RESIDENTIAL MORTGAGE ORIGINATORS AND SERVICERS

Abandoned and unclaimed property laws, compliance

License applications, Minn. Statutes 2016 58.06

Standards of conduct, Minn. Statutes 2016 58.13

Addresses, license applications, Minn. Statutes 2016 58.06

Advance fees

Contracts, Minn. Statutes 2016 58.16

License exemption, Minn. Statutes 2016 58.04

Standards of conduct, Minn. Statutes 2016 58.16

Advertising

Advertisement, defined, Minn. Statutes 2016 58.02

Copies of, retention period, Minn. Statutes 2016 58.14

Standards of conduct, Minn. Statutes 2016 58.13

Unique identifiers, Minn. Statutes 2016 58A.20

Agents

Nonagency disclosure, Minn. Statutes 2016 58.13, 58.15

Standards of conduct, Minn. Statutes 2016 58.13, 58.16

Appraisers, standards of conduct, Minn. Statutes 2016 58.13

Audits and examinations, noncompliance, action subject to penalty, Minn. Statutes 2016 58.12

Automated valuation models, Minn. Statutes 2016 82.55

Bankruptcy, notice, Minn. Statutes 2016 58.06, 58.14

Borrowers

Ability to pay, verification, Minn. Statutes 2016 58.13

Definitions, Minn. Statutes 2016 58.02

Generally, Minn. Statutes 2016 58.16

Breaches of trust, Minn. Statutes 2016 58.125

Brokering or lending services, Minn. Statutes 2016 58.06, 58.13

Business activities, license applications, Minn. Statutes 2016 58.06

Censure, license violations, generally, Minn. Statutes 2016 58.12

Certificates of exemption

Fees, Minn. Statutes 2016 58.10

Issuance, Minn. Statutes 2016 58.05

Revocation, Minn. Statutes 2016 58.12

Charges and rates, Minn. Statutes 2016 58.136, 58.137

"Churning", Minn. Statutes 2016 58.13, 58.18

Coercion

Action subject to penalty, Minn. Statutes 2016 58.12

Standards of conduct, Minn. Statutes 2016 58.13

Commissions (compensation), contracts, Minn. Statutes 2016 58.16

Compensation and salaries

Contracts, Minn. Statutes 2016 58.16

Standards of conduct, Minn. Statutes 2016 58.13

Complaints against, documentation and resolution, Minn. Statutes 2016 58.14

Conducting business, violations and penalties, Minn. Statutes 2016 58.04

Consumer education, appropriations for, Minn. Statutes 2016 58.10

Contested cases, licenses, effect on, Minn. Statutes 2016 58.12

Continuing education, Minn. Statutes 2016 58A.09

Contracts and agreements

Residential mortgage originator services, Minn. Statutes 2016 58.16

Standards of conduct, Minn. Statutes 2016 58.13

Criminal violations or convictions, Minn. Statutes 2016 58.06

Deceptive trade practices, action subject to penalty, Minn. Statutes 2016 58.12

Definitions

Advertisement, Minn. Statutes 2016 58.13

Fees and charges, Minn. Statutes 2016 58.137

Residential Mortgage Originator and Servicer Licensing Act, Minn. Statutes 2016 58.02

S.A.F.E. Mortgage Licensing Act, Minn. Statutes 2016 58A.02

Disbursements

Records and record keeping, Minn. Statutes 2016 58.16

Standards of conduct, Minn. Statutes 2016 58.13

Disciplinary action, subject to penalty, Minn. Statutes 2016 58.12

Disclosure

Electronic residential mortgage applications, Minn. Statutes 2016 58.15

Generally, Minn. Statutes 2016 58.16

HUD disclosure, Minn. Statutes 2016 58.15

Insurance producers, violations, Minn. Statutes 2016 60K.43

Nonagency, Minn. Statutes 2016 58.13, 58.15

Note owner information to mortgagor, Minn. Statutes 2016 58.162

Prepayment penalties, Minn. Statutes 2016 58.137

S.A.F.E. Mortgage Licensing Act, Minn. Statutes 2016 58A.14

Taxes and insurance payments, Minn. Statutes 2016 58.13

Dishonesty, Minn. Statutes 2016 58.125

Electronic residential mortgage applications, disclosure, Minn. Statutes 2016 58.15

