§ 1735f–10. Change of mortgagee status

289 words·~1 min read·/usc/title-12/section-1735f-10

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Upon the occurrence of any action described in subsection (b), an approved mortgagee shall immediately submit to the Secretary, in writing, notification of such occurrence. The actions described in this subsection are as follows: The debarment, suspension or a Limited Denial of Participation (LDP), or application of other sanctions, other exclusions, fines, or penalties applied to the mortgagee or to any officer, partner, director, principal, manager, supervisor, loan processor, loan underwriter, or loan originator of the mortgagee pursuant to applicable provisions of State or Federal law.

The revocation of a State-issued mortgage loan originator license issued pursuant to the S.A.F.E. Mortgage Licensing Act of 2008 ( 12 U.S.C. 5101 et seq.) or any other similar declaration of ineligibility pursuant to State law. ( June 27, 1934, ch. 847 , title V, § 532, as added Pub. L. 111–22, div. A, title II, § 203(e) , May 20, 2009 , 123 Stat. 1647 .)

Connectionstraces to 1

Traces to 1 document

U.S. Code

Purposes and methods for establishing a mortgage licensing system and registry
§ 5101

6 references not yet in our index

Pub. L. 111-22
123 Stat. 1647
Pub. L. 110-289
122 Stat. 2810
Pub. L. 97-35
95 Stat. 418

Citation graph

cites case law

§ 1735f–10

Change of mortgagee status

U.S.C.§ 5101

Pub. L.Pub. L. 111-22

Stat.123 Stat. 1647

Pub. L.Pub. L. 110-289

Stat.122 Stat. 2810

Pub. L.Pub. L. 97-35

Cites 7 · showing 6Cited by 0 across 0 sources