Kansas amends mortgage licensing provisions
The updates to the Kansas Mortgage Business Act are effective July 1.
Kentucky enacts student loan servicer licensing provisions
Among other things, the act requires, subject to certain exemptions, persons servicing student loans in the state to obtain a license from the commissioner.
Kentucky enacts mortgage loan industry regulation bill
Among other things, the bill permits employees of a licensee to engage in the mortgage lending process from an alternate location if certain conditions are met.
NYDFS to collect assessment fees from licensed virtual currency businesses
The new fee will cover the costs associated with the oversight of virtual currency businesses and “defray operating expenses.”
Virginia creates provisions for sales-based financing providers
The bill’s provisions apply to sales-based financing contracts or agreements entered into on or after July 1.