Employees

License applications, Minn. Statutes 2016 58.06

License exemptions, Minn. Statutes 2016 58.05

Escrow accounts, Minn. Statutes 2016 58.02, 58.16

False advertising, standards of conduct, Minn. Statutes 2016 58.13

False representation, standards of conduct, Minn. Statutes 2016 58.13

False statements

License applications, action subject to penalty, Minn. Statutes 2016 58.12

Standards of conduct, Minn. Statutes 2016 58.13

Fees

Certificates of exemption, Minn. Statutes 2016 58.10

Lender fees exceeding five percent, Minn. Statutes 2016 58.137

Licenses, Minn. Statutes 2016 58.09, 58.10

Nonpayment, action subject to penalty, Minn. Statutes 2016 58.12

Overpayments, refunds, Minn. Statutes 2016 58.10

Prepayment penalties, limitations, Minn. Statutes 2016 58.137

Records and record keeping, Minn. Statutes 2016 58.16

Standards of conduct, Minn. Statutes 2016 58.13

Fiduciary requirements

Agency or advance fee transactions, Minn. Statutes 2016 58.16

Licenses, Minn. Statutes 2016 58.04, 58.05

Fines, Minn. Statutes 2016 58.12, 58A.12

Foreclosure consultants, exclusion, Minn. Statutes 2016 325N.01

Forms

License applications, Minn. Statutes 2016 58.06

License exemptions, Minn. Statutes 2016 58.15

Nonagency disclosure, Minn. Statutes 2016 58.15

Prepayment penalties, disclosure, Minn. Statutes 2016 58.137

Fraud

Action subject to penalty, Minn. Statutes 2016 58.12

License application information, Minn. Statutes 2016 58.06

Gross negligence

Action subject to penalty, Minn. Statutes 2016 58.12

License application information, Minn. Statutes 2016 58.06

Guilty pleas, action subject to penalty, Minn. Statutes 2016 58.12

Injunctions

License application information, Minn. Statutes 2016 58.06

Violations, action subject to penalty, Minn. Statutes 2016 58.12

Interest rates, residential mortgage loans, Minn. Statutes 2016 58.16

Intimidation, standards of conduct, Minn. Statutes 2016 58.13

Investigations

Financial data, Minn. Statutes 2016 58.06

Noncompliance, action subject to penalty, Minn. Statutes 2016 58.12

S.A.F.E. Mortgage Licensing Act, Minn. Statutes 2016 58A.15

Lenders, disclosure, Minn. Statutes 2016 58.16

Letters of credit, Minn. Statutes 2016 58.08

Licenses

Age, Minn. Statutes 2016 58.06

Applications

Action subject to penalty, Minn. Statutes 2016 58.12

Material changes, notice, Minn. Statutes 2016 58.06, 58.14

Requirements, Minn. Statutes 2016 58.06, 58.11, 58A.04

Surety bonds or letters of credit, Minn. Statutes 2016 58.08

Background checks, Minn. Statutes 2016 58A.04

Cancellation, procedures, Minn. Statutes 2016 58.11

Certificates of exemption, Minn. Statutes 2016 58.05, 58.10, 58.12

Classes, Minn. Statutes 2016 58.03

Continuing education, Minn. Statutes 2016 58A.09

Examinations, Minn. Statutes 2016 58.115

Exemptions, Minn. Statutes 2016 58.04, 58.05, 58.10, 58.12, 58A.03

Expiration, Minn. Statutes 2016 58.09

Fees, Minn. Statutes 2016 58.09, 58.10, 58A.045

Issuance, Minn. Statutes 2016 58A.04, 58A.05

Lapsed, surrendered, withdrawn, or terminated licenses, Minn. Statutes 2016 58.12

Nationwide Mortgage Licensing System and Registration, see same under this topic

Prelicensing and relicensing education requirements, Minn. Statutes 2016 58A.06

Renewal, Minn. Statutes 2016 58.09, 58.11, 58A.08

Requirements, Minn. Statutes 2016 58.04, 58A.03

S.A.F.E. Mortgage Licensing Act, Minn. Statutes 2016 58A.01 to 58A.22

Suspension, revocation, or denial, Minn. Statutes 2016 58.12, 58A.12

Term, Minn. Statutes 2016 58A.045

Testing, Minn. Statutes 2016 58A.07

Waiver of requirements, Minn. Statutes 2016 58.06

Lines of credit, loan amount, Minn. Statutes 2016 58.137

Loan application forms, unique identifiers, Minn. Statutes 2016 58A.20

Loss mitigation options, notice about, Minn. Statutes 2016 582.043

Mail and mailing

Cancellation of contract, notice, Minn. Statutes 2016 58.16

License renewal, Minn. Statutes 2016 58.11

Misrepresentation

Action subject to penalty, Minn. Statutes 2016 58.12

License application information, Minn. Statutes 2016 58.06

Standards of conduct, Minn. Statutes 2016 58.13

Money laundering, Minn. Statutes 2016 58.125

Names

License applications, Minn. Statutes 2016 58.06

Use, standards of conduct, Minn. Statutes 2016 58.13

Nationwide Mortgage Licensing System and Registry

Access to data, Minn. Statutes 2016 58A.14

Challenge process, Minn. Statutes 2016 58A.11

Channeling agent for information requests and distribution, Minn. Statutes 2016 58A.04

