Minn. Statutes 2007 47.207

Standards of conduct, Minn. Statutes 2007 58.13

Oaths and affirmations

License applications, Minn. Statutes 2007 58.06

Noncompliance, action subject to penalty, Minn. Statutes 2007 58.12

Standards of conduct, Minn. Statutes 2007 58.13

Orders

Cease and desist orders, Minn. Statutes 2007 58.06, 58.12

Regulatory agency orders barring involvement in industry or profession, Minn. Statutes 2007 58.06, 58.12

Show cause for no penalty, Minn. Statutes 2007 58.12

Suspension or revocation orders, Minn. Statutes 2007 58.06, 58.12

Violations, action subject to penalty, Minn. Statutes 2007 58.12

Persons in control, Minn. Statutes 2007 58.02, 58.06

Predatory lending practices, Minn. Statutes 2007 58.13

Rates and charges, Minn. Statutes 2007 58.136, 58.137

Records and record keeping

Fees, Minn. Statutes 2007 58.16

Generally, Minn. Statutes 2007 58.14

Insurance producers, violations, Minn. Statutes 2007 60K.43

Standards of conduct, Minn. Statutes 2007 58.13

Refunds, Minn. Statutes 2007 58.10, 58.16

Reports given

Audited financial data, to Commerce Department, Minn. Statutes 2007 58.06

Residential mortgage loans

Lender fees exceeding five percent, Minn. Statutes 2007 58.137

Prepayment penalties, limitations, Minn. Statutes 2007 58.137

Rates and charges, limitations, Minn. Statutes 2007 58.136

Standards of conduct, Minn. Statutes 2007 58.13

Residential Mortgage Originator and Servicer Licensing Act

Generally, Minn. Statutes 2007 58.01 to 58.17

Standards of conduct

Agency or advance fee transactions, Minn. Statutes 2007 58.16

Generally, Minn. Statutes 2007 58.13

Insurance producers, violations, Minn. Statutes 2007 60K.43

Violations, generally, Minn. Statutes 2007 58.12

Statements by, trust account disbursements, Minn. Statutes 2007 58.16

Surety bonds, Minn. Statutes 2007 58.08

Table funding, standards of conduct, Minn. Statutes 2007 58.13

Tax laws

License applications, compliance, Minn. Statutes 2007 58.06

Noncompliance, action subject to penalty, Minn. Statutes 2007 58.12

Termination of business, plan, license cancellation, Minn. Statutes 2007 58.11

Time, licenses, timely renewal, Minn. Statutes 2007 58.11

Trust accounts

Generally, Minn. Statutes 2007 58.16

Records and record keeping, Minn. Statutes 2007 58.14

Standards of conduct, Minn. Statutes 2007 58.13

Trust funds, Minn. Statutes 2007 58.02, 58.13

Violations and penalties

Civil penalties, Minn. Statutes 2007 58.12

Criminal violations or convictions, Minn. Statutes 2007 58.12

Insurance producers performing residential activity, effect on license, Minn. Statutes 2007 60K.43

Lapsed, surrendered, withdrawn, or terminated licenses, Minn. Statutes 2007 58.12

Lawsuits, Minn. Statutes 2007 58.18

License, rule, or order violations, generally, Minn. Statutes 2007 58.12

Standards of conduct, Minn. Statutes 2007 58.13

Writing, requirements

Bankruptcy notice, Minn. Statutes 2007 58.14

Contracts, cancellation notice, Minn. Statutes 2007 58.16

License applications, Minn. Statutes 2007 58.06

License cancellation, Minn. Statutes 2007 58.11

Prepayment penalties, disclosure, Minn. Statutes 2007 58.137

Written agreements, Minn. Statutes 2007 58.13, 58.16