DFPI clarifies licensing provisions for several state laws
The California Department of Financial Protection and Innovation filed a notice of proposed rulemaking with comments due on May 17.
North Dakota amends mortgage licensing requirements
Among other things, the act outlines provisions related to application for licensure and permitted maximum charges for loans and installment payments.
North Dakota passes law on money transmitter licensure
The act is effective August 1. For current licensees, the provisions take effect upon license renewal but no later than December 31.
CSBS seeks comments on uniform mortgage licensing standards
The proposed requirements would create a national standard for mortgage industry licensing to help improve uniformity within the state system.