Definitions, Minn. Statutes 2016 58A.02

Educational courses, Minn. Statutes 2016 58A.06, 58A.09

False statements and omissions, Minn. Statutes 2016 58A.16

Participation, Minn. Statutes 2016 58A.04, 58A.10

Reports to, Minn. Statutes 2016 58A.17, 58A.18

Standards, Minn. Statutes 2016 58A.08

Testing, Minn. Statutes 2016 58A.07

Oaths and affirmations

License applications, Minn. Statutes 2016 58.06

Noncompliance, action subject to penalty, Minn. Statutes 2016 58.12

Standards of conduct, Minn. Statutes 2016 58.13

Orders

Cease and desist orders, Minn. Statutes 2016 58.06, 58.12

Regulatory agency orders barring involvement in industry or profession, Minn. Statutes 2016 58.06, 58.12

Show cause for no penalty, Minn. Statutes 2016 58.12

Suspension or revocation orders, Minn. Statutes 2016 58.06, 58.12

Violations, action subject to penalty, Minn. Statutes 2016 58.12

Persons in control, Minn. Statutes 2016 58.02, 58.06

Predatory lending practices, Minn. Statutes 2016 58.13

Private mortgage insurance, cancellation, notice given, Minn. Statutes 2016 47.207

Records and record keeping

Fees, Minn. Statutes 2016 58.16

Generally, Minn. Statutes 2016 58.14

Insurance producers, violations, Minn. Statutes 2016 60K.43

S.A.F.E. Mortgage Licensing Act, Minn. Statutes 2016 58A.15

Standards of conduct, Minn. Statutes 2016 58.13

Refunds, Minn. Statutes 2016 58.10, 58.16

Registration, Minn. Statutes 2016 58A.03, 58A.04

Reports given

Nationwide licensing system, Minn. Statutes 2016 58A.17, 58A.18

S.A.F.E. Mortgage Licensing Act, Minn. Statutes 2016 58A.15

Residential mortgage loans

Charges and rates, limitations, Minn. Statutes 2016 58.136

Lender fees exceeding five percent, Minn. Statutes 2016 58.137

Prepayment penalties, limitations, Minn. Statutes 2016 58.137

Standards of conduct, Minn. Statutes 2016 58.13

Residential Mortgage Originator and Servicer Licensing Act, generally, Minn. Statutes 2016 58.01 to 58.17

Reverse mortgages, Minn. Statutes 2016 47.58, 58.19

Solicitations, unique identifiers, Minn. Statutes 2016 58A.20

Standards of conduct

Agency or advance fee transactions, Minn. Statutes 2016 58.16

Generally, Minn. Statutes 2016 58.13

Insurance producers, violations, Minn. Statutes 2016 60K.43

Violations, generally, Minn. Statutes 2016 58.12

Statements by, trust account disbursements, Minn. Statutes 2016 58.16

Surety bonds, Minn. Statutes 2016 58.08, 58A.13

Table funding, standards of conduct, Minn. Statutes 2016 58.13

Tax laws

License applications, compliance, Minn. Statutes 2016 58.06

Noncompliance, action subject to penalty, Minn. Statutes 2016 58.12

Termination of business, plan, license cancellation, Minn. Statutes 2016 58.11

Time, licenses, timely renewal, Minn. Statutes 2016 58.11

Transaction agents, Minn. Statutes 2016 58.02, 58.162, 580.025

Trust accounts

Generally, Minn. Statutes 2016 58.16

Records and record keeping, Minn. Statutes 2016 58.14

Standards of conduct, Minn. Statutes 2016 58.13

Trust funds, Minn. Statutes 2016 58.02, 58.13

Violations and penalties

Generally, Minn. Statutes 2016 58.12

Insurance producers performing residential activity, effect on license, Minn. Statutes 2016 60K.43

Lawsuits, Minn. Statutes 2016 58.18

S.A.F.E. Mortgage Licensing Act, Minn. Statutes 2016 58A.12, 58A.16

Standards of conduct, Minn. Statutes 2016 58.13

Writing, requirements

Bankruptcy notice, Minn. Statutes 2016 58.14

Contracts, cancellation notice, Minn. Statutes 2016 58.16

License applications, Minn. Statutes 2016 58.06

License cancellation, Minn. Statutes 2016 58.11

Prepayment penalties, disclosure, Minn. Statutes 2016 58.137

Written agreements, Minn. Statutes 2016 58.13, 58.16