17:16F-14. Annual report to the Legislature
49 words·~1 min read·
/nj/title-17/chapter-16f/17-16f-14·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Commissioner of Banking shall report annually to the appropriate committees of the Legislature regarding existing and suggested regulations which assure that borrowers are treated fairly and are afforded adequate protection from arbitrary changes in commitment terms, interest rates, lock-in agreements and fees related to their mortgage loans.
L.1990,c.48,s.3.