Maine Amends Notice of Right to Cure Delivery Requirements
September 12, 2019
Maine passed a bill amending “notice of right to cure” (Notice) delivery requirements. Under the bill, a Notice must now be sent to the borrower
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Ohio Authorizes Online Notarizations
September 12, 2019
Ohio passed a bill authorizing the online notarization of documents. Under the bill, an online notarization is defined as a notarial act performed by means
Montana Enacts Mortgage Lender and Servicer Net Worth Requirements
September 6, 2019
Montana passed a bill enacting net worth requirements for mortgage lenders and servicers licensed under the Mortgage Act (Act). Under the bill, mortgage lenders must
Maryland Amends Net Worth Requirements under Mortgage Lender Law
September 6, 2019
Maryland passed a bill amending net worth requirements for mortgage lenders, brokers and servicers licensed under the Mortgage Lender Law (MLL). Under the bill, mortgage
New Jersey Requires Licensing of Mortgage Servicers
July 30, 2019
New Jersey passed a bill requiring the licensing of mortgage servicers. Under the bill, a person may not act as a mortgage servicer in New
North Carolina Increases Permissible Dishonored Check Fee
July 15, 2019
North Carolina passed a bill increasing the fee that may be imposed for a dishonored check. Under the bill, a lender may now charge up
Nevada Amends Content of Foreclosure Notice to Tenants
July 11, 2019
Nevada passed a bill amending the content of the Notice to Tenants of the Property (Notice). The bill removes previously required language from the Notice
New Jersey Amends Breach of Security Disclosure Requirements
July 11, 2019
New Jersey passed a bill amending breach of security disclosure requirements. Under the bill, New Jersey’s breach of security disclosure requirements now apply in the
New Jersey Amends Notice of Intention to Foreclose Requirements
July 11, 2019
New Jersey passed a bill amending “notice of intention to foreclose” (Notice) requirements. Under the bill, if a mortgage is secured by a residence for
Washington Department of Financial Institutions Temporarily Waives Examination and Assessment Fees under Consumer Loan Act
July 11, 2019
The Washington Department of Financial Institutions (Department) issued a Department Letter temporarily waiving examination and assessment fees under the Consumer Loan Act. Per the Department
